Egypt: Oilseeds and Products Annual
Soybean imports are expected to reach 1.97 MMT, reflecting additional crush capacity and soy meal demand. Post forecasts an increase in total meal consumption by 4.6 percent in MY 2015/16 to meet the needs of the growing poultry, livestock and aquaculture sectors. Total oil consumption is expected to grow by 2 percent in MY 2015/16 in line with population growth and the new subsidy program using smart cards. Palm oil imports are expected to continue to grow.