The import of Glass-Ceramic Ware for Table Kitchen to Egypt has shown considerable volatility over the past decade. Starting at 7.7997 million USD in 2013, it experienced significant fluctuations, peaking at 16.761 million USD in 2018, before stabilizing around the 18 to 19 million USD mark between 2022 and 2023. As of 2023, the value stood at 18.878 million USD. This corresponds to a year-on-year growth of 4.19% from 2022 to 2023 and an average annual growth (CAGR) of 2.99% over the past five years.
Looking forward, the forecast indicates continued steady growth with the import value projected to reach 22.84 million USD by 2028. This represents a forecasted five-year CAGR of 2.99% and a five-year growth rate of 15.88%. The import demand for these goods is driven by the increasing domestic market need, influenced by population growth and rising disposable income.
Future trends to watch for include potential impacts of economic policy changes, trade agreements, and technological advancements in the production of glass-ceramic ware. Additionally, fluctuating currency exchange rates and potential shifts in consumer preferences could also play a significant role in the import dynamics.
