94.1FM 3WBC – Egypt Australia Radio Show [ EARS ] with Jerry Guirguis interviewing Mr. Atef Tadros,

Principal and Founding Director at TK & Danny, Cairo Egypt on Monday 18 March 2024.

Mr. Atef Tadros founded the company TK & Danny in 1996 in Egypt, with a mission to clarify and facilitate operations between both the suppliers and the buyers.

TK & Danny, Grows and trades in fresh produce and brokerage of dried food and special crops.

Mr. Tadros and his team, are hands-on expert consultants in the MENA region and are Very well regarded.

Listen and Watch YouTube interview NOW !    [ https://youtu.be/iFXcI1I63Iw ]

Hi and Welcome Mr. Tadros, …………………….

can I start by highlighting these figures   …………..

Australian Faba beans and other Legumes, exported to Egypt, is one of the great and On-Going trading & partnership stories between Australia and Egypt

            In 2016, Egypt imported ~ about 300,000 tons of Fab beans from Australia to the value of $180 Million, [ 300,000 x $600/ton ]

                                                                                                                                                                       $199 Million,

         In 2021………………………………………………………………………………………………...……… $215 Million

                                                                     The long term avg value for Faba beans ~     $300/tonne [ 2014 ]

                                                                                                                                         $400/tonne

                                                                                                                                         $600/tonne [ 2016 ]

               With the recent devaluation of the Egyptian pound against USD [ 1 USD ~ = 50 EGP ],

Q1]         How will this affect the trade?

                     Houthis effect on the Red Sea shipping line,

[ 2021 ~ 2022 Post Covid ] there was a shortages of shipping containers,

         a number of Australian states suffered torrential rain 2023 and Faba beans yields were down, ……..

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United Nations, declared 10th February, is the International day of Pulses.

Australian farmers supply 90% of Faba Beans to the World market, in fact, 75% of Australian faba beans is shipped ONLY to Egypt

[ FAO ] UN Food and Agriculture Organization, project between 500,000 ~ 1.5 million tons Faba beans will be in demand annually

Globally, ~ about 4 million tons of faba beans is consumed annually.

even though, China produces ~ 2 million tons, it also consumes ~ about 1.6 million tons,

then the next lovers of Faba beans are the Egyptians, Ethiopia, Sudan, and Morocco. 

We said, the biggest producer of Faba beans are the Chinese, ~ about 2 million tons is produced annually,

followed by Ethiopia, United Kingdom (U.K.), Australia and then France.

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Q2]      Faba beans is Faba beans, right !,

so what’s the difference between the Faba Beans exported from Australia, to the Faba beans that’s locally grown in Egypt and from other

countries ?    France / UK / Baltic countries [ Latvia, Estonia and Lithuania ]   ?

We know Fuul Medames is Faba beans cooked slowly to perfection, and those delicious Falafels are made from Broad beans

Q3]      What percent of Australian Faba beans that’s imported into Egypt is allocated for Egyptian consumption?

                        Sold to Canning food factories, Animal feed, Fisheries and Aquaculture [ Aquafeeds ] , Protein extraction from Faba bean

            Egypt is known for its natural fertile farming lands

Q4]      How can the Australian/Egyptian farmers exchange R&D knowledge to get the best Faba beans and other legumes yields around the world ?

                        Trip Discovery / Farming Exchange programs

Q5]      How are the Egyptian & Australian governments working together in growing this trade ?

                        Agricultural Science and research, Capital Investment [ Canning factories & food production plants ], Food Security & Biosecurity

             Egypt holds an annual Food Africa Cairo trade event around December

 Australia also puts on similar Grains/Pulses & Legumes events around June

Q6]       Will you be attending these upcoming conferences?

and what would you like to see at these events ?

Best Regards

Jerry Guirguis

Presenter

94.1FM 3WBC [ www.3wbc.org.au/LISTEN ]

94.1FM – Egypt Australia Radio Show [ EARS ]

94.1FM - Downtown

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