Commercial representation: growth opportunities for exports of Egyptian olives, olive oil, frozen artichokes, pepper, and beet molasses to Spain

Published 2020년 12월 10일

Tridge summary

Second Commercial Secretary Walid Ramadan sees potential for growth in food industry exports to Spain, particularly olive oil, due to US sanctions and a quota limit on EU olive exports. Other potential exports include food industry residues, juices, frozen artichokes, and canned olives. Egyptian sugar factories can also export these residues. The Spanish market prefers products packaged under supermarket brands, and consumers spend a significant amount of income on food and drink, providing opportunities for Egyptian beverage exports. Ramadan also noted that e-commerce sales in Spain are low and suggested that supplying products to hypermarkets could increase the presence of Egyptian products in the Spanish market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Second Commercial Secretary Walid Ramadan, Head of the Commercial Representation Office in Spain, said that there are many export opportunities in the food industry sector for the Spanish market, which helps the growth of exports to it. This came during the symposium organized by the Export Council for Food Industries under the title “Opportunities for the development of exports of food industries. Spain, in cooperation with the agency. He explained that the most important products that have a great opportunity for growth for the Spanish market in light of the high demand for them, olive oil, especially in light of the sanctions imposed from the United States of America on its imports of olive oil of Spanish origin, ranging between 25-30 % Additional customs duties instead of 3 cents per kilo. Ramadan added that Spain and America have turned to import from many countries to search for another source of olives, reprocess them and export them again, as they are imported from Tunisia ...
Source: Amwalalghad

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