Tridge summary
The article reports a successful start to the Egyptian garlic export season, with high quality and strong demand, particularly from Taiwan, Canada, and Brazil. However, the market is facing competition from India, China, and Spain, and is also dealing with a unique issue where importers are entering the agricultural and horticultural sector to earn foreign exchange, leading to dumping of low-quality products and damaging the crop's reputation and that of Egyptian agri-exporters.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The Egyptian garlic export season is going well, according to statements from several exporters, including Anthony Mina, CEO of E2M. "The season is going well so far. The quality is still very good and the demand is also strong. We benefit from a time of the year when there is not much competition with Egyptian garlic in the same quality segment, so the demand is higher than the offer," Anthony explains the situation. Egyptian exporters are currently competing with India and China, but it is mainly Spanish competition that can cause concern. “Spanish garlic will arrive soon and we will see how the market dynamics develop,” says Anthony. "Demand is strong, especially from Taiwan, Canada and Brazil. Other markets such as Australia, the United States and Jordan are slower than usual," the exporter adds. "Limited supply against strong global demand is driving up prices, price increases are the order of the day." However, the Egyptian garlic season is facing an unexpected problem. "New ...
Source: AGF
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