As of 2023, the import of leather clothing accessories to Egypt stood at $6.43 million USD. The forecasted values for 2024 to 2028 show a consistent year-on-year growth, with imports projected to increase from $6.59 million USD in 2024 to $7.24 million USD in 2028. This indicates a positive growth trend, with annual variations ranging between approximately 2.5% to 2.7% year-on-year. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is estimated to be around 2.5%.
Future trends to watch for include:
- Changes in consumer preferences towards sustainable and eco-friendly leather products.
- Fluctuations in global leather prices affecting import costs.
- Potential trade policy changes that could impact import tariffs and quotas.
- Technological advancements in leather production that could affect quality and cost.