In 2023, the value of parts of footwear imports to Egypt stood at 13.784 million USD. Notably, the forecasts predict an increase year-on-year, with import values projected at 14.491 million USD for 2024, showing a 5.1% rise from the previous year. The trend continues upward at a steady pace of approximately 3.6% from 2024 to 2025, reaching 15.016 million USD. Similar incremental growth is noted each subsequent year, with 2026 forecasted at 15.53 million USD (3.4%), 2027 at 16.034 million USD (3.3%), and 2028 at 16.528 million USD (3.1%). Over the five-year period, the compound annual growth rate (CAGR) is approximately 3.7%.
Future trends to watch for include shifts in global supply chain dynamics, potential trade agreements, and currency fluctuations affecting import costs, as well as technological advancements in footwear manufacturing that may influence the demand for imported parts.
