The import of unmanufactured tobacco to Egypt has shown significant fluctuations over the years, with notable peaks in 2015 and 2018. The value stood at 76.867 million USD in 2013, escalating dramatically by 108.04% in 2015, before stabilizing in subsequent years with smaller variations. By 2023, the value reached 176.12 million USD. Over the last two years, the year-on-year variations have been modest, at 2.27% in 2022 and 2.18% in 2023. The CAGR since 2018 stands at approximately -0.69%, reflecting some volatility but a general trend towards stabilization.
Looking ahead, the forecast indicates a gradual increase in the import value, with a 5-year CAGR projection of 1.66%, reaching 195.71 million USD by 2028. This represents a forecasted 8.59% growth over the next five years.
Future trends to watch for:
- Global tobacco supply chain disruptions and their impact on import volumes and costs.
- Regulatory changes within Egypt that could impact tobacco importation.
- Shifts in consumer demand for tobacco products, influenced by health trends and economic conditions.
