Egypt's wheat imports declined by 4.3 million tons in 8 years

Published 2022년 3월 14일

Tridge summary

Egypt's wheat imports have decreased to 10.6 million tons in 2021 from 14.9 million tons in 2014, with 15 countries contributing to the supply. The country's wheat production is projected to rise to 10 million tons in 2022, with an 11.1% increase from the previous year. The US Department of Agriculture commends Egypt for expanding storage capacity and implementing new silos, a move expected to reduce imports and cushion rising wheat prices. The government is also taking steps to increase wheat cultivation and implement incentive policies for farmers.

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Original content

A report by the Media Center of the Council of Ministers revealed a decline in Egypt’s imports of wheat, recording 10.6 million tons – preliminary statement – in 2021, compared to 14.9 million tons in 2014. According to the report, there is diversification of wheat import sources, as there are 15 sources of wheat supply, namely Russia Ukraine, Romania, France, the United States of America, Australia, Argentina, Kazakhstan, Serbia, Bulgaria, Hungary, Paraguay, Germany, Poland and Latvia. . Regarding the state’s efforts to reduce the gap between production and import, the report indicated that Egypt’s wheat production is expected to reach 10 million tons in 2022, compared to 9 million tons in 2021, an increase of 11.1%, in addition to an increase in the area of wheat planted by 7.4%, as It reached 3.65 million feddans in 2022, compared to 3.4 million feddans in 2021. Read also: Russian warnings to ban wheat exports, starting tomorrow, March 15th The ...

Source: Amwalalghad