The next Egyptian carrot export campaign starts soon, in December. Mohamed Matouk, CEO of RM Fresh, predicts strong demand due to the difficulties encountered in Europe.
The exporter says: "Flooding in Spain and climate change in the northern Mediterranean are also impacting carrot production, as was the case for other crops earlier this year. In addition, Europe has tended in recent years to rely on Egyptian origin for carrot supplies, placing Egypt among the top three carrot origins in the European market."
"We will continue to leverage Egypt's strengths, namely superior quality at a very competitive price. This year, we are benefiting from the stability of the Egyptian economy following economic and monetary reforms. The stable exchange rate will enable us to offer much more stable and competitive prices, as well as greater consistency in pricing," Maatouk adds.
The Egyptian supply of carrots for export — a recent sector that has only begun to develop since the outbreak of war in Eastern Europe — continues to increase steadily. Maatouk says, "The carrots acreage has reached 10,000 hectares this season, and therefore, a large capacity in terms of volumes, as well as a maturity in business-doing translated by more exports under contract."
"We are also moving towards extending the export campaign, thanks to recent investments in cold storage and machinery. At RM Fresh, we acquired a new automatic sorting line with a hydrocooler and a vega polisher, with a capacity of 10 tons per hour. This will enable us to continue exporting until September if demand is there," Maatouk adds.
Prices for Egyptian carrots are likely to remain stable, without any significant increase, according to Maatouk: "Unless demand exceeds expectations, prices will remain at the same level as last season".
For more information:
Mohamed Maatouk
RM Fresh
Tel: +201221228020
Email: [email protected]
www.rm-fresh.com