In 2023, the import of Electrical Lighting or Signalling Equipment to Egypt stood at an actual value of 87.5 million USD. Based on forecast data for the years 2024 to 2028, there is a clear trend of steady growth in the imports of such equipment.
Year-on-year growth rates are as follows:
- 2024: 2.57%
- 2025: 2.67%
- 2026: 2.56%
- 2027: 2.44%
- 2028: 2.33%
The compounded annual growth rate (CAGR) over the period from 2023 to 2028 is approximately 2.51%, indicating a consistent and stable increase in imports.
Future trends to watch for include potential changes in government policies affecting import duties, advancements in domestic manufacturing capabilities, and shifts in international trade relations that could impact the supply chain. Additionally, the adoption of smart lighting and signaling solutions may drive further demand for imports.
