Forecast: Basic Pharmaceutical Products and Pharmaceutical Preparations Exports to Egypt by Turkey

The exports of basic pharmaceutical products and pharmaceutical preparations from Turkey to Egypt showed significant fluctuations over the past decade, hitting a high in 2014 followed by a notable decline. As of 2023, the exports stood at 2.4999 million USD, demonstrating a slight decrease of 0.98% from the previous year. The year-on-year growth over the last two years revealed a negative trend, and the five-year CAGR averaged -0.81%, indicating a continued modest decline.

Future trends to watch for:

  • Potential regulatory changes in Egypt or Turkey that could impact pharmaceutical exports
  • Emerging market demand and competitive dynamics in the Egyptian pharmaceutical market
  • Impact of global inflation and currency exchange rates on export values

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