The Vegetable and Fruits Division explains the reasons for the decline in tomato prices in Egypt

Published 2024년 11월 11일

Tridge summary

Egypt is experiencing a boost in its agricultural sector, particularly with the harvest of the Nile crop of tomatoes, leading to a decrease in prices. The country's tomato exports ranked ninth with a total of 37,146 thousand tons, contributing to an increase in agricultural exports by $1 billion from the previous year, reaching $4.1 billion. The total area planted with tomatoes is approximately 520 thousand acres, and they are grown in various governorates using greenhouses for increased productivity. The government is also coordinating with the World Food Program to establish solar sawmills to dry tomatoes for export to European markets, aiming to provide job opportunities.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Hatem El-Nagib, Vice President of the Vegetables and Fruits Division at the Federation of Egyptian Chambers of Commerce, said in a statement to "Akhbar El-Youm Gate" that we are now at the beginning of introducing the Nile crop of tomatoes, which has led to an increase in supply in the markets and consequently a decrease in the price of tomatoes, noting that Egypt is currently witnessing a major agricultural boom through the expansion of the agricultural projects that it has implemented. The head of the Vegetables Division added that in the coming few days, potato prices will also decrease because the crop has been harvested in Alexandria, noting that all vegetable and fruit prices in the markets are low and within the reach of all citizens. It is worth noting that Egypt's tomato exports ranked ninth with a total of 37,146 thousand tons out of the total exports that amounted to 7.1 million tons. Egypt's agricultural exports amounted to about $4.1 billion, an increase of $1 billion ...
Source: Akhbarelyom

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