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339018

Impact of Price Changes on the Exported Quantities of Some Egyptian Agricultural Crops in its Most Important Foreign Markets

Article

Last updated: 05 Jan 2025

Subjects

-

Tags

Economic, social, and philosophical aspects of sustainable agriculture

Abstract

This research aimed to study the impact of changing prices of some Egyptian export agricultural crops on the volume of exported quantities of those crops (potatoes, onions, oranges, grapes), using some economic models such as the Direct Model and the Substitution Elasticity Model in its most important foreign markets, where the specified prices are The main factor in determining the volume of demand for exported crops and determining the degree of flexibility of foreign markets for the study crops. The results showed that the elasticity of the Saudi, Emirati, Kuwaiti, Russian, and English markets for potatoes amounted to about -0.370, -0.508, -0.892, -0.417, -0.512, respectively. This explains that by increasing the export price of potatoes by 1%, there is a decrease in the quantity of exports. Potatoes for these markets amounted to about 0.37%, 0.50%, 0.89%, 0.41%, 0.51%, and their significance was proven statistically at a level of significance between 1% and 5%. The results also showed that the elasticity of the Saudi, Emirati, Kuwaiti, Russian, and English markets for onion crops amounted to about -0.503, -0.723, -0.344, -0.627, -0.576, respectively. This explains that by increasing the export price of onions by 1%, there is a decrease in the quantity Onion exports to these markets amounted to about 0.50%, 0.72%, 0.34%, 0.62%, 0.57%, and their significance was proven statistically at a level of significance between 1% and 5%.

DOI

10.21608/jassd.2024.259968.1002

Keywords

Exchange Rate Changes, price elasticity, Export crops, global market

Authors

First Name

M. G.

Last Name

Mahdy

MiddleName

-

Affiliation

Department of Agricultural Economics. Faculty of Agriculture. Suez Canal University, Egypt

Email

elrayk84@yahoo.co

City

-

Orcid

-

First Name

Hanan

Last Name

Alameer

MiddleName

-

Affiliation

Agricultural Economics Research Institute. Egypt

Email

doctor.hanan2012@yahoo.com

City

-

Orcid

-

First Name

Mohammad

Last Name

Khedr

MiddleName

-

Affiliation

PhD student

Email

mohamedkhedr914@gmail.com

City

-

Orcid

0009-0009-3298-6023

Volume

1

Article Issue

1

Related Issue

45839

Issue Date

2024-03-01

Receive Date

2024-01-01

Publish Date

2024-03-01

Page Start

11

Page End

21

Print ISSN

3009-6375

Online ISSN

3009-6219

Link

https://jassd.journals.ekb.eg/article_339018.html

Detail API

https://jassd.journals.ekb.eg/service?article_code=339018

Order

339,018

Type

Original Article

Type Code

2,978

Publication Type

Journal

Publication Title

Journal of Agricultural Sciences and Sustainable Development

Publication Link

https://jassd.journals.ekb.eg/

MainTitle

Impact of Price Changes on the Exported Quantities of Some Egyptian Agricultural Crops in its Most Important Foreign Markets

Details

Type

Article

Created At

20 Dec 2024