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Market Year (MY) 2017/18 raw sugar production is expected to drop to 2.3 million metric tons (MMT) from 2.5 MMT in MY 2016/17 due to unfavorable weather conditions and lower sugar content....
FAS Cairo forecasts Egypt’s marketing year (MY) 2018/19 (October-September) milled rice production to drop to 3.3 million metric tons (MMT), down 1 MMT from the MY 2017/18 estimate.
There are over 7,000 food processing and manufacturing companies in Egypt, generating sales of $22.2 billion in 2017 (up 55 percent compared to 2016).