Econometrics Analysis of External Demand for Egyptian Oranges in the Most Important Global Markets | ||
| The Egyptian Science Magazine | ||
| Article 7, Volume 11, Issue 1, December 2024, Pages 63-77 PDF (470.71 K) | ||
| Document Type: Original Article | ||
| DOI: 10.21608/esm.2024.370955 | ||
| Authors | ||
| Heba Mohamed Nazer* 1; Mohamed Osman Abdel Fatah* 2; ibrahem Ali Mohamed* 3 | ||
| 1Master’s researcher in the Department of Agricultural Economics, Faculty of Agriculture, Ain Shams University | ||
| 2Professor of Agricultural Economics and Applied Statistics, Faculty of Agriculture, Ain Shams University | ||
| 3Assistant Professor of Agricultural Economics, Faculty of Agriculture, Ain Shams University | ||
| Abstract | ||
| Egyptian oranges occupy a high relative importance among citrus exports, as the value of their exports amounted to about 91.12% of the total value of citrus exports for the year 2022, which indicates the importance of studying the foreign trade of Egyptian oranges, especially in light of local and global economic changes in an attempt to preserve the role of this crop. in Egyptian agricultural exports and increasing its importance. In general, the research aimed to identify the most important importing markets for the Egyptian orange crop, and to identify the determinants of Egyptian exports from them, based on data for the time period (2003-2022), in addition to identifying the different elasticity of demand, their degree, and the extent of their flexibility or not. By studying the external demand function for Egyptian oranges, it was found that the price elasticity of demand is less than one for the Russian, Dutch, and Bangladeshi markets, and therefore Egyptian oranges represent a necessary commodity for these countries, while it was greater than one in the Saudi and Chinese markets, i.e. an elastic commodity. Thus, Egyptian oranges are considered a luxury commodity for the Netherlands. As for the transitive elasticity of demand, it was greater than one in all markets, which means that Egypt’s orange exports are affected by the prices of competing countries. Also, the income elasticity of demand was greater than one in all markets, which means that demand is more elastic and that Egypt’s orange exports are affected by national income in the Saudi market and the Chinese market. Also, the elasticity of the population was greater than one in all markets, which means that the foreign consumer’s taste matches Egyptian oranges. | ||
| Keywords | ||
| Oranges; External Demand Functions; Relative Importance; Value of Exports; global markets | ||
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