Based on the provided forecast data, the import volume of thin sheets (voiles) of glass fibres to Egypt is projected to decrease steadily from 2024 to 2028. In 2023, the actual import value stood at 269.34 thousand kilograms. The forecast data indicates a year-on-year percentage decrease in imports, with variations as follows:
Variations:
- 2024: -2.41%
- 2025: -2.73%
- 2026: -2.74%
- 2027: -2.76%
- 2028: -2.79%
For the period between 2024 and 2028, the compounded annual growth rate (CAGR) calculates to an average annual decline of approximately -2.69%.
Future trends to watch for include potential changes in local manufacturing capabilities, shifts in international trade policies, and advancements in alternative materials that might impact the demand for imported glass fibre products in Egypt.
