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In late May 2024, the Egyptian Government announced its intention to increase the price of subsidized bread (from 5 piasters {$.001} per loaf to 20 piasters {$.004} per loaf) as of June 1, 2024 -- marking the first increase in the price of subsidized bread in Egypt in 36 years.
FAS/Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2024/25 to increase by 2 percent from the previous marketing year, due to population growth and the availability of more foreign currency in Egyptian banks.
Egyptian cotton production in marketing year (MY) 2024/25, the period from August 2024 to July 2025, is forecast at 310,000 bales, down 40,000 bales from MY2023/24, driven by a 4-percent drop in harvested area and lower input use, impacting yields.
FAS/Cairo (Post) forecasts Egypt’s soybean imports in marketing year (MY) 2024/25 (October – September) to increase by 14.8 percent from the previous marketing year, due to an influx of foreign currency into Egyptian banks.
The French food processing industry mobilizes more than 19,000 companies, of which nearly 98 percent are small and medium sized enterprises (SMEs). The sector generates $230 billion in annual revenue, and it indirectly contributes to nearly 2 million jobs in France.
Attacks by Houthi rebels in Yemen on commercial vessels have resulted in many shipping companies rerouting away from two of the world's busiest shipping routes — the Red Sea and Suez Canal.
Despite a myriad of economic hardships, Egypt hosted 14.9 million tourists in 2023 (exceeding its previous record of 14.7 million tourists in 2010).
While France has no commercial production or field trials of genetically engineered (GE) crops, the French livestock industry depends on imported GE feed, especially soybeans, rapeseed, and corn. The French scientific community and many farmers are...
In 2023, French food and agricultural imports from the United States reached $1 billion. While exporting to France can be challenging, there are many opportunities for U.S. suppliers.
The exporter guide provides an economic and market overview, as well as demographic trends and practical tips for U.S. exporters on how to conduct business in Egypt.
As a member of the European Union, France implements EU regulations for the import of animal and plant products.
France, as a member of the European Union (EU), generally follows EU directives, regulations, and obligations.