Based on the provided data, the import of footwear with uppers of textile materials to Egypt stood at $24.995 million USD in 2024, marking the beginning of this forecast period. The trend shows a steady increase each year, rising to $28.67 million USD by 2028. Significant year-on-year growth rates include a 3.78% increase from 2024 to 2025, a 3.58% increase from 2025 to 2026, a 3.39% increase from 2026 to 2027, and a final 3.20% increase from 2027 to 2028. Calculating the Compound Annual Growth Rate (CAGR) over this period shows an average annual increase of approximately 3.49%.
For future trends, it will be crucial to monitor several factors that could impact these forecasts:
- Changes in trade policies or tariffs affecting imports of textile materials.
- Consumer demand in Egypt for footwear, driven by economic conditions and fashion trends.
- Shifts in manufacturing costs or supply chain disruptions.
- The impact of any technological advancements in textile materials and footwear production.