date:Sep 25, 2023
up from EGP 27 last month and EGP 12 a year ago.
According to an Egyptian exporter, the increase in prices on the domestic market is due to several factors, including the reduced acreage in Egypt this season, the global shortage of onions, and the devaluation of the Egyptian pound. The exporter says, Onion prices were high as soon as the beginning of the season, due to lower acreage in Egypt, followed by an increase in global demand, as the onion market was shaped by higher prices and lower pr