MAXIMIZATION OF EXPORTAL RETURN FOR THE MOST IMPORTANT EGYPTIAN MEDICINAL PLANTS IN GLOBAL MARKETS

Authors

1 Dept. Econ. and Rural Develop., Fac. Environ. Agric. Sci., Suez Canal Univ., Arish, Egypt.

2 Dept. Agric. Econ., Fac. Agric., Tanta Univ., Egypt.

Abstract

The paper aims to maximize the exports of the most important crops of medicinal and aromatic plants using linear programming method based on the descriptive and quantitative analysis using unpublished data from the Central Agency for Public Mobilization and Statistics. Results found that the expected revenue of the exports of those crops, which amounts to about L.E. 78.7, 40.6, 17.8, 33.6 and 10.8 millions at the rate of change was about 19.8%, 11.9%, 18.8%, 17.8% and 29.7% for Fennel. Caraway. Coriander. Cumin, Anise crops, respectively for the average of period (2008-2012). There is no doubt that the increases of expected returns from these combined crops. Which are amounting to about L.E. 27.7 millions, which will contribute to the reduction of the deficit in the Egyptian agricultural trade balance. As it also encourages the production of these crops in the local markets.

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Main Subjects