Egypt: Food Service - Hotel Restaurant Institutional
Sales in Egypt’s hotel and restaurant sector grew by 33 percent in 2017, recording a total output of US$3.6 billion and representing around 2 percent of Egyptian GDP. Egypt’s 2016 economic reforms program negatively affected imports of consumer-oriented products. Due to high exchange rates and elevated tariffs, consumer-oriented imports declined to US$3.3 billion in 2017, down from US$4.4 billion in 2016. With the exception of beef liver, US exports of consumer-oriented products continue to face stiff competition from exporters in countries with more favorable trade relationships. US-origin wines, apples, bread flour, sauces, dressings and syrups are currently not present in sufficient quantities but have sales potential.
Egypt: Food Service - Hotel Restaurant Institutional