Egypt: Citrus Annual
In MY2016/17, Post forecasts total orange exports to increase by 5 percent or 70,000 MT to 1.520 MMT compared to 1.450 MMT in the previous year. FAS Cairo attributes this increase to higher demand from import markets driven by the Egyptian pound’s devaluation, which should boost Egyptian products’ competitiveness in general. Orange production is to increase by 2.5 percent or 70,000 MT from 2.930 MMT to 3.0 MMT. The expansion is attributed to the increase in the total area harvested due to improved weather conditions, as well as an increase in the number of new fruit bearing trees. Post revised PSD numbers for MY2015/16 to reflect the increase in planted area, production, and exports.
