The import of machines for public works and building into Egypt witnessed significant fluctuations from 2013 to 2023. In 2013, the value stood at 19.47 million USD, peaking at 22.735 million USD in 2014, then seeing drops and rises, eventually reaching 21.007 million USD in 2023. Year-on-year changes show a broad variation, with peaks and troughs, ranging from -20.19% in 2016 to an increase of 42.8% in 2018. The five-year CAGR, calculated from 2019 to 2023, is moderate at 1.81%, indicating relatively steady growth.
Future trends to watch for:
- Forecasts from 2024 to 2028 predict steady growth in imports, with a projected 2028 value of 23.95 million USD.
- The forecasted five-year CAGR stands at 2.06%, reflecting consistent but modest annual growth.
- The overall forecasted growth rate for the next five years is 10.75%, suggesting a positive trend in the import of these machines.
