THE IMPACT OF BIOFUELS PRODUCTION IN THE WORLD ON THE PRICES OF EGYPTIAN IMPORTS OF FOOD COMMODITIES | ||
| Egyptian Journal of Agricultural Research | ||
| Article 27, Volume 96, Issue 4, December 2018, Pages 1689-1702 PDF (557.96 K) | ||
| Document Type: Original Article | ||
| DOI: 10.21608/ejar.2018.143366 | ||
| Authors | ||
| OMAR A. BADR; WAGEEH ABD. FARRAG; NAGLAA EL-SA. SHABAN | ||
| Agricultural Economics Research Institute , ARC, Dokki, Giza. | ||
| Abstract | ||
| Vthe natural sources of energy such as oil, coal and all other fossil fuels, bio fuels is defined as an energy that derived from living organisms, whether plant or animal, the production of bio fuels is consumed with about , and about 9% of the quantity produced of the oils to produce biodiesel, which will rise to 20% by 2018. And that 2% of the total area of crops in the world, used in the production of bio fuels will rise to 4% by 2030. The study problem can be summarized of the rise in petroleum prices from $49 a barrel in 2000 to 146 dollars in 2015, and are the major countries trying to extend its influence on the Middle East states that producing petroleum during internal conflicts of these States, as well as to the orientation of the major countries to produce bio-fuel from plant oils, which leads to a lack of world supply, which had a negative impact on the imported states of the plant oil crops in raising the prices of plant oil crops. The study aims to identify the impact of bio fuels production in the world on import prices of Egypt from strategic food commodities from plant oil . As for the development of self-sufficiency ratio of plant oil it decline significant statistically of about 10.04% of the average period of about 45.8% as the local global, price and the import price for plant oils they are an increase significant statistically by about 4.1%, 5.8% and 9.5% respectively of the average study period of about 553, 910, 1658 dollar/ton. Study of the impact of the world price of a barrel of oil, the net amount of the global biodiesel produced the total elasticity to the function reached about 1.56, that is, an increase of the world price of a barrel of oil, 10% would lead to an increase in the biodiesel production with 15.6% . The study showed that the quantity world biodiesel plant oil, of the most important factors affecting the Egypt important prices the total elasticity reached about 0.25, that is, an increase in the net amount of biodiesel produced by 10%, will lead to an increase in the world price of plant oil by 2.5% during the study period . Studying the impact of the quantity of world production of biodiesel on the import price of plant oils, the total elasticity of function reached about 0.41, that is, an increase in the quantity of world production of biodiesel with 10%, will lead to an increase in the import price of plant oils by 4.10% during the study period. The study showed that the most important factors affecting imports of plant oils in Egypt with increasing the quantity of domestic consumption by 10%, will lead to an increase in the quantity of Egypt's imports of plant oils with about 7.9%, and an increase in the quantity of world production of biodiesel, will lead to increase Egypt's imports of oils with about 5%RECOMMENDATIONS: The study recommends with 1.It is necessary of the ministry of Agriculture to concentrate in its policy on raising the rate of self-sufficiency of plant oil crops. 2. It is must be working diversifying the sources of import markets, plant oil crop from throw studying the world markets or support the farmers to cultivating the oil crops 3. Studying the increasing of the domestic price per ton of oil crops to encourage the farmers to grow these crops to force the world increasing in prices. 4. Studding the possibility of cultivation the oil palm that could contribute to achieving the rate of self-sufficiency of the plant oil for Egypt. 5. Activation the application of the contract farming system for oil crops through cooperatives or agricultural development bank so as to ensure the farmers from marketing his crop. | ||
| Keywords | ||
| BIOFUELS PRODUCTION; FOOD COMMODITIES | ||
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