Russian market more difficult to access for Egyptian citrus exporters

Published 2022년 12월 7일

Tridge summary

Egypt, the world's largest citrus exporter, has seen a 20% increase in export volumes this season, totaling around 6 million tons. However, the Russian market, which accounts for 30% of the demand, prefer larger sizes, posing a challenge for Egyptian exporters due to a shortage. Additionally, logistical issues and disruptions in trade with Russia from Eastern Europe create further difficulties. Despite these challenges, the high quality and quantity of the Egyptian citrus season are noted. Factors such as the devaluation of the Egyptian pound, which benefits exporters, but increased production costs, remain. Gelila executives are optimistically looking to expand into African markets.

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

Original content

The world's largest citrus exporter, Egypt, has seen a big increase in volumes this season. According to Eslam Gelila, CEO of Egyptian exporter Gelila, the increase was 20% more than last year and a total of about 6 million tons of citrus is ready for export. However, part of this crop is looking for buyers due to circumstances related to the Russian market. According to Eslam Gelila, cultivation in Egypt is affected by a shortage of larger sizes. That in itself is good news, as medium and small sizes are appreciated by most international markets. But... "Knowing that Russian customers prefer large sizes and that Russia accounts for 30% of the demand for Egyptian citrus, we understand that we need to find alternative markets," says Eslam. The second reason is the situation in Eastern Europe, which has seriously disrupted trade with Russia. Eslam explains: "At the moment, only 2 shipping lines between Egypt and Russia are operational, which entails a logistical burden." These ...

Source: AGF