Egypt: A big jump in the prices of cumin and black pepper within two months
Cumin Seed
Published Jan 4, 2024
Tridge summary
Magdy Tawfiq, Vice President of the Herbalism Division at the Cairo Chamber of Commerce, reported that the prices of cumin and black pepper have significantly increased in Egyptian markets due to limited supply both locally and globally, as well as the high price of the dollar on the black market. The price of a kilo of cumin rose to 400 pounds, compared to 280 pounds two months ago, while the price of black pepper rose to 240 pounds, compared to 170 pounds two months ago. Egypt imports most of its spices from countries such as India, Turkey, Afghanistan, Syria, and Morocco, with the prices of garlic and onion powder reaching about 80 pounds, cardamom reaching 90 pounds, nutmeg reaching about 800 pounds, and cloves reaching about 660 pounds per kilogram.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Written by Dina Khaled: Magdy Tawfiq, Vice President of the Herbalism Division at the Cairo Chamber of Commerce, told Masrawy that the prices of some types of spices have risen in the markets, such as cumin and black pepper, which are among the most important basic spices in Egyptian homes. Tawfiq added to Masrawy that a kilo of local and imported cumin rose to 400 pounds, compared to 280 pounds two months ago, an increase of 120 pounds per kilo. He explained that the rise in cumin prices came as a result of the limited supply of it locally, and the significant increase in the prices of imported cumin as a result of the limited supply of it globally, as it is imported from India, which witnessed a decline in its production of some spices this year, in addition to the rise in the price of the dollar against the pound in the parallel market. He pointed out that the price of a kilo of black pepper rose to 240 pounds, compared to 170 pounds two months ago, due to the high cost of ...
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