The import of Polyvinyl Chloride (PVC) to Egypt showed significant fluctuations from 2013 to 2023, peaking in 2013 at 721.77 million kilograms and hitting a low in 2016 at 143.51 million kilograms. Over the last five years, the import volume increased gradually, standing at 239.4 million kilograms in 2023. The year-on-year variation from 2022 to 2023 was a modest 1.58%, reflecting a stabilized demand. The Compound Annual Growth Rate (CAGR) over the last five years is 0.72%, indicating a slow recovery and stabilization in the import volumes.
Key Growth and Decline Trends:
- Between 2013 and 2014, there was a dramatic drop of 51.97%.
- A continuous decline until 2016, where the volume reached a low point.
- Gradual recovery began in 2017 with a CAGR of 2.7% and continued upwards.
- From 2018 to 2023, the import volumes showed a more stable trend with slight fluctuations.
Future Trends to Watch:
- The five-year CAGR forecast from 2024 to 2028 is projected at 1.25%, with a total growth rate of 6.39% over this period.
- Closer monitoring of political and economic policies that may impact trade and raw material imports.
- Potential changes in global PVC supply and demand dynamics affecting import patterns.
