The import of machinery for making paper or paperboard to Egypt witnessed a fluctuating trend over the years. In 2023, the value stood at $4.7513 million USD. From 2013 to 2023, the market saw significant volatility with several peaks and troughs, indicating inconsistent demand and possible external influences such as economic conditions and industrial needs. Notably, there was a significant increase in 2016 and subsequent declines and recoveries in the following years, depicting cyclical patterns.
- From 2021 to 2022, the year-on-year variation was 2.53%, with the CAGR over the last 5 years being 1.66%.
- The forecast for 2024 and beyond suggests a steady increase, reaching $5.3382 million USD by 2028. The forecasted 5-year CAGR is 1.83%, indicating a moderate growth rate.
Future trends to watch for include the impact of technological advancements in machinery, changes in industrial demand, and economic factors such as currency fluctuations and trade policies. The trend towards sustainability and eco-friendly practices may also drive changes in the type and quantity of machinery imports.
