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- (-) November 2022
- (-) Egypt
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In 2022, the Egyptian government announced that feed costs increased by 40 to 45 percent. Beef prices also increased by 15 to 20 percent, discouraging per capita consumption. Prices are expected to continue increasing in response to the ongoing devaluation of the Egyptian pound and complex import procedures. Imports of Indian water buffalo increased to reach 150 thousand MT, while Brazilian beef imports are still limited.
Cotton consumption in marketing year (MY) 2022/23 is forecast at 2 million bales, slightly lower than previously forecasted, a decrease which is projected to reduce imports of U.S. cotton.
Overall, Mexico’s market year (MY) 2022/23 deciduous fruit production is projected to remain steady year-to-year, with apple production increasing marginally by 1 percent, but from what is estimated to be a small MY 2021/22 crop.
Egypt requires a biosafety legal framework. Without one, the country cannot move forward in the area of agricultural biotechnology. The absence of a legal framework impedes field trials, as well as the commercial use of genetically engineered (GE) crops.
FY2022 agricultural exports reach record levels.
Mexico has 1.2 million hectares of certified organic land in use. Eighty-six percent of all organic products are collected and harvested from natural habitats. In 2021, there were 48,641 certified organic producers in Mexico. The honey and coffee sectors have the most certified organic producers, while the avocado and berry industries produce the most in terms of value. Mexico represents an export market opportunity for U.S organic products, especially for younger and more affluent demographic groups.
In 2022, industries report a 35 to 40 percent increase in cultivation costs to reach almost $28,000 per hectare. The increase in costs is due to the challenges of US dollar liquidity and high inflation. In MY 2022/2021, production is expected to reach 1.48 MMT and exports are forecasted at 180,000 MT. In 2022, Egypt added Sri-Lanka and Cameron to the list of importing countries.