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News on Developments in Agriculture and Food in Egypt.
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.
In MY2015/2016, Egypt is likely to remain the world’s largest orange exporter. Post forecasts exports to increase by 8 percent or 100,000MT to reach 1.3 MMT from the previous season.
News on developments in agriculture and food in Egypt.
The Food and Agricultural Import Regulations and Standards (FAIRS) report provides an overview of the food laws and regulatory environment in Egypt as it relates to U.S. food and agricultural exports.
Egypt’s food processing is a very dynamic sector, averaging a compound annual growth rate of 12 percent in the last 5 years.
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.
Egypt’s government has backtracked on the policy of eliminating cotton subsidies to the sector and has allocated cash subsidies valued at LE 261.7 million to buy the MY2015/16 cotton crop.