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Posts forecasts that marketing year (MY) 2022/23 rice production will increase for the third consecutive year due to available water supply and abundant precipitation. High prices of chemical fertilizers and other inputs will likely impact corn production and yield as farmers apply less chemical fertilizer this season.
On May 16, the National Food Safety Authority (NFSA) issued Decision of Board of Directors No. 6/2022 concerning the binding technical basis for maximum residue levels (MRLs) for chemical contaminants in food, made effective the day following its publication in the Egyptian Chronicles.
On December 19, 2021, Egypt’s National Food Safety Authority (NFSA) released Decision No. 10/2021, the Provisions of Recognition of the Control System Applied by the Exporting Country Competent Authorities in the Context of Imported Food Control. The decision was made effective the day following its publication in the Egyptian Chronicles – Annex 1: unofficial translation is included herein.
Rice export prices decreased 1-2 percent due to the weakening of the Thai baht.
Egypt notified of new halal requirements and procedures for food products. This was disclosed via a Technical Barriers to Trade (TBT) third addendum notification to the World Trade Organization (WTO). Neither the notification's commitment to the commenting period nor its entry into force date are specified.
On December 19, 2021, Egypt’s National Food Safety Authority (NFSA) released Decision No. 9/2021, Handling of Imported Food Consignments Subject to Temporary Release, made effective the day following its publication in the Egyptian Chronicles – Annex 1: unofficial translation is included herein.
The successful physical U.S. pavilion at Thaifex Anuga Asia 2022 featured a variety of U.S. food and beverages products and partnered with nine U.S. cooperators and one state department of agriculture as well as 16 importers. Thaifex Anuga Asia was well attended this year with over 51,000 visitors.
Rice export prices increased 2-4 percent due to the appreciation of the Thai baht.
Rice export prices remain unchanged despite the strengthening of the Thai baht.
Rice export prices increased one percent due to the strengthening of the Thai baht.
Egypt imported some $3.8 billion worth of consumer-oriented products in 2021. This is a decrease of 8.67 percent from 2020 imports of $4.1 billion. The United States was the third largest exporter to Egypt with approximately $243 million in exports accounting for roughly 6 percent market share. This is an increase of about 19 percent from 2020 export value of $204 million.