Egypt

Egypt witnessed a surge in travel flows over 2023 as the country continued its post-pandemic recovery and international tourists returned. The positive trend continues in 2024 with Egypt on track to receive an impressive 16.2 million tourists aided…

Tourism flows in Egypt continue to rise steadily in 2024, despite regional geopolitical tensions, following several years of strong recovery from the COVID-19 pandemic. Inbound arrivals fully recovered to pre-pandemic levels in 2023 and continue to…

As tourism flows continue to grow, the demand for unique lodging experiences is growing in Egypt. Travellers are looking for better quality options, which is driving the development of luxury hotels, such as Steigenberger Alcazar, Adrere Amellal…

The travel booking sector is supported by a series of consumers and trade marketing campaigns, spearheaded by the government. The Ministry of Tourism has recently announced its participation in the 44th edition of the World Travel Market (WTM) London…

Egypt's national airline carrier, EgyptAir Co, is to undergo restructuring due to the company’s weak financial performance and falling levels of service. Focus will be placed on regular safety and security assessments, as well as offering improved…

Port Said and Suez are Egypt’s most economically vibrant cities. Moreover, Suez holds the highest potential for future economic expansion due to expected GDP growth. However, challenges for the country’s cities will persist in the near term due to…

Yogurt and sour milk products face a challenging year in 2024 where volume sales have declined sharply following several years of solid performance. Current value growth reached into the high double-digits on the back of price increases which…

Despite its small size, plant-based dairy in Egypt has not been immune to the price inflation seen in most other categories. The increase in prices of imported raw materials like nuts and milk, and the lack of foreign currency, in addition to high…

Other dairy market faced significant challenges in 2024, particularly with the substantial prices increase of dairy products like milk. This increase was driven by factors such as higher costs of raw materials, including powder milk which is often…

Drinking milk products in Egypt is set to witness volume decline over 2024, following the sharp increase in milk prices in the first quarter of 2024. With local production unable to meet domestic demand, the reliance on imports is crucial in drinking…

Dairy products and alternatives in Egypt witnessed a challenging year in 2024 with retail volume sales moving into decline. The cost of living has tripled in the past two years effectively ramping up the financial challenges for consumers and forcing…

Cheese in Egypt is experiencing modest growth in volume terms, whilst the surge in current value growth is primarily attributed to soaring prices. Most of the hard cheeses sold in Egypt are imported leaving players vulnerable to the currency…

Butter and spreads in Egypt remain challenged by high prices in 2024, although there was a slight recovery in volume growth after several years of decline. Current value growth remains extremely high, as was the case in 2023, due to the significant…

The surge in baby food prices at the beginning of 2024 was caused by a severe shortage of foreign currency and the depreciation of the local currency against the US Dollar. In March 2024, the Egyptian pound was devalued pushing the official exchange…

In 2024, retail sales of wearable electronics in Egypt look set to record a modest increase in volume terms. However, the sales volume of digital activity watches continues to decline in 2024. This decline can be attributed to several factors. Import…

Despite the ongoing popularity of wireless speakers in Egypt, their sales volume continued to decline in 2024 due to persistent import restrictions. The demand for wireless speakers remains strong, yet the market is experiencing a significant…

Mobile phones in Egypt faced a sharp decline in sales volume, with a significant drop in 2023, followed by an additional decline in the first half of 2024. This continued downturn is primarily due to ongoing import restrictions and high inflation…

In 2024, volume sales of in-car entertainment in Egypt look set to record growth. The demand for in-car navigation systems with satellite capabilities has sharply declined, however, leading to their complete absence from the market. This decline is…

The sales volume for digital cameras in Egypt continues its sharp decline in 2024. The Egyptian currency has depreciated further against the USD, leading to a corresponding increase in the prices of imported digital cameras. Coupled with a…

The sales volume of LCD TVs in Egypt experienced modest growth in the first half of 2024, following a slight decline in 2023. This growth is largely attributed to the organic population increase and growing demand. During 2022, there was an…