The import of furniture parts to Egypt has demonstrated fluctuating growth over the past several years. From 2013 to 2017, imports saw significant volatility with peaks and troughs, culminating in a notable decline in 2017. The period from 2018 onwards displayed more stability and consistent growth, with gradual increases in import volumes from 2020 onwards. Notably, the year-on-year variation for 2023 stood at 3.28% with imports reaching 1.578 million kilograms. Over the last two years, the growth rate was modest with the last five-year CAGR at 2.41%.
Looking forward, the forecast from 2024 to 2028 indicates a steady increase in the import volume of furniture parts, with a forecasted five-year CAGR of 2.42% and an overall growth rate of 12.67% expected by 2028.
Future trends to watch for include potential impacts from global supply chain disruptions, shifts in trade policies, and domestic economic conditions that could influence import volumes. Additionally, technological advancements in furniture manufacturing and trends towards recyclable or sustainable materials may also affect future import dynamics.