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Egypt’s wheat imports for marketing year (MY) 2024/25 (July – June) are estimated at 12.5 million metric tons (MMT), up by 11.4 percent from Post’s earlier estimate, due to an increase in the availability of foreign currency to facilitate imports.
Zimbabwe’s production of its staple crop, corn, is expected to drop by almost 60 percent in marketing year 2024/25 due to extreme drought conditions associated with the El Niño weather phenomenon.
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 marketing year (MY) 2023/24 wheat imports are estimated at 12.0 million metric tons (MMT), up by 6.9 percent from MY 2022/23 due to lower area and production.
Zimbabwe’s corn crop for marketing year 2023/24 is estimated at 1.5 million metric tons. This represents an increase of five percent from the previous marketing year’s crop, mainly due to a normal rainfall season in the northern parts of the country.
FAS Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2023/24 (July – June) to increase by almost 2.9 percent from the previous marketing year due to population growth.
FAS Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2022/23 (July – June) at 11.0 MMT, down from the previous marketing year estimate of 11.5 MMT. Egypt was able to secure a steady supply of wheat through diversification of wheat origins whether through tenders or implementing direct purchasing of wheat from several countries.
Zimbabwe’s corn crop for marketing year (MY) 2022/23 is estimated at 1.6 million metric tons (MMT), representing a drop of 43 percent from the bumper crop of 2.7 MMT produced in MY 2021/22. Many factors contributed to the drop in production including sub-optimal weather conditions, high input costs and macro-economic challenges.
The 2021 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world.
Egypt is closely following the repercussions of the Russian-Ukrainian crisis. Certainly Egypt’s grains imports from both countries were affected. Accordingly, FAS Cairo forecasts Egypt’s wheat imports in MY 2022/23 (July – June) at 11 MMT, down by 8.3 percent from MY 2021/22 Post’s import estimate figure of 12 MMT.
FAS Cairo (Post) forecasts Egypt’s wheat imports in marketing year (MY) 2021/22 (July – June) at 12.4 MMT, up from the previous marketing year estimate due to higher consumption driven by population growth.
Zimbabwe’s corn crop for the 2021/22 marketing year (MY) is estimated at 2.7 million tons, an increase of almost 200 percent from the 907,628 tons of corn produced in the 2020/21 MY.