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Total Saudi wheat imports for 2024/25 are forecast to reach 4.25 MMT, an increase of 2 percent over marketing year (MY) 2023/24.
On August 4, 2024, the Government of Israel published the “Tenth Amendment to the Protection of Public Health (Food) – 2015” legislation under the Food Reform Law, which adopted more than 40 new food directives and regulations aligning with European Union standards.
Israel is a net importer of all major categories of food products. The Israeli food retail sector was estimated to be $20.7 billion in 2023, and during the same year, Israel imported around $4.96 million of consumer-oriented products.
Egypt: Egypt Further Extends Deadline for Requiring Halal Dairy Certification Until December 31 2025
On September 19, 2024, the Government of Egypt filed an eighth addendum to the World Trade Organization's (WTO’s) Committee on Technical Barriers to Trade (TBT) -- G/TBT/N/EGY/313/Add.8 -- informing interested parties that the time period during which imported milk and dairy products that are not accompanied by a Halal certificate will be permitted to enter Egypt has been extended until December 31, 2025.
New Zealand has signed a free-trade deal with the United Arab Emirates - the fastest agreement the country has ever reached. After negotiations began in May, the country's trade negotiators concluded the deal in four months.
Against the backdrop of a series of global shocks, regional conflict, and the war in Ukraine, the Egyptian economy slowed down in 2024 and is projected to recover gradually in the coming years.
Post maintains Algeria’s cereal planted area and production estimates. Post estimates robust wheat imports for MY 2023/24, surpassing nine million metric tons (MMT).
This report provides an economic and market overview and practical tips for U.S. companies exporting to Morocco.
Israel has no policy restricting the use of imported genetically engineered (GE) commodities or derivative products. There have been no changes in Israel’s policy towards plant, animal biotechnology, and microbial biotechnology since 2022.
Post expects Morocco’s Tangerine/mandarin production for MY 2023/24 to reach an estimated 950,000 metric tons, increasing 3 percent over MY 2022/23, orange production should increase by 5 percent over the previous year to 820,000 MT, while lemon/lime production will reach 40,000 MT.
In marketing year (MY) 2023/24, FAS/Cairo forecasts fresh orange exports to reach 2.0 million metric tons (MMT) up from 1.6 MMT in MY 2022/23.
Global events have contributed to the devaluation of the Egyptian pound, high inflation, and a lack of foreign currency. Although Egypt had started to recover its tourism industry and economy after COVID-19, the Russian war in Ukraine contributed to a rise in food prices and a lack of forex.