Egypt: Oilseeds and Products Annual
Marketing year 2020/21 was another record year for U.S.-origin soybean exports to Egypt. The United States, with 2.53 MMT in exports, was Egypt’s largest supplier of soybeans. Egypt’s soybean imports in marketing year (MY) 2022/23 (October-September) are forecast at 4.0 million metric tons (MMT), up 400,000 MT from the MY 2021/22 estimate. Soybean meal consumption in MY 2022/23 is forecast at 3.5 million metric tons. FAS Cairo forecasts Egypt’s soybean, sunflower, and palm oil consumption for food and industrial use in MY 2022/23 at about 2.65 MMT, up 4.7 percent compared to the MY 2021/22 volume of 2.53 million metric tons.