Indian Government's Onion Export Restrictions Opened Opportunity for Increased Imports from Egypt
Fresh Onion
Egypt
India
Emerging Market Opportunities
Regulation & Compliances
Sahar Ezzat
Published Dec 1, 2023
The Indian government has implemented a Minimum Export Price (MEP) of USD 800 per metric ton (mt) or 0.80 per kilogram (INR 67/kg) on onion exports, creating a favorable opportunity for importing larger quantities from Egypt. Egypt is known for producing high-quality onions for their excellent flavor, nutritional value, and competitive pricing. Additionally, Egypt has established trade agreements with various countries, further enhancing its attractiveness as a potential source for onion imports during this period of Indian export restrictions. This strategic move could potentially address the onion supply needs efficiently while taking advantage of Egypt's strong position in the global onion market.
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