Egypt lowers wheat import target by 17% YoY in 2024

The Egyptian government has lowered its target for importing wheat from abroad this year by 17% year on year (YoY) to 5 million tons from its previous target of 6 million tons, Minister of Supply and Internal Trade Ali El-Moselhy told Asharq Business.
The government’s decision is backed by projections of a rise in domestic supplies, the minister noted.
One reason for lowering the wheat import target is raising the local supply target for the current season to 3.7 million tons from 3.5 million tons, Moselhy stressed.
The minister ascribed the rise in local wheat supplies to the elevated price of crop this year.
“So far, we have collected 3.4 million tons of domestic wheat, and we hope to achieve the new target,” Moselhy pointed out.
Read also
Connecting Industry Leaders: Highlights from BLACK SEA OIL TRADE-2025
Kyrgyz Authorities Push for Expanded Winter Wheat Cultivation
India’s vegetable oil imports will rise to record levels
Harvest delays in Kazakhstan lead to deteriorating wheat quality
Global prices for palm and soy oil to rise in early 2026, sunflower oil to drop – ...
Write to us
Our manager will contact you soon