The import of webs, mattresses, and other nonwoven fibreglass products to Egypt displayed fluctuating trends between 2013 and 2023. In 2023, the import value was 979.26 thousand kilograms. Over the last two years, the year-on-year variations have been minimal, recording a 0.38% increase in 2022 and a 0.37% increase in 2023. The compound annual growth rate (CAGR) over the last five years is -1.84%, pointing to an overall slight decline.
However, the forecasted data from 2024 to 2028 shows a stabilization and gradual increment in imports. The forecasted five-year CAGR is 0.3%, with a total growth rate of 1.51% over the period, indicating a modest growth trend.
- Low volatility in imports from 2021 onward with minor year-on-year changes.
- Positive growth expectations are indicated by forecast data, with slight annual increases each year.
- Stabilization in the fiber glass product market import to Egypt expected from 2024 to 2028.
Future trends to watch for include impacts from global supply chain disruptions, emerging trade policies, technological advancements in nonwoven fiberglass product manufacturing, and shifts in domestic production capacities which might influence import needs.
