Browse Data and Analysis

Egypt’s economy is rebounding registering its largest growth rate since the outbreak of the 2011 revolution, growing by 4.2 percent in FY 2014/15.

On September 7, 2014 the former Minister of Agriculture Dr. Adel El Beltagy issued Ministerial Decree # 1495 to reestablish the National Biosafety Committee (NBC).

Export prices declined around 1 percent. China agreed to buy an additional 1 million metric tons of Thai rice in 2016. Results for the tender for “rotten” rice have yet to be finalized.

Agricultural and Food Developments during the month of November 2015.

Water supplies for dry season are the lowest in history. Farmers continued to plant off-season rice despite a Government ban.

Export prices remained unchanged. Thirteen bidders participated in the first public tender for non-food grade rice for industrial uses on December 1.

Export prices declined around 1 percent. The Government will issue the first public tender for non-food grade rice for industrial uses on December 1.

Export prices were virtually unchanged from the previous week. The Government will issue a new public tender for non-food grade rice for industrial use by the end of November.

Egypt’s food processing is a very dynamic sector, averaging a compound annual growth rate of 12 percent in the last 5 years.

Despite the weakening Thai baht, export prices increased 1 percent as G-to-G agreement with Indonesia has been signed and shipments are beginning immediately.

MY 2015/16 wheat imports are forecast at 11.5 million metric tons (MMT) in line with USDA’s official estimate.

News on developments in agriculture and food in Egypt.