The forecast for the import of polypropylene to Egypt shows a steady increase from 2024 to 2028. Starting with a value of $547.02 million in 2024, it is anticipated to grow to $614.88 million by 2028. Historical data from 2023 indicates that imports stood at $530 million. The year-on-year variations show consistent growth rates: 3.4% (2024), 3.2% (2025), 3.0% (2026), 2.9% (2027), and 2.7% (2028). These trends suggest a compounded annual growth rate (CAGR) of approximately 2.9% over the forecast period.
Future trends to watch for include potential fluctuations in global oil prices, as polypropylene is a petroleum derivative, as well as any developments in domestic polypropylene production capacity in Egypt, which could impact import levels. Additionally, changes in trade policies and international relations could further influence import dynamics.
