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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).
On October 18, 2022, Egypt’s National Food Safety Authority (NFSA) published Decision No. 16/2022, Food Traceability Requirements, in the Egyptian Chronicles, with an effective date of October 19, 2022. Unofficial translation provided below.
On October 18, 2022, Egypt’s National Food Safety Authority (NFSA) published Decision No. 17/2022, the Binding Technical Rules for Food Contact Materials and Articles, in the Egyptian Chronicles, with an effective date of October 19, 2022. Unofficial translation attached.
Since December 2022, rainfall across most of Iraq has been positive, expected to result in favorable yields and increased production for winter crops wheat and barley, with rice expected to rebound this summer for marketing year (MY) 2023/24.
Israel is a net importer of all major categories of food products. The United States is the top leading supplier of imported consumer-oriented agricultural products to Israel with a total of $444 million in 2022. The Israel food retail sector was estimated at around $13 billion in 2022.
The Sudan conflict has created a supply shortage in Egypt, causing food prices to soar. According to the Egyptian government, the situation will impact the beef supply and push prices higher.