Egypt: Sudan Crisis Provides Further Blow to Egyptian Food Prices

  |   Attaché Report (GAIN)   |   EG2023-0008

Link to report:

Egypt: Sudan Crisis Provides Further Blow to Egyptian Food Prices

The Sudan conflict has created a supply shortage in Egypt, causing food prices to soar. According to the Egyptian government, the situation will impact the beef supply and push prices higher. Egypt is looking into additional suppliers for cattle, including Somalia and Chad. Sudan's instability has hampered economic flows in and out of East Africa, since banking and customs procedures are centralized in Khartoum. Sudan is a major agriculture and livestock exporter, as well as a logistical hub for Africa. Egypt bought 110,000 head of live animals from Sudan in 2022. Egypt is predominantly a beef liver and premium cut market for the United States, thus the crisis is unlikely to provide new opportunities for US beef suppliers, but could have an indirect influence on U.S. poultry exports to Egypt.

Exporting
Near East, Egypt

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Saudi Arabia: Grain and Feed Semi-Annual

Total Saudi wheat imports for 2024/25 are forecast to reach 4.25 MMT, an increase of 2 percent over marketing year (MY) 2023/24.
Attaché Report (GAIN)

Vietnam: Grain and Feed Quarterly

Growth in the agricultural sector slowed in the first nine months of 2024 due to extreme weather, particularly Typhoon Yagi, which severely affected crop cultivation and livestock farming.
Attaché Report (GAIN)

Dominican Republic: Proposed Tax Reform Likely to Have a Negative Impact over US Agricultural Exports to the Dominican Republic

On October 7, 2024, the Government of the Dominican Republic announced a proposed a tax reform bill that could have significant implications for U.S. agricultural exports, particularly in the pork, beef, and beverage sectors.