Egypt: Mostakbal Misr has supplied 1.1 mln tons of wheat to GASC since December 2024
The state agency Mostakbal Misr has supplied 1.1 mln tons of wheat to GASC since December 2024, most of which came from Russian private sellers, and the rest was purchased from Egyptian traders and intermediaries. However, the GASC did not say when the 1.1 mln tons of wheat arrived in Egypt.
Egypt is one of the largest buyers of wheat in the world, and government purchases are closely monitored by the market. Mostakbal Misr replaced GASC as the buyer at the end of 2024. But the absence of known tenders since then and uncertainty about private purchases have made it difficult to assess flows, especially from key Black Sea suppliers.
According to Bloomberg, Egypt plans to import 5-6 mln tonnes of wheat for its subsidized bread program in 2024/25 season, with total wheat imports expected to reach 12.5 mln tonnes.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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