The analysis of ores and metals imports in Egypt shows a fluctuating trend from 2013 to 2023. In 2023, the import value stood at 6.43 units of goods. The last two years reported a year-on-year decrease of 5.97% in 2023 and 1.27% in 2022. The last five years exhibit a CAGR of 4.77%, suggesting moderate yearly growth.
From 2013 to 2023:
- A significant drop was observed in 2015 with a year-on-year decrease of 31.02%.
- Notable spikes include a 46.46% increase in 2017 and a 41.12% rise in 2021.
- The period concluded with a relatively steady decline in recent years.
Future trends to watch include a forecasted modest growth with a 5-year CAGR of 0.61%, indicating stable but slow increments. Increasing global demand, potential economic changes, and geopolitical factors will significantly influence these trends going forward.