Egypt and Asia in the orange crisis – orange exports blocked by the Houthis

According to EastFruit analysts, the suspension of the movement of container lines along the Red Sea and the Suez Canal due to terrorist attacks on civilian ships by the Yemeni Houthis at the height of the orange harvest season has led to a serious crisis for citrus producers in Egypt. Currently, exporters are urgently looking for alternative routes, and Egyptian gardeners were forced to suspend harvesting oranges, fearing a collapse in prices. Egypt is the third largest exporter of fresh oranges in the world after Spain and South Africa. In addition, it is believed that Egypt exports the most competitively priced citrus fruits. The main orange markets for Egypt are Russia, Saudi Arabia, Bangladesh, the European Union, India, the UAE, Great Britain, China and Malaysia. At the same time, one of the most attractive export markets for Egyptian oranges is currently Asia. Given the situation in the Red Sea, more than a third of all orange exports from Egypt, the most profitable part of ...