The forecasted number of goods transport wagons in Egypt reveals a steady decline from 2013 to 2023, with the actual value standing at 7.91 thousand in 2023. Over the years, significant annual fluctuations have been observed, such as the 18.65% decrease in 2018 and the modest 3.11% increase in 2019. The average annual decline (CAGR) for the last five years up to 2023 was -1.51%. Looking forward, from 2024 to 2028, the number is expected to continue its downward trend, with an average annual decline of -2.43%, culminating in a forecasted value of 6.78 thousand by 2028, a cumulative decrease of 11.59% over the forecast period.
- In 2013, the number of goods transport wagons was 11.11 thousand, decreasing to 7.91 thousand in 2023.
- Significant annual variations include a 7.43% increase in 2017 and an 18.65% decrease in 2018.
- The five-year CAGR from 2018 to 2023 was -1.51%.
- Forecast from 2024 to 2028 suggests a continued decline with a projected five-year average annual decrease (CAGR) of -2.43%.
Future trends to watch include potential impacts of technological advancements in rail transport, economic reforms, and infrastructure investments which may influence the demand for goods transport wagons and could either mitigate or exacerbate the projected decline.
