Egypt sets record exports of oranges to Canada, displacing Spanish and Moroccan rivals

Published 2024년 5월 30일

Tridge summary

Egypt has seen a significant increase in orange exports to Canada, recording 9 thousand tons in the first quarter of 2024, a major achievement and a record for the year, surpassing the entire year's export of 7.6 thousand tons in 2023. This growth positions Egypt as a potential third-largest supplier of oranges to Canada, following the USA and South Africa, as imports from traditional suppliers Spain and Morocco have seen a decline. Egypt's success is largely due to competitive pricing, but in order to maintain and grow its market share, the country must focus on other aspects of successful sales. Canada, being the world's fourteenth largest importer of oranges, presents an opportunity for high-priced citrus fruit sales, offering potential for further growth for Egyptian suppliers.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Egypt continues to actively develop new export directions for its fruits and vegetables, significantly changing the conditions of such new markets. Thus, only in the first three months of this year, the export of oranges from Egypt to Canada exceeded the figure for the entire year 2023, setting a new record for supplies to this market, EastFruit reports. In January-March 2024, Canadian importers imported 9 thousand tons of oranges from Egypt into the country, while in the same period of the previous year - a little more than 3.5 thousand tons. Moreover, the volume of imports of these products from Egypt for the entire 2023 amounted to only 7.6 thousand tons, and given that Egyptian oranges are usually present in Canada until June, the final result for the entire current year may well be even more significant . Read also: Egypt more than doubles fruit and vegetable exports to Canada in 2023 “Canada is the fourteenth largest importer of oranges in the world and, along with Brazil, ...

Source: Eastfruit