ORWE | Oriental Weavers: A Play on Egypt's recovering Consumer Spending

The local carpet industry is dominated by Oriental Weavers Carpet, capturing c.80% market share. Growth potential is attributable to a sizable and growing (2.5% annually) population with favorable demographics. However, the competition in the local market is fierce especially when it comes to Tirkish imports. Currently, the Egyptian government is investigating the impact of importer machine-made carpets int the local industry and is considering applying anti-dumping fees on Turkich imports.


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