Forecast: Receipts for Passenger Transport Items from International Tourists in Egypt

Receipts from international tourists for passenger transport in Egypt have experienced significant fluctuations over the years. From 2012, the values showed notable variability with major declines in 2013 (-20.72%) and 2016 (-20.55%). The period from 2017 to 2019 saw a recovery with strong year-on-year growth, culminating in a peak in 2019. However, 2020 saw a dramatic downturn (-61.17%) likely due to the COVID-19 pandemic. Subsequent years showed partial recovery but the values remained below pre-pandemic levels.

As of 2023, the receipts stood at $710.82 million USD. The last two years revealed a minor positive trend with slight year-on-year variations, +3.61% in 2022 and +5.21% in 2023.

Future trends to watch for include:

  • Post-pandemic recovery pace and tourism industry rebounds.
  • Impact of global economic conditions and geopolitical stability.
  • Governmental policies and investments in tourism infrastructure.

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