Based on the forecasted data, the import of coniferous (softwood) lumber to Egypt is expected to steadily increase from $931.6 million in 2024 to $980.33 million in 2028. This forecast shows a consistent year-on-year variation of approximately 1.3% to 1.4%, indicating a stable growth trend over the next five years.
In 2023, the value stood at $920 million. When considering the average compound annual growth rate (CAGR) over the next five years, it is anticipated to be around 1.3%, reflecting a steady demand for lumber imports in Egypt.
Future trends to watch for include fluctuations in global lumber prices, changes in demand driven by construction and real estate developments in Egypt, and potential impacts from economic policy changes or trade agreements. These factors could influence the forecasted growth in lumber imports.
