Egypt tops the EU sweet potato supplier list for the first time, ahead of the US

Published 2024년 8월 14일

Tridge summary

Egypt has set a new record for sweet potato exports to the EU in the 2023/24 season, surpassing the US as the main supplier. Over an 11-month period, Egypt exported 109 thousand tons, a 45% increase from the previous season and nearly 10 times the amount exported in the 2018/19 season. The Netherlands was the primary market, but other EU countries like Romania, Italy, France, Slovenia, Germany, and Spain also increased their imports. The devaluation of the Egyptian pound and a decline in US production, along with a shift in US farmers to more profitable crops, have contributed to Egypt's increased competitiveness.

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

Original content

Egypt has set a new sweet potato export record to the EU in the 2023/24 season, finally overtaking the US in terms of volumes of supplies in this direction, EastFruit reports. This can be considered a key achievement of Egyptian exporters in the EU market, since the new export record itself seemed like a done deal at the end of last year. Over 11 months of the 2023/24 season (July 2023 – May 2024), Egypt exported 109 thousand tons of sweet potatoes to the EU, setting almost monthly records since August last year! As a result, Egyptian exports to the EU countries exceeded the result of the entire previous season by 45%, and compared to the 2018/19 season, their volumes increased almost 10 times! The Netherlands remained the key sales market for Egyptian sweet potatoes in the EU, although with a smaller share than in previous seasons. In the 2023/24 season, the share of the Netherlands in the structure of Egyptian exports to the EU decreased to 62%, although before that it varied ...

Source: Eastfruit