In 2023, the import of composite paper and paperboard to Egypt stood at 0.921 million USD, reflecting a slight year-on-year decrease of 1.42%. This marks a continuation of the largely declining trend seen since 2013. The five-year CAGR, from 2019 to 2023, indicates a minor decrease of 0.24% annually. Analyzing the data more extensively, it's evident that after a peak in 2013, the imports have experienced both rises and declines but portrayed a general declining trend.
From 2024 onwards, forecasted values suggest a gradual decrease, with a five-year CAGR of -1.24% up to 2028, signifying continued but modest contraction. The predicted average annual decline until 2028 paints a cautious picture for the sector.
Future trends to watch for include:
- Potential economic and political factors influencing Egypt's trade policies
- Advancements in local paperboard production that might reduce the need for imports
- Environmental regulations affecting the use and import of composite materials
