Browse Data and Analysis

Kuwait, Oman, Qatar and the UAE (GCC-4) permit the importation of GE food products of plant origin.

Despite the COVID-19 pandemic and the rise in commodity prices globally, Egypt succeeded in maintaining inflation rates within the Central Bank of Egypt’s (CBE’s) target range of 7 percent (±2 percent) in 2021, at a time when many countries of the world are witnessing a wave of high inflation.

On February 12, 2022, India’s Ministry of Finance notified that it is removing the 10 percent Agriculture Infrastructure Development Cess/tax (AIDC) on imports of lentils (HS 0713 40 00) with effect from February 13, 2022, through September 30, 2022.

Egyptian aquaculture has witnessed a spectacular and rapid development over the past seven years. This increase is such that the country is now number one in Africa, number six worldwide in aquaculture production, and number three in tilapia production globally, becoming an important contributor to Egypt’s food security and economy.

On January 24 and 25, Cairo witnessed an important forum on climate change between Egypt and the United States within the framework of Egypt serving as the official host of the UN Climate Change Conference (COP27) taking place in November 2022 in Sharm El-Sheikh, Egypt.

Only limited growth in soybean and vegetable oil imports is forecast for 2021/22. Rising prices and changes in taxation policies are hindering demand for meal from the poultry sector and capping growth in edible oil demand.

This report replaces the report number MO2022-0003. The tariff rates for lentils and chickpeas have been updated based on new information from the Ministry of Agriculture.

From October 28-December 31, 2021, FAS New Delhi (Post) organized an 8-week, “Taste of America Food Festival” with Indian retailer, Nature’s Basket. The promotion focused on gourmet U.S. food and beverage products in 36 Nature’s Basket stores throughout India.

Since January 2021, the Indian government has agreed, in principle, to install or upgrade nearly 200 grain-based ethanol production facilities. Cumulatively, these projects would potentially contribute an additional 8.59 billion liters in ethanol capacity per year, supporting India’s blending mandates while simultaneously diversifying its biofuel feedstocks.

Saudi Arabia’s barley imports for the first six months of Marketing Year (MY) 2021/22 is estimated at 2.36 million metric tons (MMT), a 41 percent decrease compared to the same period last year.

FAS Mumbai (Post) forecasts marketing year (MY) 2021/2022 cotton production at 27.4 million 480 lb. bales on an area of 12.1 million hectares. Farmers continue to limit market arrivals due to rising seed cotton prices, increasing input costs for textile value chains.

Post forecasts a slight increase in rice production and prices continue to rise, but the government continues to import rice to make it affordable. Wheat a flour prices are also trending upward.