On-the-Ground Updates

Egyptian Government Extends Red Onion Export Ban to Counter Rising Domestic Prices

Fresh Onion
Egypt
Regulation & Compliances
Mahmoud Beshr
Published Dec 17, 2023
The Egyptian government has extended the ban on red onion exports until March 30, 2024, in response to surging onion prices, reaching USD 1.29 per kilogram (kg) due to high export demand. The objective is to stabilize the domestic market, ensuring a consistent and affordable supply of red onions for local consumers. The decision underscores the government's commitment to mitigating the impact of rising prices, safeguarding public interests, and maintaining economic stability.
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