Economic and Environmental Assessment of Sugar Beet Production and Processing in Egypt

Document Type : Original Research Paper

Author

Department of Environmental Agricultural Sciences, Institute of Environmental Studies and Research, Ain Shams University

Abstract

The 2030 sustainable agricultural development strategy aimed to increase the produced amount of sugar to about 3.5 million tons by increasing the area planted with sugar beet to reach 800 thousand feddans by 2030 to cover the sugar gap, so the research aims to conduct an economic and environmental assessment of sugar production from sugar beet In Egypt. An evaluation of the financial performance of the Delta Sugar Company for the period (2014-2018) was conducted which showed an increase in the company's ability to fulfill its short-term financial obligations, Fixed assets cover long-term loans, high annual average fixed assets turnover, the company's efficiency in using current assets in the production process and generating sales from them. The company's economic evaluation also revealed that the average net return of the pound amounted to about 0.48 pounds, and the average capital productivity was about 1.55 pounds, and the average productivity of wages was about 5.59 pounds as an average for the period, and the added value of beet processing was about 356.4 million pounds. Through SWOT analysis, the weighted points for the elements of the internal and external environments showed a competitive level at 2,971 for the internal environment and about 3.048 for the external environment. The higher weighted points for the external environment over the weighted points for the internal environment confirm the possibility of expanding sugar production from sugar beet.

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History

  • Receive Date: 20 November 2020
  • Revise Date: 19 January 2021
  • Accept Date: 04 January 2021

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