Egypt Faces Robusta Coffee Crisis Amid Currency Shortages and Market Impact in W49

In Egypt, the Robusta Type green coffee bean supply is in shortage due to a lack of USD currency at the National Bank of Egypt, making it difficult to secure the necessary dollars to meet the high coffee demand and address low stock. Consequently, buyers have turned to the black market, resulting in an increase in currency rates. This situation significantly affected coffee price stability in the domestic market, with the current price reaching approximately USD 5825.05/mt in W49, up from USD 5177.83/mt in W48.