[Report Description]
The fruits and vegetable market is expected to register a CAGR of 2.2%. Egypt produces a wide range of fruits and vegetables due to various factors. Egypt is divided into a number of farming regions according to climate, natural vegetation, soil type, and farming practices. Some of the major fruits and vegetables produced are tomatoes, potatoes, beets, oranges, onions, grapes, and dates among others.
According to FAO, the production of fruits and vegetables in Egypt accounts for 35 million metric tons in 2018. In fruits, oranges with the highest production of 4.6 million metric tons. Similarly, among vegetable, tomato with the highest production of 6.6 million metric tons followed by onions of 2.9 million metric tons in 2018. Steady production and rising exports of fruits and vegetables are driving the market growth.
Key Market Trends
Growing Vegetable Production
Due to the various climatic advantage, natural vegetation, soil type, and farming practices that are favorable, growers are able to increase production. Tomatoes onion and eggplants dominate the Egyptian vegetable market with a huge production.
According to FAO, the production of tomatoes reached 6.6 million metric tons in 2018 followed by onions 2.9 million tons and eggplant with 1.4 million tons of production. With the huge support from the government in association with USAID, it is enabling them to maintain the production on the higher side.
Increasing Export Contributes to the Market Growth
The export of fruits and Vegetables is increasing from Egypt. According ITC Trade, the export of fruits alone valued at 1,399,078 thousand USD in 2018, which is been growing steadily. Fruits and Vegetables were exported to the European Union in accordance with the international quality standards affirming that fruits and vegetable export without any hindrance to the European region.
Egypt has succeeded in opening new vegetables and fruits markets, especially in China, the European Union, and East Asian countries. Additionally, Egypt's success in lifting the ban on Egyptian agricultural exports in some countries, which confirms the safety of Egyptian procedures and thus boosting the Egyptian fruits and vegetable market.
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