The import of petroleum gases and other gaseous hydrocarbons to Egypt has seen fluctuating trends. From 2013 to 2015, there was a significant variation with a sharp decline in 2014 and a substantial increase in 2015. The period from 2016 to 2017 saw continued growth, peaking before declining sharply again in 2018. This was followed by steady improvements from 2019 onwards with slight fluctuations up to 2023, where the import value stood at $3.2778 billion USD.
During the last two years, the import values exhibited incremental growth: an 8.69% increase in 2022 and a modest 3.09% rise in 2023. From 2018 to 2023, the Compound Annual Growth Rate (CAGR) was 6.25%.
The forecasted period from 2024 to 2028 indicates a steady increase in import values with a 5-year CAGR of 2.3%, reflecting a 12.07% growth over this interval. Key future trends to watch for include advancements in local energy production, global energy price volatility, and potential shifts in energy policy which may impact import demands.
