Egypt: Estimates of a 50% decline in Yamish product sales this year

Published 2023년 3월 26일

Tridge summary

The sales of yamish, which is a term for dried fruits and nuts, are seeing a significant decrease of up to 50% in Ramadan products this year compared to the previous year. This is due to increased prices of local and imported items such as apricots, Qamar El-Din, persimmons, and Iranian raisins. The prices of dates, on the other hand, have remained reasonable and the product is experiencing some popularity in the market. The high prices and lack of demand have resulted in about 60% of merchants refraining from entering the yamish trade in the last two years. Despite the decline in sales, yamish products are still being sold through consumer complexes, Welcome Ramadan exhibitions, companies, malls, and other outlets.

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

Original content

A number of members of the Grain and Grain Division of the Alexandria Chamber of Commerce confirmed that the sales of yamish are witnessing noticeable declines in the markets of Ramadan products this year compared to last year, attributing this to some reasons, including noticeable increases in many local and imported items. Some estimated the rates of decline in sales of Yamish products and goods for the month of Ramadan at large levels of up to 50%, at least, compared to last year. While some members of the Board of Directors of the Cereals and Grain Division of the Alexandria Chamber of Commerce stressed that some types of Yamish products are witnessing some popularity in the market, compared to Yamish’s sales of the rest of the other items, in which sales are halted and decreased. Members of the Grain and Grain Division of the Alexandria Chamber of Commerce indicated that there is a percentage of merchants who have been reluctant to enter into the yamish trade in the last two ...

Source: Almalnews