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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).
Recent available data indicates that Saudi Arabia imported approximately 2.7 million metric tons (MMT) of barley in the first six months of MY 2022/23 (July – December 2022), an increase of approximately 11% compared to the same period last year (2.46 MMT).
Post forecasts MY 2023/24 wheat production at 3.3 million metric tons (MMT) and barley production at 1.4 MMT, in line with the previous season as climatic conditions are similar.
Morocco’s food processing sector plays an essential role in the Moroccan economy, accounting for 6 percent of Moroccan GDP and benefits from excellent infrastructure, world-class manufacturing facilities, and convenient access to neighboring African markets.
FAS Tel Aviv (Post) forecasts Israel’s wheat imports to reach 1.70 million metric tons (MMT) in marketing year (MY) 2023/24, a 2.8 percent decrease from Post’s MY 2022/23 figure.
Israel's reform to decentralize the control on toiletries and food will impact the import of processed food products.