Egypt’s wheat imports rise by 28.3% in H1 2024
Еgypt increased its wheat imports by 28.3% in the first half (H1) of 2024, an unnamed government official told Asharq Business.
Wheat imports hit 6.8 million tons during the first six months of this year, up from 5.3 million tons in the same period in 2023, the source noted.
This rise is attributed to the increased number of refugees in the country recently, pushing up the local consumption of wheat, a trader said, adding that wheat imports mainly grew due to the availability of the USD in banks over the past three months.
Read also
2026-2030 Economic Outlook: New Business Architecture
Competition and Biofuel Demand Are Transforming the Global Oilseed Market
China uses strategic sulphur reserves as a tactical buffer amid fertilizer supply ...
Rainfall disrupts Brazil’s soybean harvest, but output remains record-high
Egypt, Algeria and Indonesia are the leaders among buyers of Ukrainian wheat
Write to us
Our manager will contact you soon