The import of plastic containers, bobbins, and packages to Egypt exhibited fluctuations between 2013 and 2023. The highest import value was recorded in 2015, followed by a notable decline in 2016. The years 2020 and 2016 saw significant decreases in import values by 15.03% and 27.53%, respectively. However, the trend rebounded positively from 2021 onwards, showing a 25.68% increase in 2021, maintaining a gradual growth rate of over 2% annually since. By 2023, the import value stood at 99.144 Million US Dollars.
Future trends indicate a continuous albeit slow growth, with a forecasted Compound Annual Growth Rate (CAGR) of 1.59% up to 2028, resulting in an overall growth rate of 8.21% over the next five years.
- Observe economic policies affecting trade and imports.
- Monitor technological advancements and their influence on plastic container manufacturing.
- Watch for environmental regulations that may impact the demand and trade of plastic products.
- Stay aware of global supply chain dynamics and possible disruptions.