Egypt: continuing growth of orange exports
A recent report from the American Department of Agriculture (USDA) reveals that for the 2018/19 campaign, based on the growing demand for Egyptian oranges, there is to be an increase of 5.1% of cultivated land and a 9.6% increase in the country’s production.
The prices of Egyptian oranges on the international market are more competitive than those of other global suppliers due to the devaluation of the Egyptian currency, an increase in production, the major demographic growth and strong exports.
Total exports, therefore, should increase by 7% or by 110.000 tons to reach 1.650 million tons, and it is very likely that Egypt will remain as the sixth top producer of oranges and the first or second major exporter of dried fruit in the world, according to Spanish performance for the year 2018/19.
Russia, Saudi Arabia. The Netherlands and China will probably remain as the main destination for imports.
In the 2017/18 campaign, Russia, Saudi Arabia, the Netherlands, China, the United Arab Emirates, India, the United Kingdom, Bangladesh and the Ukraine were the top ten destinations for exports of the Egyptian product, and Russia and Saudi Arabia have continued to absorb roughly 33% of the country’s total exports.
In the 2017/18 season, the export of Egyptian oranges increased to India, Vietnam and Canada.
Furthermore, the export of citrus fruits to China should increase particularly following the duties imposed on the import of fresh fruit from the USA, which will open new opportunities for Egyptian products.
Source: Fresh Plaza