The dynamism of the orange industry cannot be denied. Exports of the fruit have already reached 1.2 million tonnes at this stage of the season and could increase by another 20% in 2021.
In Egypt, the orange sector continues to develop.
In fact, fruit exports have already reached nearly 1.2 million tonnes for the 2020 campaign, or nearly half of all horticultural shipments in the country. While this level testifies to the good health of the sector, many players are anticipating good prospects for the next season with renewed interest in the fruit.
Indeed, demand for oranges is currently booming in many importing countries due to its beneficial effects in enhancing immunity in the context of the global coronavirus pandemic. Added to this is the weakness of the Egyptian pound, which makes the Egyptian supply more competitive on exports compared to other competitors such as Spain, Turkey and Morocco.
According to Ahmed Ghazy, managing director of the Nile Establishment for International Trade, the land of the pharaohs could notably record a 17-20% increase in orange shipments in 2021.
In 2019, Egypt maintained its position as the world’s leading exporter of oranges ahead of Spain. In the country, fruit cultivation occupies more than 160,000 hectares, or about 80% of the total acreage devoted to citrus.
Source Ecofin Agency