Forecast: Import of Warp Knit Fabric of Manmade Fibres to Egypt

The import of warp knit fabric of manmade fibres to Egypt has seen significant fluctuations over the years. In 2013, the value stood at 108.16 thousand USD, declining dramatically by 71.65%. This trend reversed in 2014 when there was a colossal increase of 666.66% in imports. However, the subsequent years saw a general downward trend, particularly notable in 2016 and 2017, dropping by 82.36% and 75.54%, respectively. The market experienced a recovery in 2018, with imports soaring by 974.8%, but the overall trend from 2019 onwards remained downward.

As of 2023, the import value was 134.52 thousand USD. The year-on-year variation from 2022 to 2023 was -7.53%. Analyzing the data over the last five years reveals a compound annual growth rate (CAGR) of -11.48%.

Looking forward, the forecast from 2024 to 2028 indicates a continuous decline. The five-year CAGR for this period is projected to be -8.79%, with an expected overall decrease of 36.88% by 2028.

Future trends to watch for include:

  • Economic fluctuations in Egypt that could impact import value.
  • Potential shifts in trade policies or tariffs affecting import dynamics.
  • Technological advancements in local textile production which may reduce dependence on imports.
  • Global market trends influencing the availability and pricing of warp-knit fabrics.

Top Countries about Fabric