Business Opportunities in Agriculture: 150 Field Interviews (Book)

Egypt Agribusiness Report

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The Egypt Agribusiness Report features Business Monitor International's market assessment and independent 5-year forecasts covering the supply and demand outlook for the livestock, dairy, grains, rice, sugar, edible oils, coffee and cocoa sectors. ( Egypt Agribusiness Report - Business Market Reports )

Business Monitor International's Agribusiness service also provides proprietary medium term price forecasts for key commodities, including corn, wheat, rice, sugar, cocoa, coffee, soy and milk; in addition to newly-researched competitive intelligence on leading agribusiness producers, traders and suppliers; in-depth analysis of latest industry developments; and essential industry context, such as the background macroeconomic outlook and the downstream supply chain.

Key Benefits
Use BMI's independent 5-Year industry forecasts to test other views - a key input for successful planning in dynamic agribusiness markets.

Apply BMI's medium term commodity price forecasts to assist with budgetary planning and the identification of investment opportunities and potential risks

Exploit latest competitive intelligence on your competitors and peers in Asia, Europe, Latin America, the Middle East and Africa through our company rankings and analysis.

Executive Summary

Despite its vast landmass Egypt continues to be dependant on agricultural imports to meet the needs of its growing population of some 77mn. As discussed in BMI's recently published Egypt Agribusiness Report for Q109, the main reason for this is the country's severely limited agricultural lands. Currently, only 3.5% of Egypt's landmass, mainly around the Nile delta, qualifies as agricultural land. In an effort to redress the situation, the government has made land reclamation projects a priority, despite the criticism these frequently draw. The government places great emphasis on the agricultural sector as it understands its significance to the national economy, with this sector accounting for nearly 20% of both GDP and exports and with it employing nearly 30% of the working population.

As urban sprawl further encroached upon the land available for agricultural use, the government has placed an even greater emphasis on such reclamation projects. According to official statistics, reclamation desert areas increased from 2.43m hectares (ha) in the 1980s to 3.44mn ha by the end of 2004, representing an average increase of 37,000 ha a year. This reclaimed land is highly productive and well suited to agriculture. The ministry has now set a target of reclaiming 1.34mn ha between 1997-2017.

However, the plan is highly controversial due to the level of water usage involved. Egypt is already classified as below the water poverty line, which is 1,000m3 per person per year, with the average Egyptian having access to only 950m3 of fresh water per year, a figure that is expected to decline by 650m3 a year by 2017.

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Business Opportunities in Agriculture: 150 Field Interviews (Book)

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