Browse Data and Analysis

El Salvador’s coffee production is expected to reach 639,000 sixty-kg bags in marketing year (MY) 2021/22. The Salvadoran coffee sector continues to struggle mainly due to low international prices, climate change, continued coffee leaf rust, and a lack of a long-term strategy that has hindered investment at the farm level. The MY2022/23 crop is forecast to slightly decrease to 619,000 sixty-kg bags.

Egypt reversed the widely criticized mandate by the Central Bank of Egypt for importers to utilize a process where letters of credit would substitute the long-established cash-against-documents process.

Improving international prices have eased the financial pressure exerted by the COVID-19 pandemic on the sugar sector, but inflationary concerns have led the government to include sugar among the products with import duties reduced to zero percent for a one-year period.