Egypt: Sugar Annual

The Office of Agriculture Affairs (Post) forecasts refined sugar production in marketing year (MY) 2021/22 to increase by approximately 2.6 percent or 75,000 metric tons (MT) to reach 2.85 million metric tons (MMT). Of this total forecast, 1.58 MMT of sugar will be derived from sugar beets, while 1.27 MMT will be sourced from sugarcane. This increase in production is attributed to good procurement prices of sugar beets. Post forecasts total sugar domestic consumption in MY 2021/22 to increase by 2.6 percent or 90,000 MT to reach 3.43 MMT. Egypt’s raw sugar imports in MY 2021/22 are forecast to remain unchanged at 800,000 MT. The Egyptian government allocated 76,000 ha to UAE-funded one billion project for beet production.