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Fruit and vegetable exports from Egypt to Europe could increase sharply due to devaluation

2024-02-06 00:00

EastFruit analysts highlight the high risk of major volatility in the regional market for fruits and vegetables due to the impending devaluation of the Egyptian pound against key currencies.

Background

The situation has deteriorated since a year ago. Back then, we reported on the doubling of the dollar exchange rate to the local currency, which was meant to spur the

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East-fruit.com
East-fruit.com

EastFruit is an analytical platform that helps in the development of the fruit and vegetable business. The main goal of this platform is to increase the incomes of producers through more efficient production, storage, processing and marketing of fruits and vegetables. EastFruit is a center of knowledge and experience for all participants in the fruit and vegetable market in Eastern Europe, the Caucasus and Central Europe.

The portal is aimed at fruit and vegetable producers, small and medium farmers, producers of fruit and vegetable juices, fruit and vegetable processing, exporters, importers, supermarket chains, suppliers of seedlings, seeds, technologies and equipment, as well as associations and unions of fruit and vegetable producers, state structures and suppliers of services and products for the agricultural sector. In short, for all participants in the fruit and vegetable business.

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