Egypt’s Imports of Wheat Continue to Decline from Beginning of 2022
Egyptian imports of wheat continued to decline for the second month in a row since the beginning of 2022, as Egypt’s imports of wheat recorded about $175.9 million in the month of February, while these imports amounted to $ 341 million in February 2021.
Data from the Central Agency for Public Mobilization and Statistics (CAPMS) said that Egypt’s imports of wheat came among the list of Egyptian imports of raw materials, which totaled about $ 853.2 million last February, compared to $ 1.31 billion in the same month in 2021.
The local production of the wheat crop has reached record levels, according to what Prime Minister Dr. Mustafa Madbouly announced.
He said that this year for the first time in the history of Egypt we reached the production of 10 million tons of wheat, compared to last year.
Watch the webinar recording ‘War in Ukraine. Grain & Oilseed Crop Forecast-2022’
The forecast for soybean sowing in the US was lowered, and corn – raised, bu...
Egypt bought wheat at a reduced price, and stock quotes fell by 4-5%
Ukraine started harvesting rapeseed
Importers’ demand for Ukrainian grains
Write to us
Our manager will contact you soon