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FAS Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2021/22 (July – June) at 12.4 MMT, up from the previous marketing year estimate due to higher consumption driven by population growth.
The Philippines imports 99 percent of its dairy requirement as domestic production cannot meet the annual demand of 2.9 million metric tons (MT) liquid milk equivalent, according to the National Dairy Authority (NDA).
The National Food Safety Authority continues to develop standards and procedures regulating food safety in Egypt. On June 2, 2021, the National Food Safety Authority Board of Directors approved mandatory technical regulations on the permissible residue levels of pesticides for food of plant and animal origin.
Post maintains Marketing Year 2021/22 (September/August) sugar production at 2.1 million MT, 2 percent lower than the previous year.
Post expects the Philippine food service sector to shrink by a further 13 percent to $7.4 billion in 2021, following its 44 percent decline in 2020. With the spread of the Delta variant of COVID-19, people are hesitant to return to restaurants.