Forecast: Import of Machinery for Paper Pulp, Paper, Paperboard Making to Egypt

The import of machinery for paper pulp, paper, and paperboard making to Egypt has shown significant fluctuations between 2013 and 2023. In 2013, the value stood at $16.373 million with a notable decline of -8.24% year-on-year. However, by 2017, imports increased sharply and reached $43.93 million, reflecting a 67.31% year-on-year jump. Following highs and lows, the import value in 2023 reached $44.656 million, marking a growth of 3.51% compared to the previous year. Over the last 5 years, the compound annual growth rate (CAGR) shows a positive trend of 4.82%.

Looking towards the future, the forecast indicates a modest but steady increase in imports, reaching $52.559 million by 2028, driven by a 5-year CAGR of 2.56%. This suggests a forecasted growth rate of 13.48% from 2024 to 2028.

Future Trends to Watch For:

  • Continuous modernization and expansion of the paper and paperboard industry in Egypt.
  • Potential impacts of economic policies and global trade relations on import capabilities.
  • Technological advancements and innovation in machinery affecting purchasing patterns.
  • Environmental regulations influencing investment in more sustainable machinery.