Tomna for Agricultural Investment
The Egyptian garlic campaign is about to end, a little early. According to Ralph Nakhal of the Tomna company, stocks are running out while international demand is soaring.
“The harvest ended in April and we are currently shipping dry garlic. It looks like we will stop very soon, as the supply is very low.”
Egypt started the season with only half of its usual garlic acreage, compared to the previous season. Similarly, global supply has been low this season, which has pushed up prices. Ralph adds: “Prices have more than tripled since the start of the season. The main reason for this is the low acreage in Egypt, combined with low garlic supply and high prices in Spain, as well as limited imports of Chinese garlic into Egypt.”
Although the price of Egyptian garlic has increased significantly, it remains cheaper than the competition. For example, it is cheaper than garlic from Spain, Mexico or Argentina, according to Ralph.
Faced with limited supply this season, European buyers have turned to Egyptian garlic, and the European market has maintained high and consistent demand throughout the season, Ralph adds.
The producer expects an increase in the area devoted to Egyptian garlic from next season and adds: “but it all depends on the cost of rents, fertilizers and seeds. Garlic cultivation is expensive compared to the yield.”
For more information :
Ralph Nakhal
Tomna for Agricultural Investment
Tel.: +20 100 2717 275
[email protected]
www.tomna.farm
