The import volume of propylene copolymers to Egypt is forecasted to increase steadily from 126.96 million kilograms in 2024 to 146.82 million kilograms by 2028. This represents a compound annual growth rate (CAGR) of around 3.6% over the five-year period. Comparing year-over-year growth, the volume is expected to see a consistent rise of approximately 4% to 4.2% each year.
Despite being at the beginning of 2024, in 2023, the actual volume stood at 122 million kilograms. The forecasted growth indicates a positive trend driven by increasing industrial applications and demand within the country’s manufacturing sector.
Future trends to watch for:
• Technological advancements in polymer production.
• Potential changes in trade policies and tariffs.
• The influence of global oil prices on the cost of raw materials.
• Domestic capacity expansions and new entrants in the market.
