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On May 3, 2018, the Central Bank of Egypt amended their requirements on transfer of import documents.
FAS Cairo forecasts Egypt’s marketing year (MY) 2018/19 (October-September) milled rice production to drop to 3.3 million metric tons (MMT), down 1 MMT from the MY 2017/18 estimate.
There are over 7,000 food processing and manufacturing companies in Egypt, generating sales of $22.2 billion in 2017 (up 55 percent compared to 2016).
After years of declining production, Egyptian cotton is again on the rise.
FAS Cairo forecasts refined sugar production in MY2018/19 to increase by approximately five percent or 115,000 metric ton (MT) to reach 2.44 million metric tons (MMT)....
On February 2, 2018, Egypt’s General Authority for Supply Commodities (GASC) issued updated requirements for suppliers wishing to participate in government tenders for wheat procurement.
On January 21, 2018, the Egyptian government gave Upper Egypt sugarcane farmers a financial boost.
Egypt’s soybean imports in marketing year (MY) 2018/19 are forecast at 2.8 million metric tons (MMT), up 400,000 MT from the MY 2017/18 estimate of 2.4 MMT.
FAS Cairo forecasts Egypt’s wheat production in marketing year (MY) 2018/19 (July-June) to reach 8.45 million metric tons (MMT), up by 4.3 percent compared to marketing year 2017/18.
The Egyptian Chamber of Food Industries (CFI) indicates that there are over 7,000 food manufacturing companies operating in the country.
Egypt imported some $4 billion worth of food ingredients in 2017.
The report lists and describes certificates that should accompany food and agricultural products to Egypt.