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- (-) October 2022
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Export prices decreased 1-2 percent due to further weakening of the Thai baht.
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.
Export prices decreased 2-8 percent as new-crop rice supplies began entering the market.
Export prices decreased 1-4 percent due to the further weakening of the Thai baht.
This report contains information about Thailand’s food service industry. It provides an overview of market opportunities and key channels of distribution for U.S. food and beverage products destined for the food service market in Thailand.
Sugar production recovered to normal levels of around 10 million metric tons in MY2021/22 and is likely to further increase by 3 percent in MY2022/23. Sugar production, however, remains far below record production levels due to limited acreage.
Export prices slightly increased due to the strengthening of the Thai baht.
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.
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).