Import of Copper Bars, Rods and Profiles to Egypt stood at 23.823 Million US Dollars in 2023. Over the past decade, there was significant fluctuation, with a peak in 2018 at 28.687 Million US Dollars. The imports faced a notable drop in 2020, followed by a minor recovery in 2021. The forecast data from 2024 onwards indicates a gradual decline, with an expected value of 20.721 Million US Dollars by 2028. A year-on-year decrease is ongoing, and the 5-year CAGR suggests an average annual decline of 2.21%.
Future trends to watch for:
- Monitoring global copper prices and supply chain disruptions.
- Economic policies in Egypt that might affect import tariffs.
- Developments in domestic production capabilities.
- Potential shifts towards alternative materials in manufacturing industries.
