The historical data on the import of copper sulphates to Egypt from 2013-2023 shows fluctuations with a general upward trend, peaking in recent years. In 2023, the import value stood at 4.6837 million USD. In recent years, there have been notable year-on-year variations: an increase of 4.73% in 2022 and a subsequent 4.43% rise in 2023. The compound annual growth rate (CAGR) over the last five years (2018-2023) is 3.26%, reflecting moderate but steady growth.
Looking ahead, the forecast from 2024-2028 indicates a continuation of this positive trend, with an expected 5-year CAGR of 3.14% and an overall growth rate of 16.71%. Significant increases are anticipated, leading to an import value of 5.721 million USD by 2028.
Future trends to watch for include:
• Potential changes in global copper sulphate prices, which could impact import costs.
• Fluctuations in demand from key industries within Egypt, particularly agriculture and manufacturing.
• Geopolitical developments and trade policies that may affect import regulations and tariffs.
• Technological advancements in copper sulphate production and application that can influence market dynamics.
• Environmental regulations and sustainability initiatives that may alter production and consumption patterns.
