Ukraine has almost caught up with Russia in the Egyptian wheat market

Ukraine is strengthening its position in the Egyptian wheat market: by the end of September, its share almost equaled that of Russia. This growth is due to competitive prices, fast execution of contracts and more stable logistics, which significantly changed the balance of supplies in the Black Sea region. This was stated by Ahmed Elsebai, General Manager of Egyptian Swiss Group.

“The change was truly impressive. Russia is still the main supplier, but its share fell from 74% in 2024 to 56% this year. However, the real story is Ukraine. Its share doubled to 30%, and in September 2025 it almost equaled Russia — 48% — which we have not seen before. And this is not a one-time anomaly. This is the result of competitive prices, fast execution and improved logistical reliability on the part of Ukraine,” he said.

According to Elsebay, France has also become more active, which is not surprising, given this season’s record harvest, which allowed French wheat to return more actively to several export destinations.

“So Egypt continues to be tied to the Black Sea region, but the composition of this tie is changing,” he added.

Tags: Ukraine, Egypt, wheat