World Grain - November 2024 - 55

The import volumes were 11% higher than the earlier
official projections.
The USDA attributed the surge in wheat import volumes
to " increased demand by the private industry and investment
in silos to store more wheat. " The share of private
sector wheat imports was estimated at 51.6% in 2023-24
while the GASC purchased the remaining 48.4%.
At least 61% of Egypt's imported wheat in the 202324
marketing year came from Russia, with 24% coming
from Ukraine and the rest from Romania.
Egypt also is addressing the problem of post-harvest
losses in the wheat industry. If the problem is addressed,
analysts said it would yield an adequate wheat
supply for at least 21.2 million people, assuming average
wheat consumption of 145 kilograms per capita.
It is projected that Egypt could reduce its dependency
on wheat imports by 37% and save an estimated
$1.1 billion by reducing the post-harvest losses.
Another initiative to bolster Egypt's wheat industry
and tackle post-harvest losses is investing in modern
wheat storage facilities with capacity of up to 5.2 million
tonnes.
According to the AfDB, Egypt has made progress
Egypt relies on wheat imports to
address a more than 10-milliontonne
deficit annually, which
made it the world's biggest
wheat importer in 2021.
by " increasing public and private investments by establishing
new central and subsidiary silos at newly
reclaimed lands to increase storage capacity to buffer
against international wheat price shocks. "
With a surge in its national population and increasing
uncertainty in the stability of the international wheat
supply chain due to growing global political conflicts,
Egypt's drive to be self-sufficient in wheat could not
have come at a better time.
Shem Oirere is a Nairobi, Kenya-based freelance journalist who
specializes in covering the African grain markets. He may be reached
at soirere@gmail.com.
We want to hear from you - Send comments and inquiries
to worldgrain@sosland.com. For reprints of WG articles,
email reprints@sosland.com.
GEAR DRIVEN
Pellet Press
abms.com.tr
World-Grain.com / World Grain / November 2024
55
http://abms.com.tr https://www.abms.com.tr/

World Grain - November 2024

Table of Contents for the Digital Edition of World Grain - November 2024

World Grain - November 2024 - Intro
World Grain - November 2024 - 1
World Grain - November 2024 - 2
World Grain - November 2024 - 3
World Grain - November 2024 - 4
World Grain - November 2024 - 5
World Grain - November 2024 - 6
World Grain - November 2024 - 7
World Grain - November 2024 - 8
World Grain - November 2024 - 9
World Grain - November 2024 - 10
World Grain - November 2024 - 11
World Grain - November 2024 - 12
World Grain - November 2024 - 13
World Grain - November 2024 - 14
World Grain - November 2024 - 15
World Grain - November 2024 - 16
World Grain - November 2024 - 17
World Grain - November 2024 - 18
World Grain - November 2024 - 19
World Grain - November 2024 - 20
World Grain - November 2024 - 21
World Grain - November 2024 - 22
World Grain - November 2024 - 23
World Grain - November 2024 - 24
World Grain - November 2024 - 25
World Grain - November 2024 - 26
World Grain - November 2024 - 27
World Grain - November 2024 - 28
World Grain - November 2024 - 29
World Grain - November 2024 - 30
World Grain - November 2024 - 31
World Grain - November 2024 - 32
World Grain - November 2024 - 33
World Grain - November 2024 - 34
World Grain - November 2024 - 35
World Grain - November 2024 - 36
World Grain - November 2024 - 37
World Grain - November 2024 - 38
World Grain - November 2024 - 39
World Grain - November 2024 - 40
World Grain - November 2024 - 41
World Grain - November 2024 - 42
World Grain - November 2024 - 43
World Grain - November 2024 - 44
World Grain - November 2024 - 45
World Grain - November 2024 - 46
World Grain - November 2024 - 47
World Grain - November 2024 - 48
World Grain - November 2024 - 49
World Grain - November 2024 - 50
World Grain - November 2024 - 51
World Grain - November 2024 - 52
World Grain - November 2024 - 53
World Grain - November 2024 - 54
World Grain - November 2024 - 55
World Grain - November 2024 - 56
World Grain - November 2024 - 57
World Grain - November 2024 - 58
World Grain - November 2024 - 59
World Grain - November 2024 - 60
World Grain - November 2024 - 61
World Grain - November 2024 - 62
World Grain - November 2024 - 63
World Grain - November 2024 - 64
World Grain - November 2024 - 65
World Grain - November 2024 - 66
World Grain - November 2024 - 67
World Grain - November 2024 - 68
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https://digital.world-grain.com/sosland/wg/world-grain-october-2024
https://digital.world-grain.com/sosland/wg/world-grain-september-2024
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https://digital.world-grain.com/sosland/wg/world-grain-july-2023
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https://digital.world-grain.com/sosland/wg/world-grain-june-2022
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https://digital.world-grain.com/sosland/wg/world-grain-february-2022
https://digital.world-grain.com/sosland/wg/world-grain-january-2022
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https://digital.world-grain.com/sosland/wg/world-grain-october-2021
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https://digital.world-grain.com/sosland/wg/world-grain-april-2021
https://digital.world-grain.com/sosland/wg/world-grain-march-2021
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