Investigating the impact of the Russian-Ukrainian conflict on the Egyptian market: insights from multiple sectors

Tarek Fatouh, Engy Bayoumi, Micheal Orloff

Abstract


Purpose: This research aims at investigating the impact of the Russian-Ukrainian war on the supply chain processes in the Egyptian market. In addition to developing contingency plans that could guide the Egyptian stakeholders in achieving efficient and resilient supply during crises.

 

Design/ Methodology/ Approach: Published reports and statistical records concerning the Russian-Ukrainian war and its impact on the supply chain disruption in Egypt are reviewed. Upon this, a focus group is conducted with the Egyptian stakeholders, including high-level participants from the government, and industrial representatives from the Egyptian Chamber of Commerce to investigate the current situation in Egypt. In addition, three semi-structured interviews with Egyptian market representatives, including representatives from the food sector, oil and gas sector, and the Egyptian tourism sector, help the Egyptian market stakeholders overcome those supply chain complexities.

 

Findings: They showed that the most affected markets are the food market, the tourism sector, and the oil and gas sector. Which, a SWOT analysis technique is used to show the major strengths, weaknesses, threats, and opportunities in the Egyptian market. In addition, a concluded road map is presented to producers and service managers to guide and upgrade their strategic plans to face any unexpected situations in the upcoming years and to show the gap to future researchers.

 

Research Implications/ Limitations: The Egyptian market stakeholders in food, oil, and gas, and tourism must implement new strategies for adapting to and dealing with crisis management, renovating production operations plans, and satisfying their market needs.

 

Originality: The paper is the first to provide a comprehensive analysis and evaluation of the impact of the crisis and the Russian-Ukrainian conflict on the Egyptian market, as well as new alternative and contingency plans to assist Egyptian stakeholders in mitigating its negative consequences.

 

Keywords: Russian-Ukrainian conflict, supply chain, Egyptian market.

Keywords


Russian-Ukrainian conflict, Egypt, market

Full Text:

PDF

References


Beaubien, J. (2022). "Russia's invasion of Ukraine may cause havoc for wheat-importing Mideast nations", https://www.npr.org/2022/02/25/1082893801/russias-invasion-of-ukraine-may-cause-havoc-for-wheat-importing-mideast-nations, [Retrieved 2022].

Chaunhan, T. (2020). "Why Are Warm-Water Ports Important to Russian Security? The Cases of Sevastopol and Tartus Compared", European, Middle Eastern, & African Affairs, 57-75.

Cuervo, F., Namen, I., Pabon, F., Palacio, C., (2010). “Humanitarian crisis: When supply chains really matter”, Conference: 28th International Conference of the System Dynamics Society, in Seoul, 1, 1-39.

Diallo, M., & Kaswengi, J. (2018). “In times of crisis: Perspectives and challenges of the 21st century”, Nova Science Publishers, New York, 1-170.

Dubey, R., & Gunasekaran, A., (2016). “The sustainable humanitarian supply chain design: Agility, adaptability and alignment”, International Journal of Logistics: Research and Applications, 19, 62-82.

Elwakkad, D., & Deselnicu, D., (2021). “Egypt’s Participation in the Global Value Chain: A Proposed RoadMap”, International Business Logistics Journal (IBL), 1(2), 39-54.

Foreign Agricultural Service, (2022). “The world’s top wheat exporters”, United States Department of Agriculture, https://apps.fas.usda.gov/esrquery/egraph5y.aspx, [Retrieved 2022].

Galal, H., (2021), “value of wheat imports in Egypt”, Statista, https://www.statista.com/statistics/1079054/egypt-value-of-wheatimports/#statisticContainer, [Retrieved 2022].

Hittle, B., & Leonard, M., (2011). “Decision making in advance of a supply chain crisis”, Management Decision, 49(7), 1182-1193.

Goshwami, S. (2022, February 26). "Russia-Ukraine War News- Developments so far, US & Nato Reaction". DMER (Digital Mentor for Education & Recruitment), https://dmerharyana.org/russia-ukraine-war/, [Retrieved 2022]

Jones, S. (2022). "Russia’s Possible Invasion of Ukraine" Center for Strategic and International Studies, https://www.csis.org/analysis/russias-possible-invasion-ukraine, [Retrieved 2022].

Karadima, S., (2022), " What impact will the Russia-Ukraine conflict have on the tourism industry?", Investment Monitor, https://www.investmentmonitor.ai/special-focus/ukraine-crisis/russia-ukraine-conflict-impact-tourism-industry, [Retrieved 2022].

Kovács, G., Sigala, I., (2021). " Lessons learned from humanitarian logistics to manage supply chain disruptions", Journal of Supply Chain Management, 57(11), 1-9.

Ponisa, S., Ntalla, A., (2016). " Crisis management practices and approaches: Insights from major supply chain crises", 3rd global conference on business, economics, management and tourism, 26-28 November, Rome, Italy, 668 – 673.

Puwanendram, D., & Ganeshan, K., (2021). "Toursim supply chain and crises management" International Journal of production Research, 2154-2172.

Singh, D., (2022). " Russia-Ukraine war: How rising crude oil prices impact us in ways we don’t quite notice", India Today Magazine, https://www.indiatoday.in/world/russia-ukraine-war/story/russia-ukraine-war-how-rising-crude-oil-prices-impact-us-in-ways-we-don-t-quite-notice-1925206-2022-03-14, [Retrieved 2022].

Swanson, A. (2022). "Ukraine Invasion Threatens Global Wheat Supply" , The New York Times, https://www.nytimes.com/business/ukraine-russia-wheat-prices/, [Retrieved 2022]

Tanchum, M., (2022). "The Russia-Ukraine War has Turned Egypt's Food Crisis into an Existential Threat to the Economy", The Middle East Magazine, https://mei.edu/publications/russia-ukraine-war-has-turned-egypts-food-crisis-existential-threat-economy, [Retrieved 2022].

Terazono, E., Evans, J., Lockett, H., (2022), "Russia attack on Ukraine set to hit global food supply chains", financial times, https://www.ft.com/content/c0c9fe20-e219-45d4-b029-2cfbaf86a755, [Retrieved 2022].

Trading economics, (2022). "The Egyptian Imported Commodities", https://tradingeconomics.com/egypt/indicators, [Retrieved 2022].

Trading economics, (2022). "Crude oil prices", https://tradingeconomics.com/commodity/brent-crude-oil

Tsiamas, K., & Rahimifard, S., (2021). "A simulation-based decision support system to improve the resilience of the food supply chain", International Journal of Computer Integrated Manufacturing, 34(9), 996-1010.




DOI: http://dx.doi.org/10.21622/ibl.2022.02.2.083

Refbacks

  • There are currently no refbacks.


Copyright (c) 2022 Tarek Fatouh, Engy Bayoumi, Micheal Orloff

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

International Business Logistics
E-ISSN: 2735-5969
P-ISSN: 2735-5950

Published by:
Academy Publishing Center (APC)
Arab Academy for Science, Technology and Maritime Transport (AASTMT)
Alexandria, Egypt
ibl@aast.edu