The General Food Security Authority (GFSA), an agency of the Saudi Ministry of Environment, Water and Agriculture (MEWA), purchased approximately 1.2 million metric tons (MMT) of locally produced wheat in MY2022/23.
Since December 2022, rainfall across most of Iraq has been positive, expected to result in favorable yields and increased production for winter crops wheat and barley, with rice expected to rebound this summer for marketing year (MY) 2023/24.
Strong tourism, high petroleum rents, and an accompanying economic boom in the United Arab Emirates are forecast to grow the consumptive base and drive imports of wheat and rice higher in the coming marketing year.
Recent available data indicates that Saudi Arabia imported approximately 2.7 million metric tons (MMT) of barley in the first six months of MY 2022/23 (July – December 2022), an increase of approximately 11% compared to the same period last year (2.46 MMT).
Nigeria wheat millers are diversifying their sources of wheat import due to the Russia-Ukraine crisis. FAS Lagos (Post) estimates wheat imports for MY 2022/23 at 6 million metric ton (MMT), a 3 percent reduction from last year’s Post estimate. Meanwhile, insurgency and floods in the northern part of the country greatly impacted corn and rice production respectively.
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.