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Tuesday, 9 January 2018

Egypt forecast to be top orange exporter for 2017/2018

Egypt is forecast to be one of the world’s top two exporters of oranges for the 2017-18 season, according to an excellent report by the United States Department of Agriculture (pdf). The report has Egypt in second in a worst case scenario, even though in terms of production we are ranked sixth. Egyptian exports are finding traction on the back of increased competitiveness post-devaluation of the EGP. Egypt exports roughly 50% of its orange production and is rivaled only by Spain in its bid for the world number one slot. Spanish exports for the season are contingent upon its production capacity, which could be hindered by a drier season. The top importers of Egyptian oranges are expected to be Russia, Saudi Arabia, the Netherlands, and China. Citrus exporters have recently been vocal on their expectations for a good season.

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