DETERMINANTS OF EXTERNAL DEMAND FOR THE MOST IMPORTANT EGYPTIAN AGRICULTURAL EXPORTS

Abstract

The research aimed to study the most important factors determining the demand for Egyptian agricultural exports in the most important global markets for the most important Egyptian agricultural export commodities because it is one of the most important factors in setting agricultural policies. It was represented in citrus and grapes from fruit crops, potatoes and onions from vegetable crops, Juices, cheese and fruit concentrates by estimating the individual demand of export commodities in their most important global markets during the period 2011-2018. The research relied on the two methods of descriptive and quantitative analysis, such as estimating the correlation matrix, the function of multiple regression in its various forms, and estimating price and cross elasticity's of demand functions. The results showed in the field of statistical estimation of the determinants of individual demand for the most important fruit exports in world markets that the Russian market is the most important importer of Egyptian citrus while the UK market is one of the most important markets for Egyptian grapes for the average of 2011-2018. It also showed the high price and cross elasticity's of the Egyptian citrus in the Russian market, as well as the high price and cross elasticity's of grapes, in the UK market. In the field of statistical estimation of determinants of individual demand for the most important exports of food industries in global markets, it is clear that the American and Saudi market are the most important markets for juices, fruit concentrates and cheese. In the field of statistical estimation of determinants of individual demand for the most important exports of vegetables in world markets, it was found that the Russian and Saudi market were the most important markets for potato and Egyptian onion, respectively. It also showed a rise in the high price and cross elasticity's of the Egyptian potatoes in the Russian market, while the price elasticity for the Egyptian onion was about (-4.1) and the cross elasticity was about (4.4). The research recommended the importance of improving the quality of Egyptian agricultural exports in international markets, improving the conditions for agricultural commodities access to global markets, promoting Egyptian agricultural exports, and reducing the burden on exporters.