By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone
    Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone
    June 1, 2023
    Egypt, GIZ sign agreement of €8m to support e-government, innovation in management
    Egypt, GIZ sign agreement of €8m to support e-government, innovation in management
    June 1, 2023
    Egypt hosts InnoXera Summit on education in artificial intelligenceage
    Egypt hosts InnoXera Summit on education in artificial intelligenceage
    June 1, 2023
    Egyptian economy offers great competitive advantage, diversified investment opportunities: Ayman Soliman
    Egyptian economy offers great competitive advantage, diversified investment opportunities: Ayman Soliman
    June 1, 2023
    Egypt's new membership in New Development Bank enhances South-South cooperation: Al-Mashat
    Egypt’s new membership in New Development Bank enhances South-South cooperation: Al-Mashat
    June 1, 2023
  • Politics
    PoliticsShow More
    India train crash kills at least 207, injures hundreds 
    India train crash kills at least 207, injures hundreds 
    June 3, 2023
    Madbouly reaffirms Egypt’s unwavering assistance for Palestine
    Madbouly reaffirms Egypt’s unwavering assistance for Palestine
    June 1, 2023
    Egypt reiterates firm position in support of Palestinian cause: Shoukry
    Egypt reiterates firm position in support of Palestinian cause: Shoukry
    June 1, 2023
    Egypt and France discuss joint cooperation in the health sector
    Egypt and France discuss joint cooperation in the health sector 
    June 1, 2023
    AU praises Egypt's role in achieving sustainable peace in Africa despite challenges
    AU praises Egypt’s role in achieving sustainable peace in Africa despite challenges
    May 31, 2023
  • Interviews
    InterviewsShow More
    EFG Finance to launch unified platform gathering all its financing services: Alaa Al-Afifi
    EFG Finance to launch unified platform gathering all its financing services: Alaa Al-Afifi
    May 31, 2023
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    May 25, 2023
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    May 8, 2023
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    April 29, 2023
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    April 18, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Europe golden opportunity for Egyptian food exports
Share
Notification
Latest News
India train crash kills at least 207, injures hundreds 
India train crash kills at least 207, injures hundreds 
Politics Breaking News World
Adding flavour of innovation to F&B industry in Africa
Adding flavour of innovation to F&B industry in Africa 
Women
Egypt’s Women on Boards Indicator records 19.7% in 2022 with 3% growth
Egypt’s Women on Boards Indicator records 19.7% in 2022 with 3% growth
Women
Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone
Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone
Banking
Egypt, GIZ sign agreement of €8m to support e-government, innovation in management
Egypt, GIZ sign agreement of €8m to support e-government, innovation in management
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Business > Trade > Europe golden opportunity for Egyptian food exports
Trade

Europe golden opportunity for Egyptian food exports

Selim Hassan
Last updated: 2018/10/20 at 10:53 PM
By Selim Hassan 5 Min Read
Share
SHARE

The European market maintains a distinguished position among Egyptian food industry exporters. Despite the harsh competition, it remains one of the most stable markets, and offers the highest prices.

Egyptian companies are interested in increasing their interaction with the European market by expanding their participation in international exhibitions, looking for new customers in countries of the EU, and modernising their machines to comply with European standards.

Wael Sharawy, export manager at Nile Agricultural Ind. Co. (AGA), said that European markets are one of the most important markets that Egypt deals with in the export of food industries.

Egyptian food exports to the European market grew by 12% during the first eight months of this year to reach $265m, compared to $233.2m in the same period last year.

Sharawy explained that the company is working in the production of juices and jams of various kinds, and is pursuing to intensify its presence in the EU market through adherence to its standard specifications.

Mango and guava juices are seeing a clear growth in exports to Europe in the last period, particularly concentrates, pointed out the export manager.

He also said that Europe needs products that are low in sugar, unlike Africa which demands high sugar concentrations, hence the company is developing in order to meet the needs of each market separately.

Sharawy called on the local sector to show more interest in packaging according to European standards, to attract more consumers to domestic products.

Europe is more interested in buying food products which are in glass containers and tetra packs, while most Egyptian products are packaged in plastic materials, he pointed out.

He added that the interest in the packaging sector, the supply of production lines according to market needs through injecting more investments and creating a productive environment, will develop into a strong boost and increase the sector’s exports to Europe.

Countries of the EU are considered promising markets for the development of the sector’s exports, especially products such as frozen vegetables and fruits, dried onions, dried vegetables, seeds and fruity fruits, medicinal and aromatic plants, olives, pickles, fruit preparations, molasses, fruit concentrates, and food salt.

Dalia Nabil, export manager at Alex Frost, added that last year the company exported about 1,600 tonnes of vegetables, mostly frozen artichokes, broccoli, and strawberries.

She said that Europe accounts for a good share of the company’s annual exports, adding that they aim to open new markets there, along with its expansion plans in other markets such as East Asia and Mercosur countries.

Nabil noted that the company is also focusing on Russia, being one of the most prominent markets that receives Egyptian food products and frozen vegetables, elaborating that expanding in foreign countries boosts the reputation of the company’s products.

Rabie Abbas, export manager at Herbs Egypt, said that Europe accounts for 28% of the company’s annual exports.

Abbas explained that the company exports about 2,000 tonnes of herbs per annum, and tries to intensify its presence in Europe, especially in Spain and France.

He indicated the need to pay attention to changing the conditions of agriculture in Egypt in order to reduce production costs, therefore enabling the companies to compete internationally and increase their profits.

Increasing profits reflect on expanding businesses domestically as well as on exports, hence, adding value to the economy, remarked Herbs’ export manager.

Presently, the company is in pursuit of increasing its presence in Europe, by visiting several international exhibitions in the coming years, thus meeting more customers, and increasing the volume of new contracts with existing customers, explained Abbas.

Quotes:

12% increase in Egypt’s exports to EU in 8 months

You Might Also Like

Egypt’s exports record significant increase in 2022: Trade Minister

Egypt’s exports increase to $51.6bn in 2022

17 new projects with international institutions to support food security: CFI

Food security is top priority for Egypt’s programmes with multilateral, bilateral development partners: Al-Mashat

Government discusses boosting Egyptian food exports

TAGGED: Europe golden, Exports, food
Share this Article
Facebook Twitter Email Print
Previous Article IDBE, DFC sign cooperation protocol to finance furniture manufacturers
Next Article Egyptian-Dutch Company for Food Industries pursues expansion in Eastern Europe, Africa
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

India train crash kills at least 207, injures hundreds 
India train crash kills at least 207, injures hundreds 
Politics Breaking News World
Adding flavour of innovation to F&B industry in Africa
Adding flavour of innovation to F&B industry in Africa 
Women
Egypt’s Women on Boards Indicator records 19.7% in 2022 with 3% growth
Egypt’s Women on Boards Indicator records 19.7% in 2022 with 3% growth
Women
Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone
Suez Canal Bank signs protocol with Chinese TEDA to support investment in SCZone
Banking
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?