Egypt Anthracite Market Outlook

the egypt anthracite market outlook for 2018 to 2032 is largely optimistic with a steady recovery expected over the coming years. over the past few years, the egyptian anthracite market has been enduring significant headwinds, such as the devaluation of the egyptian pound and a decline in natural gas production. despite this, the fundamentals of the sector are still strong and the outlook for the future is positive. in 2018, the overall anthracite production in egypt declined to its lowest level since 2005 due to the closure of operations at several mines and the intermittent aramex policies adopted by the government. this caused a reduction in the availability of the anthracite ore across egypt. in addition, the egyptian government's new policy of deporting illegal miners has further dampened the prospects for anthracite production in the near future. in response to this, the government has implemented various measures to try and encourage private companies to invest in the anthracite sector. this includes reducing taxes on certain types of anthracite ore and increasing investment subsidies for potential investors. these measures have had a positive impact on the sector, as well as increasing the overall production in egypt. although the market is expected to remain volatile, the outlook for the medium to long-term is positive. in the coming years, the market is expected to benefit from an increased demand for anthracite ore, mainly driven by the rising demand for the fuel in industrial processes. at present, the demand for the ore is mostly met through imports and through the illegal extraction and smuggling of the product. over the next few years, however, the country will also be looking to increase the domestic production of the ore. overall, the egypt anthracite market outlook for 2018 to 2032 is positive and the sector is set to benefit from increased investments and government policies. with a recovery in the sector expected, and the implementation of beneficial measures, the market is expected to continue to have a steady growth in the near future.