Egypt: Citrus Annual
FAS Cairo forecasts a 5 percent increase in area planted and 6 percent increase in production to meet the local and international demand for Egyptian oranges. The devaluation of the Egyptian pound that took place on November 3, 2016, will positively impact exports for the second year as Egyptian orange prices on international markets are more competitive than other suppliers. FAS Cairo forecasts exports at 1.6 MMT, an increase of 5 percent or 80,000 MT compared to 1.520 MMT in previous year. Most likely Egypt will remain the sixth largest orange producer and the first or second largest orange exporter in the world depending on Spain’s performance in MY2017/18. Russia, Saudi Arabia, Netherlands and China will likely remain the top import destinations for Egyptian oranges.