Egypt’s wheat imports fall by 21%
In 2024/25, which ended in June, Egypt imported 4.5 million tonnes of wheat worth $1.2 billion, Reuters reports. Compared to 2023/24, wheat imports fell by 21%.
Egypt is the world’s largest wheat importer. The government typically imports about 5 million tonnes of wheat annually to maintain its strategic reserves and subsidized bread production. Another 7 million tonnes are imported through the private sector.
Subsidized bread production requires about 8 million tonnes of wheat per year. During the latest procurement campaign, which ended in August, the government purchased 3.9 million tonnes of wheat from local farmers. The government had planned to purchase 4 to 5 million tonnes, which is about half of the harvest, which is approximately 10 million tonnes.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Romania loses new sunoil export markets, due to lower availability of sunseed
Ukraine launches catalog of domestic agro-processing equipment
China exported a record amount of soybean oil in October
Kazakhstan. A new seaport will be built in Aktau
Zelensky implements sanctions on Russian ships exporting food from occupied ports
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon