The export volume of Polyvinyl Chloride (PVC) from Egypt has shown a trend of fluctuations from 2013 to 2023, with a significant drop in 2016 and various ups and downs in subsequent years. In 2023, the export volume stood at 111.92 million kilograms, representing a Year-on-Year (YoY) increase of 4.07%. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) is 2.37%, indicating moderate overall growth.
Key trends observed over the past years include a dramatic increase in exports between 2016 and 2017, followed by a steady rise through 2018, peaking at significant values in recent years while experiencing slight deviations.
Looking forward, the forecasted data points towards a consistent upward trajectory in PVC exports from 2024 to 2028. The expected CAGR over the next five years is 2.94%, projecting a 15.57% overall growth by 2028.
Future trends to watch for include:
- Advancements in Egypt's production capabilities and capacity increases.
- Changes in global demand for PVC due to evolving industrial applications and environmental regulations.
- Economic policies and trade agreements that may influence export dynamics.
- Fluctuations in raw material availability and price, affecting production and export volumes.
