Egypt’s Exports of Citrus Attained EGP588 mln in Jan 2013

In January 2013, the citrus exports recorded EGP 588 million, rose by 41% from a year before, which recorded EGP 415 million.

This export value of citrus helped in increasing the exports of agricultural crops to EGP 1.5 billion in January rose by 79%; compared to EGP 849 million in January 2012.

The increase of the citrus exports’ rates resulted in raising the prices in the local market; ranging between 25-50%, pursuant o the data of the fruit and vegetables prices in the Aboor market. The traders expected the continuity of increasing the citrus’ prices; particularly the oranges and tangerines, in the coming period. This increase is impacted by the increasing global demand on Egypt’s citrus; especially the Russian one.

Magdi Al Waliliy, Member in the Agricultural Export Council (AEC), told “Amwal Al Ghad” that the council is getting ready to take part in a number of international specialized conventions; in an attempt to to keep the high export rates that the agriculture crops recorded at the beginning of 2013. He referred that this hike is a positive step in achieving the targeted export rates by the end of 2013; which reach EGP 13.6 billion, according to the data of the Egyptian Ministry of Industry and Foreign Trade.