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Al-Masry Al-Youm tracks four-year cotton export decline
Egypt's cotton exports have experienced stability and a decline over the past four years, with both the quantity and total exports decreasing significantly. In 2021, Egypt's cotton exports amounted to 69,662 tons, valued at approximately $221 million. This figure declined by 31%, with a reduction of 24,000 tons and $67 million over the four-year period. The Indian market remains the largest importer of Egyptian cotton, purchasing 32,737 tons worth $110 million, though both the quantities and values imported have decreased over the past four years. The decline is mainly attributed to a reduction in cultivated areas, which fell to 120,000 feddans due to the government’s pricing policies, which farmers rejected—impacting production and exports. Experts propose improving the reference price, providing better seeds, encouraging factories to buy cotton, and promoting the Egyptian market internationally to boost exports again.
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