Egypt Increases Planting by 25-30% to Capitalize on Market Gaps and Quality Advantages
The Egyptian sweet potato season is off to a strong start with a notable increase in supply, driven by expanded planting efforts and favorable growing conditions. According to Ayman El Sayed, Sales and Export Manager at Fresh Zone, Egypt has significantly increased its sweet potato acreage this year, with national volumes projected to rise by 25-30% compared to the previous season.
This growth comes as a strategic response to ongoing challenges in other sweet potato-producing regions, particularly Spain, which continues to face water scarcity issues. El Sayed highlights that Egypt is well-positioned to leverage this market gap, with the European Union being a key export destination for Egyptian sweet potatoes.
El Sayed attributes the success of Egyptian sweet potatoes to the country’s favorable agricultural conditions. Egyptian soil, combined with optimal water and climate conditions, contributes to the high quality of the crop. The season has commenced with medium-sized sweet potatoes, and as the season progresses, all grades of sizes will become available.
Despite the increase in supply, El Sayed forecasts a rise in prices due to global inflation and rising production costs. He anticipates that prices will be at least 40% higher than last season, although this increase will be somewhat offset by the devaluation of the Egyptian pound against foreign currencies.
The main challenge currently facing Egyptian exporters is logistical, particularly concerning disruptions in the Bab El Mandab Strait, which affect freight costs, container availability, and shipping schedules. These logistical issues are impacting overall transit times and costs, posing a significant challenge for exporters as they navigate these complexities.
Overall, Egypt’s expanded sweet potato production aims to meet both local and international demand while addressing market opportunities and overcoming logistical hurdles.
