ECONOMIC POTENTIALS FOR VEGETABLE OILS GAP NARROWING IN EGYPT

The main objective of the study was investigating the effectiveness of
various scenarios seeking vegetable oils promotion in Egypt, in trials to
narrow the gap nearly 82% of domestic consumption in average for (1998-
2004) . low production of oil crops seeds is most likely the cause for the oil
industry operational capacity drop nearly 25% . The most effective scenario
involves expanding area devoted to oil crops and their productivity in a rate
of 2% annually, and specifying about 1.4million tons of maize production to
oil extraction by 2010, gradually promoting the self sufficiency ratio to
38%.This also requires raising oil extraction rates for cotton seed to 18%, for
soybeans to 20%, 40%for sunflower and canola, and3%for maize.
Necessary actions for implementation require less acreage for rice and
certain vegetables, expanding corn area and establishing specific price
policy motivating oil crops producers and regaining their lost confidence in
the oil factories they deal with.