Egypt wheat imports expected to rise
Egypt’s wheat imports in marketing year 2023-24 are forecast to increase by 3%, to 10.8 million tonnes, but would still rank below the 10-year average, according to a Global Agricultural Information Network report from the Foreign Agricultural Service of the US Department of Agriculture (USDA).
The country is estimated to import 10.5 million tonnes of wheat in 2022-23, the lowest level in eight years due mainly to the economic fallout from the war in Ukraine, which the USDA said, “generated an ongoing foreign currency challenge, causing disruption for Egypt’s wheat trade.”