Forecast: Ores and Metals Exports in Egypt

Egypt's ores and metals exports have shown fluctuating performance over the past decade. From a high in 2013, values have generally trended downwards with significant year-on-year declines, particularly in 2014 (-17.49%) and 2022 (-20.79%). However, sporadic growth periods such as 2015 (8.19%) and 2020 (11.51%) have provided temporary relief, with a minor improvement in 2023 (3.59%). On average, the last five years saw a CAGR of -5.48%, marking a consistent decline in export values.

Looking ahead, projections indicate stabilized, albeit modest, growth with a five-year CAGR forecast of 0.26% from 2024 to 2028. The export value in 2023 stood at 2.97 units. Despite the general decline, the next five years are expected to see a minor growth of 1.33%.

Future trends to watch for include:

• Global demand for ores and metals, especially from developing economies.
• Policy changes in Egypt related to mining and export duties.
• Technological advancements in extraction and processing methods.
• Global market conditions and commodity prices.
• Environmental regulations impacting mining operations.