The forecasted import of articles of cement, concrete, or artificial stone to Egypt indicates a steady, albeit modest increase over the next five years. For the year 2024, imports are projected to be 1.6944 million USD. This figure is set to grow year-on-year, reaching 1.8078 million USD by 2028. The calculated year-on-year variation percentages suggest moderate growth, while the compound annual growth rate (CAGR) over this period averages around 1.6%. It is important to note that these values are reflective of a positive, consistent uptrend from the 2023 levels.
Future trends to watch for include:
- The impact of macroeconomic factors such as inflation or exchange rates on import prices.
- Potential changes in governmental policies on construction and import regulations.
- Developments in local manufacturing capabilities of cement, concrete, or artificial stone products that might affect import demand.
