The Economic Effects of Sugar Price Policy in Egypt

Diab, Yasser Abdel Hamid; Abdullah, Tarek Ali Ahmed; Radwan, Hassan Mousa; Tony, Hossam Mostafa

doi:10.21608/esugj.2019.219362

The Economic Effects of Sugar Price Policy in Egypt

Document Type : Original Research Articles.

Authors

¹ Faculty of Agriculture and Natural Resources, Aswan University, Aswan, Egypt

² Economics Research Institute, Assiut, Egypt

³ High Institute for Agricultural Cooperation, Assiut university, Egypt

⁴ Faculty of sugar and integrated industries technology, Assiut University, Egypt

10.21608/esugj.2019.219362

Abstract

Egypt suffers from a food gap in sugar due to the shortage of supply of domestic production to meet the growing consumer needs, which leads to fluctuation of production and the continuous increase in the quantities consumed to the instability of domestic prices, where the local production of sugar amounted to about 2.249 million In 2017/2018 tons, while domestic consumption reached about 3.230 million tons in the same year, which means a gap of about 981 tons, representing about 43.62% of the total production, and self-sufficiency rate is estimated at 69.63% for the same year.

Keywords