Egypt accounts for 25% of the world's bee honey exports

Published 2023년 5월 21일

Tridge summary

The Egyptian Insurance Federation has highlighted Egypt's dominant role in the global bee export market, with over 25% share and an annual beehive population of two million cells. The federation's mission is to enhance and develop the Egyptian insurance sector by introducing innovative global insurance products. This initiative aims to meet the diverse insurance needs of beekeepers, who face risks such as injuries, honey product defects, diseases, parasites, pesticide exposure, transportation challenges, low winter survival rates, and fluctuating honey market prices. The Egyptian Insurance Federation emphasizes the importance of insurance in mitigating these risks and increasing awareness of the benefits among beekeepers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Egyptian Insurance Federation said that Egypt accounts for more than 25% of bee exports in the world, and Egypt’s wealth of beehives reached 2 million cells annually, and the Insurance Federation always seeks to support and develop the Egyptian insurance market, by trying to inform the market of global developments and modern global trends. With regard to modern insurance products that are unfamiliar all over the world, some of which may be applied in the Egyptian market, which represents an important attraction factor for some types of customers. The Egyptian Insurance Federation stated that it is based on the belief of some insurance companies in the necessity of responding to the customer’s requests and providing him with the coverage that suits his needs, in addition to the role that the Egyptian Insurance Federation plays in increasing insurance awareness for workers in this sector and encouraging them towards adopting the same global approach in the innovation process ...
Source: Almalnews

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.