The import value of furniture, lighting, signs, and prefabricated buildings to Egypt has shown significant fluctuations over the past decade. After reaching a peak in 2015, the import values decreased sharply in 2016 and continued to show variability in subsequent years. The actual import value stood at 336.75 million USD in 2023, with year-on-year growth at 2.01% that year, following a 7.46% rise in 2022.
From 2018 to 2023, the compound annual growth rate (CAGR) suggests a moderate average annual increase of approximately 2.67%. Looking forward, forecasted data for 2024 through to 2028 indicate a gradual upward trend, albeit with a slightly lower forecasted CAGR of 1.56%. The overall five-year projected growth rate stands at 8.03% by 2028.
Future trends to watch for include potential impacts of economic policies, shifts in construction and infrastructure development, and changes in consumer preferences influencing demand for imported furniture and related goods. Additionally, market conditions and geopolitical factors within the region may affect import volumes and values.