Egypt's Fayoum Sugar Industry Imports 51,000 tons of Brazilian raw sugar this year at $24.6 million
Sugar
Egypt
Published Mar 3, 2023
Tridge summary
Salah Fathy, managing director and head of the Fayoum Sugar Industry Company affiliated to the Ministry of Supply, revealed that 51,000 tons of Brazilian raw sugar were imported this year to produce about 48,000 tons of white sugar, at a value of $24,600,000.
During a tour of the company's factory in Fayoum Governorate, Fathi confirmed that his company is refining from 50 to 100 thousand tons of crude in its factories, stressing that other quantities will be imported according to the market's needs.
He said that the local production of sugar, whether from cane or beet, covers about 90% of consumption, while the remaining 10% is provided by importing raw sugar from the raw and refining it in factories to cover all needs.
He pointed out that Egypt consumes about 3.3 million tons of sugar annually, while about 2.8 million tons of sugar (cane/beets) are produced annually, and 500,000 tons are imported through the General Authority for Supply Commodities.
He explained that the company's imported raw quantities are refined in national factories, at the rate of 300,000 tons at the Hawamdiya factory of the Sugar and Integrated Industries Company, while the remaining 200,000 tons are refined in other factories.
Original content
Salah Fathy, managing director and head of the Fayoum Sugar Industry Company affiliated to the Ministry of Supply, revealed that 51,000 tons of Brazilian raw sugar were imported this year to produce about 48,000 tons of white sugar, at a value of $24,600,000. During a tour of the company's factory in Fayoum Governorate, Fathi confirmed that his company is refining from 50 to 100 thousand tons of crude in its factories, stressing that other quantities will be imported according to the market's needs. He said that the local production of sugar, whether from cane or beet, covers about 90% of consumption, while the remaining 10% is provided by importing raw sugar from the raw and refining it in factories to cover all needs. He pointed out that Egypt consumes about 3.3 million tons of sugar annually, while about 2.8 million tons of sugar (cane/beets) are produced annually, and 500,000 tons are imported ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.