Egyptian citrus exports exceed 2 million tons for the first time

Published 2024년 10월 21일

Tridge summary

The Egyptian General Authority for Export and Import Control has reported that the 2023/2024 Egyptian citrus campaign has seen exports surpass 2 million tonnes for the first time, with a total of 2.39 million tonnes exported, including 1.93 million tonnes of oranges and 147,000 tonnes of lemons. Despite this, the value per tonne has dropped from $497 to $474. The Red Sea crisis has led to logistical issues in Asia, resulting in a decrease in exports to certain Asian countries, although demand in Europe has increased. The Netherlands, Russia, and Saudi Arabia continue to be the top importers, absoring 760,000 tonnes of Egyptian oranges in 2023/2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Egyptian General Authority for Export and Import Control recently published the official results of the 2023/2024 Egyptian citrus campaign. For the first time, export volumes have surpassed the 2 million tonne mark, while prices have declined. Eslam Gelila, CEO of Gelila, comments on the figures. 2.3 million tonnes exported, worth $1.1 billion Citrus export volumes reached 2,391,145 tonnes, including 1.93 million tonnes of oranges, and 147,000 tonnes of lemons, an increase of 21% compared to the 2022/2023 campaign. “This is another historic production for the Egyptian citrus sector. We were able to achieve this record volume thanks to a massive increase in production, of around 25% compared to the 2022/2023 campaign, and the constant growth in global demand,” says Gelila. As expected, export values did not increase at the same rate as volumes, falling from $0.9 to $1.1 billion, representing a drop in value per tonne from $497 to $474. “The season would have been much better if ...

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