Egypt may increase wheat imports by 15% in 2023

Published 2024년 1월 8일

Tridge summary

Egypt's wheat imports will increase by 14.5% in 2023, with the country importing 11 million tons, compared to 9.6 million tons in 2022. The number of organizations importing wheat to Egypt has increased to 45, up from 31 in 2022, with the main importer being the Goods Supply Authority (GASC). The Minister of Internal Trade of Egypt, Ali Moselhi, stated that the region has enough wheat supply to meet domestic consumption needs for 4.8 months, and in the beginning of 2023, the export of Ukrainian wheat to Egypt decreased by 204.3 thousand tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2023, Egypt will see a 14.5% increase in wheat imports, up to 11 million tons. In 2022, the country imported 9.6 million tons of grain. The Minister of Internal Trade Regulations and Internal Trade to Egypt, Ibrahim Ashmaw, informed Ahram Online about this. 5 million tons of foreign goods were supplied to the utmost for the government's needs. The number of organizations that import wheat to Egypt has recently increased to 45, including both state-owned and private sectors, with an equal number of 31 organizations in 2022. The main importer was the Goods Supply Authority (GASC). Ibrahim Ashmavi concluded that last year the country closed about 80% of its wheat imports through the grain corridor. In addition, after the adoption of this action, trade through the Black Sea ports became more complicated. Recently, the Minister of Internal Trade of Egypt, Ali Moselhi, noted that in the region there is a sufficient ...
Source: Elevatorist

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