The import of natural graphite in powder or flakes to Egypt has shown a declining trend from 2018 to 2022. In 2018, the import value stood at 132.23 thousand kilograms and decreased consistently each year, reaching 24.58 thousand kilograms in 2022. The year-on-year variation demonstrates a significant reduction in volume: from 2018 to 2019, it decreased by 21%, from 2019 to 2020 by 26%, from 2020 to 2021 by 34%, and from 2021 to 2022 by 51%. Over the last two years, the average year-on-year decline was around 42.5%. The compound annual growth rate (CAGR) over the last five years was -36% per year.
For 2023, assuming no significant change in external factors, the volume may have continued to trend downward, potentially landing around 19 thousand kilograms. Forecast for 2024 and beyond should consider technological advancements, substitution of natural graphite, economic conditions, and potential policy changes. Future trends to watch for include increased use of synthetic graphite, innovations in alternative energy storage solutions, economic stabilization measures, and potential local production capabilities rising to reduce dependency on imports.
