Egypt plans to increase wheat purchases through GASC tenders

Egypt intends to purchase more than 5 mln tons of wheat this year through international GASC tenders, according to the Ministry of Supply and Domestic Trade.

According to Nassr Nomani, the adviser to the head of the ministry, the domestic consumption of the grain crop exceeds 20 mln tonnes per year. At the same time, the total production is just over 9 mln tons, and imports by the government and private sector are 11 mln tons.

“Wheat imports by the private sector increased by about 10% to 55% compared to 45% of the government’s imports, respectively,” he added.

Last year, Egypt purchased about 4.5 mln tons of wheat through GASC tenders, including almost 3 mln tons from Russia, 780 thsd tonnes from Romania, 360 thsd tonnes from France, 270 thsd tonnes from Bulgaria and 120 thsd tonnes from Ukraine.

Tags: tender, wheat, Egypt