Egypt: Vegetable Division confirms a decrease in potato prices due to an increase in supply

Published 2024년 12월 24일

Tridge summary

Retail potato prices have dropped due to an increase in supply in the Egyptian markets. The decline is expected to be mirrored in the prices of other vegetables like tomatoes, peppers, and eggplant. The current supply is from the Nile season's harvest in several governorates. There's been a surge in Egyptian potato exports, reaching 982,072 tons this year, with Myanmar markets recently opening to them. The Agricultural Quarantine has introduced a new coding system that tracks export shipments in real-time using GPS until they reach the importing country. It also ensures the implementation of good agricultural practices in export farms and monitors citrus exports for pesticide residues and heavy elements.

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Original content

Potato prices have witnessed a noticeable decline in retail markets over the past few days. For his part, Hatem El-Nagib, head of the Vegetable Traders Division at the Chamber of Commerce, confirmed in a statement to "Akhbar El-Youm Gate" that the decline in potato prices during this period is normal due to the increase in supply in the markets, noting that many types of vegetables will also witness a decline, including tomatoes, peppers and eggplant. He explained that potatoes are grown in Egypt in three seasons and that what is currently being traded in the markets is the harvest of the Nile season in several governorates, including Minya, Dakahlia, Beheira and Menoufia. It is worth noting that Myanmar markets were recently opened to Egyptian potato exports, in addition to the fact that our total exports this year amounted to about 982,072 tons for the first time. The Agricultural Quarantine also implemented a new coding system that includes tracking all Egyptian export ...

Source: Akhbarelyom