Forecast: Basic Pharmaceutical Products and Pharmaceutical Preparations Exports to Egypt by Vietnam

The exports of basic pharmaceutical products and pharmaceutical preparations from Vietnam to Egypt exhibited high volatility between 2013 and 2023. The value stood at $28.19 thousand in 2023, reflecting a continuous decrease with only a few periods of growth. The year-on-year variation in 2022 and 2023 was -16.11% and -8.2%, respectively. The last 5-year CAGR was 2.46%, indicating minor average annual growth.

Looking forward, the forecasts show a declining trend, with an expected 5-year CAGR of -9.91% and an overall decrease of around 40.67% by 2028. Close monitoring of market dynamics and emerging health policies in both regions will be crucial to identify potential opportunities or threats impacting this export segment.

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