The export of chemicals and chemical products from Egypt to Tunisia saw notable fluctuations over the past decade, starting at $53.386 million in 2013 and reaching $60.897 million in 2023. The year-on-year variations highlight significant volatility with the most pronounced dip occurring in 2016 at -8.92%, rebounding strongly in 2017 with a 30.32% increase. The past two years showed stability with rises of 8.71% in 2022 and 3.11% in 2023. The compound annual growth rate (CAGR) over the last five years stands at 3.65%.
Future trends show a steady growth forecast, anticipating an increase from $62.71 million in 2024 to $70.318 million in 2028. The projected 5-year CAGR is 2.32%, with an overall growth rate of 12.13% over the same period.
Trends to watch for future development:
- Global economic conditions impacting demand for chemical products.
- Trade policies and agreements between Egypt and Tunisia.
- Technological advancements and innovations in chemical manufacturing.
- Regulatory changes in environmental and safety standards.
