Europe-bound Egyptian oranges almost 25% higher y-o-y

A great export season for Egyptian orange growers: We’re already the world’s top exporter of citrus fruit, the Ministry of Trade and Industry tells us, and now the volume of Egyptian oranges exported to Europe in the “next few months” is expected to be 20-25% higher y-o-y, Netherlands-based fruit and vegetable importer Marni Fruit told Fresh Fruit Portal. Marni Fruit’s manager said the increase in the supply of Egyptian fruit in European markets is partly due to the EGP’s devaluation, which now favors Egyptian exporters. Other factors in favour of domestic growers: The larger size of Egyptian fruit and a good orange harvest, which allowed for a larger export volume. Heavy rainfall in Spain cut output there, reducing competition with Egyptian oranges.