A 12% drop, the reason why Egypt's peanut exports decline last year

Published Apr 30, 2021

Tridge summary

Egypt's peanut exports decreased by 12% in the 2019-2020 export season, with the country exporting about 36 thousand tons at a value of $ 56.5 million, compared to $ 64.2 million in the previous season. The Agricultural Crops Export Council has identified issues with improper packing and storage by exporters, leading to six shipments being rejected and threats from the European Union to stop importing Egyptian peanuts due to these violations. A committee has been formed to inspect filling and storage stations to ensure compliance, and exporters are being warned to adhere to requirements such as shipping in well-ventilated containers and under refrigeration.

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

Original content

I wrote - Nermin Ibrahim: Data from the Agricultural Crops Export Council showed that Egypt's exports of peanuts decreased by 12% during the last year 2019-2020, compared to the previous year. According to council data, Egypt exported about 36 thousand tons of peanuts, at a value of about $ 56.5 million, compared to $ 64.2 million during the previous export season. The export season begins in September of each year and ends in August of the following year. Magdy El-Waili, head of the Cereals and Oil Plants Committee of the Agricultural Crops Export Council, said that Egyptian exports of peanuts face a serious problem that may lead to stopping their export. He added to Masrawy that "the threats are caused by wrong behavior by the exporters, related to not observing the implementation of the proper packing and storage mechanism," noting that during the last season, 6 shipments exported to some Arab countries were rejected. Peanut exports represent about 3% of the total export volume ...

Source: EGmasrawy