Egypt: Cherimoyas have competitive prices again

After the Egyptian government decided to free foreign currency exchange rates in 2016, farmers and exporters have been able to continue marketing cherimoyas, which are also known as custard apples, abroad. "We could not export any significant amount of cherimoya before because of the high prices they reached - between 16 and 17 euro per kilo," stated George Barsoum, of La Tulipe Company. "These values are unacceptable and, after the liberalization of exchange rates, international markets returned to an acceptable price." 

The current prices of the cherimoyas of Egyptian origin stand at around 6.80 euro per kilo, for distributors, and can reach 9 to 10 euro for final consumers. 

Cherimoya is a much consumed product in Egypt that, despite the large production volumes they have, can only export 30 to 35% of their production. "In our case, we can produce 120 to 150 tons each season and we export a third to Eastern European countries, which are our main market," he stated. 

For more information:
George Barsoum
La Tulipe Company
Telf.: +2 0122 326 7115

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