Over the past decade, the value of glass container imports for packing or conveying goods to Egypt has exhibited fluctuating trends. From 2013 to 2020, imports showed varying year-on-year changes, with notable declines in 2016 and 2020 followed by strong recoveries in 2021. In 2023, imports stood at $24.36 million, representing a 2.13% increase from 2022. The average annual growth rate (CAGR) over the last five years leading up to 2023 was 2.5%.
Looking ahead, forecasted data suggest continued growth, with imports projected to reach $27.045 million by 2028, reflecting a moderate CAGR of 1.62%. This indicates a steady but modest upward trend in the import of glass containers over the coming years.
Future trends to watch for include potential shifts in demand due to economic, regulatory, or environmental factors, as well as technological advances in recycling and glass manufacturing that could impact import volumes.