Grain crisis in Arab countries

Published 2022년 7월 12일

Tridge summary

The article highlights the impact of the Ukraine war on the global grain market and specifically on North African countries, especially Egypt, which depends heavily on Ukrainian and Russian wheat imports. Despite Western sanctions against Russia, wheat imports from the country increased in March, and Egypt has also sourced wheat from other countries like France, Brazil, Lithuania, and Bulgaria due to the need to diversify its supply. However, the cost of transportation and unloading has increased due to rising oil prices, straining state coffers. The article also mentions the food security challenges faced by other countries in the region, such as Morocco's drought and Lebanon's critical wheat reserves situation.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Most of the Arab countries are seriously affected by the disruption of the world's grain supply by the war in Ukraine, but most of all the North Africans. The food price index of the UN Food and Agriculture Organization (FAO) increased by 17.1 percent in March compared to the previous month, so much did the world market price of wheat, corn and vegetable oils jump as a result of the Russian-Ukrainian war. According to data from the previous three years, the wheat exports of the two warring Eastern European countries together accounted for about 50 percent of the world's wheat exports: 30 percent for Russia and 20 percent for Ukraine. North Africa is the world's main wheat importing region. Within the region, Egypt tops the ranking list, followed by Algeria and Morocco. Most of the imported wheat is used to produce bread, which is considered a staple food in this region as well. 80 percent of Egypt's wheat imports last year came from Russia and Ukraine, thanks to the good quality ...

Source: magyarmezogazdasag