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- (-) November 2015
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Egypt’s food processing is a very dynamic sector, averaging a compound annual growth rate of 12 percent in the last 5 years.
Fresh and chilled/frozen pork consumption in Hong Kong is forecast to maintain a stable level in 2015 and 2016, however, fluctuations in re-export demand could influence overall import levels.
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.
U.S. wine exports to Hong Kong continue to show a positive trend, with sales over $65 million in 2014, despite keen competition from global competitors. Hong Kong’s wine re-export trade grew 17%...
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.