Economic impacts of COVID-19 on potatoes crop prices and its seasonal changes in Egypt

Document Type : Research article

Authors

Department of Agricultural Economics, Faculty of Agriculture, Al-Azhar University, Assuit, Egypt

Abstract

This research aims to identify the economic impacts arising from the COVID-19 on changes in the domestic and export prices of the Egyptian potato crop, to reach results that help policy makers and decision makers in Egypt. The results showed the positive impact of COVID-19 on the domestic prices of the potatoes crop, likewise, there stayed a monthly increase statistically significant at 0.01%, reached 2.17 pounds per kg of potatoes. The results also showed that the fluctuations in the monthly domestic prices of the potatoes crop achieved lowest level in June of each year, where the seasonal change index reached 0.86, while it achieved the highest-level during October and November, where the seasonal change index reached 1.13. In addition, the fluctuations in the export prices of the potatoes crop reach its lowest level in September of each year, where the index of seasonal change amounted 0.9, while it reached its highest level during the month of November, where the index of seasonal change reached 1.2.

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