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He said that Egypt is actively importing wheat to meet the demand brought by domestic population growth.
Egypt's wheat imports in 2020/21 will reach 13.
2 million tons.
GASC accounts for half of the purchases and is used for the bread subsidy program.
Egypt's wheat imports in 2020/21 will reach 13.
2 million tons.
GASC accounts for half of the purchases and is used for the bread subsidy program.
H.
Soliman said that in the past three years, Egypt has increased its Black Sea wheat purchases.
GASC imported 4.
6 million tons of Black Sea wheat in the 2020/21 fiscal year, including 3.
67 million tons of Russian wheat and 705,000 tons of Ukrainian wheat.
At the same time, Egypt’s demand for American wheat has fallen sharply due to high prices and long transportation routes.
Soliman said that in the past three years, Egypt has increased its Black Sea wheat purchases.
GASC imported 4.
6 million tons of Black Sea wheat in the 2020/21 fiscal year, including 3.
67 million tons of Russian wheat and 705,000 tons of Ukrainian wheat.
At the same time, Egypt’s demand for American wheat has fallen sharply due to high prices and long transportation routes.
He said that Egypt will continue to actively import wheat, because the annual growth rate of the Egyptian population is expected to be 2.
5%, which will bring in an additional 500,000 tons of wheat consumption.
He said that despite the increase in wheat prices after the implementation of export tariffs, Russia will still be Egypt’s main wheat supplier.
5%, which will bring in an additional 500,000 tons of wheat consumption.
He said that despite the increase in wheat prices after the implementation of export tariffs, Russia will still be Egypt’s main wheat supplier.
