EGYPTIAN DEMAND FOR FABA BEANS FROM THE MOST IMPORTANT INTERNATIONAL IMPORT MARKETS

Abstract

The crops of the legumes, especially the domestic beans, are considered the most important food groups due to their high nutritional value, in addition to their importance in improving soil properties. The state aims to encourage the expansion of the faba bean production to fill the food gap and also to supply hard currency. Egypt is one of the most important importing countries for beans. The legume crops are considered the most important food groups because of the high nutritional value. The bean is a strategic commodity for the Egyptian citizen. The study aims at reducing the imports of the Egyptian faba bean. Egypt's demand for faba bean, estimation of the competitive advantage of the main exporting countries of Egypt, and the comparative advantage index. The study found that the quantity of Egyptian bean imports increased by an annual rate of about 2.41 thousand tons. This increase is statistically insignificant at 0.05 level, and the value of Egypt's imports of faba bean has taken an upward trend at an annual rate of about 7 million dollar This increase is statistically insignificant at 0.05 level, and the price of Egypt's imports of faba bean has taken an downward trend at an annual rate of about 14.5 dollar/tons This increase is statistically insignificant at 0.05 level and the study of the geographical distribution of imports of Egyptian fab beans shows that the United Kingdom, Australia and France Representing 88 % Of Egypt's imports of beans. The percentage of Egypt's imports of faba bean decreased at a growth rate of 14%. The volume of exports of the United Kingdom and France decreased by 38% and 96%, respectively, while Australia increased its exports by 5% The elasticity of demand functions also showed that the elasticity of the price demand of Australia's export price indicates that the de mand is inelastic and Egypt needs this commodity from the Australian market, and the income elasticity shows that the commodity is poor by increasing income. The explanation of the elasticity of the demand for the price of France's exports shows that the demand is inelastic and Egypt needs this commodity from the French market. It is also evident from the income elasticity that the commodity is normal, i.e., the increase in income is the required quantity of the commodity, while the elasticity of the price demand of the UK export price shows that demand is not Flexible and Egypt needs this commodity from the British market, as evidenced by the income elasticity that the commodity is poor by increasing the income decreases the required quantity of the commodity. The study of forecasting Egypt's imports of Australian beans shows that the volume of imports of beans is expected to increase from about 136 thousand tons in 2018 to about 245.6 thousand tons in 2025. It is expected that the quantity of imports of British beans will increase from about 58 thousand tons 2018 to about 277.3 thousand tons in 2025. It is expected that the quantity of imports of French beans will fall from about 0.334 thousand tons in 2018 to about 45.9 thousand tons. It is also expected that the quantity of Egyptian imports of beans will increase from about 410 thousand tons in 2018 to about 500 thousand tons in 2025, is expected to decrease the amount of domestic production of beans from about 144 thousand tons in 2018 to about 16 thousand tons And it was found that the available amount of consumption is expected to decrease from about 281 thousand tons in 2018 to about 72.5 thousand tons in 2025.

Keywords

• faba bean
• forecast
• egyptian demand
• price competitiveness
• comparative advantage
• demand functions