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- (-) October 2022
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Turkey recently announced that the tariff on imported sunflowerseed would increase from zero to 5 percent from October 27 through the end of 2022. This revision coincides with Turkey’s sunflowerseed harvest.
Owing to improved weather conditions, grain production in Turkey in marketing year (MY) 2022/23 is projected to increase year-over-year to 17.3 million metric tons (MMT). Wheat, barley, corn, and rice production are individually projected higher from last year which was hit by intense dry weather.
Russia’s invasion of Ukraine has adversely impacted the global economy, and Egypt too has felt the wave of effects. Russia’s war on Ukraine has relentlessly disrupted international trade of grains and soybeans as well as other commodities pounding a global economy that had since been improving robustly from the COVID-19 pandemic.
Turkey’s HRI sector, which continues to recover from the effects of the COVID-19 pandemic, is now grappling with rising inflation and economic uncertainty. Persistent inflation has eroded consumers’ buying power, causing them to switch to cheaper dining-out options, such as fast food and street stalls.
With favorable weather conditions and an expansion in the area harvested, Turkey’s sunflowerseed production is forecast to hit a record of 1.9 million metric tons (MMT) in marketing year (MY) 2022/23. Production of sunflower meal and oil are likewise projected at record highs.
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.
Good weather conditions and an “on-year” for production will push Turkey's pistachio production higher in MY 2022/23. The production of almonds and hazelnuts is likewise forecast higher, while walnut production is expected to remain steady.
This report is an update to GAIN report number EG2022-0022. Attaching the English translation of the National Food Safety Authority (NFSA) Decision of Board of Directors No. 6/2022 concerning the binding technical basis for maximum residue levels (MRLs) for chemical contaminants in food.
In June 2022, Egypt launched a trial phase of the Advanced Clearance Information system (ACI) on airfreight. The government is expected to fully apply the electronic ACI system in October 2022. This comes after the October 1, 2021, launch of the ACI in sea ports. Traders must register within the designated platforms (CargoX for exporters and ACI for importers).