FROM ORCHARD TO EXPORT: UNCOVERING THE DRIVING FACTORS OF EGYPT'S ORANGE MARKET
Date
2023-06
Journal Title
Journal ISSN
Volume Title
Type
Article
Publisher
Series Info
Economics & Law;Volume: V, Issue: I, Year: 2023, pp. 33-44
Doi
Scientific Journal Rankings
Abstract
Egypt is predominantly known for its agriculture sector, which dates back to the time of
the Pharaohs. During this era, agriculture was the most significant sector in the country.
Therefore, any country with resources for agriculture should use them to develop this sector,
increase production, and expand agricultural spaces. Such efforts will lead to increased
economic growth and exports. Furthermore, prioritizing agriculture will help meet the needs
of the people and reduce the nation's reliance on imports. Therefore, Egypt should benefit from
their resources to improve their agriculture sector. For example, Egypt produces oranges in
large quantities that there is huge surplus to export all over the world. Although Egypt has not
fully exploited all its agricultural resources and land to produce oranges and other agricultural
products, there is great potential for growth. If Egypt were to fully utilize its resources and
improve its agricultural practices, it could rank higher in the international market for
agricultural exports. Such efforts would undoubtedly contribute to Egypt's economic growth
and development. Therefore, in this paper we will discuss the results of the consumption and
production of oranges in Egypt to see if there is shortage or surplus and if oranges’ market is
elastic or inelastic, and at the end see if Egypt could produce more or not.
Description
Keywords
Egypt,, agriculture,, oranges,, economic growth,, production, ., surplus