Tunisian’s Edible Oil Market: Setting pace for a new era

TUNISIA is situated in North Africa, between Algeria and Libya, bordered by the Mediterranean Sea in the north and north-eastern side. Its strategic geographical position facilitates commercial exchanges between Tunisia and the European Union. Tunisia preserves its external and internal balances at manageable levels and the GDP growth has averaged 5.1% over the last decade. One important challenge is to strengthen spillover effects from rising foreign direct investment to bolster local private investment.

Syria: Mapping its Market Potential

UNREST upheavals have been spreading throughout some parts of Middle-East and North Africa region (MENA). But some analysts said that Syria could be spared from these upheavals as the country also already witnessed a power transition back in 2000 and present Syrian Government has had consolidated power and put a series of economic reforms in place to jump start its economy and to attract foreign capital. Under present circumstances, Syria is in stable socio-political conditions and should be in the barometer of international investors vis-a- vis against other MENA‘s countries.

Opportunities for Greater MPO Exports to Egypt

HIT by the repercussions of the global financial crisis, Egypt’s economic performance slackened during 2008-09 as real GDP growth fell to 4.7% in 2009 from 7% a year earlier. Nevertheless Egypt was able to sustain economic growth of above 5% during fiscal year 2010 and contain inflationary pressure.

Djibouti: Reaching out to the Horn of Africa

This key port occupies a vital crossroad on the East-West trade route, below the Horn of Africa and at the confluence of the Red Sea and the Indian Ocean. THE HORN of Africa, where Djibouti, Eritrea, Ethiopia and Somalia are located, has for long been marred by violent conflicts. Sally Healy in the Horn of Africa Group Report in 2007 observed that the magnitude of the conflicts in the area over 18 years has been greater than in any other region in Africa. The links among the conflicts in the Horn, their complexity and high level of violence have made them difficult to resolve.  

Morocco: A Huge Market Waiting to be Tapped

OILS and fats consumption in Morocco reached some 613,000 metric tonnes in 2009. Consumption has remained quite stable for the last five years, at around 612,000 to 630,000 MT a year, except for 2008 when it dropped to 604,000 MT. This was when most countries around the globe faced the economic downturn and financial crisis. Morocco’s per capita consumption of oils and fats is fairly high at 19.2kg per annum, which is close to the world average of 23kg/person/year.

 

Egypt’s Oils and Fats Market Reflecting on Growth

EGYPT promises strong growth in the oils and fats sector on the back of rising per capita Gross Domestic Product (GDP) and a burgeoning population, despite the global economic crisis and inflationary pressures affecting the market this year. Its consumption of edible oils in 2008 was 1.6 million metric tonnes (MT) – almost double its mid-1990 level.