Koshary Prices Soar by 31% Since 2021

August 10, 2022

 

The price of Koshary has soared by almost 31% since the end of 2021 because of the rising prices of agricultural commodities.

Koshary is a staple Egyptian street food made up of rice, pasta, orzo, chickpeas, lentils, onions, tomato paste, and garlic. Its traditionally low-cost ingredients make it widely affordable to the masses. 

The Russia-Ukraine war has strained global supply chains, putting more pressure on basic commodities. However, it is not the sole factor.

Many countries, including China, are stockpiling food reserves to secure their food supply. This negatively impacted global supply chains as importing nations increased dependency on food-producing countries like China, the USA, Brazil, India, Russia, and Ukraine.

“The effects of climate change are disrupting the harvest season adding extra strain on the global supply chain,” said Tarek Ibrahim, global commodities trader, and food security expert. 

Reporting and video production by Nour Eltigani.