Ramadan Food Racing .. Food continues to lead the scene and achieve the highest sales .. And the improvement of sales of sweets and Ayamish .. Ready-made clothes recover after the growing demand for the children's sector in the fourth quarter of the month .. Fish in the tail of the list

Economy and stock exchange

There is no doubt that the month of Ramadan may create a boom in certain commercial goods and increase the movement of economic activities alone, due to the high demand for goods and the decrease in the demand for other commodities. This season, the number of purchases of Egyptian goods this month topped mainly food commodities.

The Chamber of Commerce Research Unit in Cairo noted in a report the high demand for various food products, stressing that the trade in food commodities, the main and the basic of each house, has achieved high success this year, with the launch of more than one food commodities exhibition in all governorates, And other exhibitions.

Abdel Fattah Hamed, a member of the food division at the Cairo Chamber of Commerce, said food commodities, especially the main ones, such as rice, pasta, sugar and various legumes, have witnessed a remarkable growth in demand this month.

He pointed out in statements to the "seventh day" that the volume of consumption in the markets during the month of Ramadan can not be determined for any commodity. He pointed out that the commodity exhibitions organized this year have contributed significantly to the availability of a larger supply of goods at prices lower than those in the markets Regular.

Yamish

In a related context, the report of the Research Unit of the Chamber of Commerce, the high demand for the purchase of Yamish this year in the wholesale market, and considered that the Yamish commodity season this year, especially with the decline in prices markedly between 15% to 20%

Majid Tawfiq, deputy head of the perfumery division at the Cairo Chamber of Commerce, said that the decline in market prices this year by 15 to 20 percent in the market, with an increase in the stock of all kinds in the markets, contributed to the sales boom.

Tawfiq said in a statement to the "seventh day" that a large number of Yamish varieties fell as a result of the decline in the price of the dollar first and increase the supply of different species, as well as increase the production capacity of some species, noting that 80% of the Yamish imported and the rest local production.

The seventh day saw an increase in the demand for sweets this year for retail outlets. There was no comment from the sweets department at the Chamber of Commerce, on sales ratios and demand volume.

Children's clothing refreshes the demand for ready-made garments

On the other hand, Yasser Al-Sheikh, a member of the Clothing Division of the Chamber of Commerce, revealed that the sales of clothing is in limited demand during the second half of the current month of Ramadan compared to the past months, especially for children's clothing, noting that the demand for the clothing of the holiday is relatively limited compared to last year.

He added that the demand for clothing during the current season as a whole (winter and summer) witnessed a noticeable decline of between 30 and 40% due to the high prices, pointing out that the simultaneous purchase of clothes with the purchase of holiday supplies of cakes and jealousy affects The market is negative.

He pointed out that the sales of clothing for the winter season was not good in light of the continued stagnation of the market for nearly two years, as a result of the suffering of the market from the state of inflation and imbalance between income and spending for consumers, which affected the purchasing power, pointing out that the conditions of the clothing market Will gradually adjust, if we measure the situation now in the period following the liberalization of the exchange rate.

Demand for fish declined

Ahmed Jafar, head of the fish division at the Cairo Chamber of Commerce, revealed a significant drop in demand for fish during the month of Ramadan, as a result of the Egyptian families going to buy other foods, whether meat or chicks.

Jafar said in a statement to "the seventh day", that after the passage of nearly the first 10 days the demand begins to return to fish, but the consumption of fish throughout the month of Ramadan is weak, especially that the season of smell Alnasim followed immediately the month of Ramadan.

High productivity of poultry farms

On the other hand, the head of the poultry division, Abdul Aziz al-Sayed, revealed that the production capacity of the farms increased by between 25 and 30% because all the people who came out of the poultry system due to the winter and the spread of epidemic diseases returned again with the improvement of the weather and readiness for Ramadan, loss.

He added: "During Ramadan, the production capacity of farms increased, and the annual output of poultry is about 2.2 million birds, which is the result of regular commercial education, unlike rural production, which accounts for 20-25% of the annual production value. Of the season, "pointing out that demand was high this year.

(tagsToTranslate) Commodity Prices (t) Ramadan Commodities (t) Food Commodities (t) Yamish Ramadan