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Egypt’s sugar production in marketing year 2024/25 (October to September) is forecast to reach 2.6 million metric tons, down 110,000 tons from USDA official MY2023/24 production estimates on lower cane sugar production.
The industrial demand for sugar beets continues to rise, as it provides a higher price, thus incentivizing many farmers to plant more beets. In marketing year (MY) 2022/23 the sugar beets were subject to an outbreak of Rhizomania disease.
Egypt maintains a steady production of sugarcane, however sugar beet production areas are expanding. FAS Cairo (Post) forecasts refined sugar production in marketing year (MY) 2022/23 to increase by approximately 2.5 percent, or 70,000 metric tons (MT), to reach 2.92 million metric tons (MMT).
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).
On November 18, 2020, the Egyptian Cabinet approved a draft bill that exempts importers of key commodities from paying value-added tax (VAT) on shipping costs.
On June 3, 2020, Egypt's Ministry of Trade and Industry issued a decree to temporarily ban sugar imports, including refined and raw sugar.
The Office of Agriculture Affairs (Post) forecasts refined sugar production in marketing year (MY) 2020/21 to increase by approximately 1.5 percent or 40,000 metric tons (MT) to reach 2.78 million...
By January 2021, Egypt will operate its first commodity exchange which can provide commodity markets with greater price stability by reducing risk and increasing the number of traders....
The Office of Agriculture Affairs forecasts refined sugar production in MY2019/20 to increase by approximately 14 percent or 335,000 MT to reach 2.74 MMT.
Morocco has established new tariff-rate quotas for biscuit wheat, refined sugar, skim milk powder and whole milk powder in order to support industrial manufacturers in the biscuit, chocolate....
FAS Cairo forecasts refined sugar production in MY2018/19 to increase by approximately five percent or 115,000 metric ton (MT) to reach 2.44 million metric tons (MMT)....
On January 21, 2018, the Egyptian government gave Upper Egypt sugarcane farmers a financial boost.