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- (-) November 2022
- (-) Egypt
- (-) Dominican Republic
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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.
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.
The Dominican Republic continues to be a strong market for U.S. bulk agricultural products (e.g., corn), intermediate goods (e.g., Soybean meal), and high value consumer-oriented products (e.g., processed food products), reaching a total export value of $1.59 billion in 2021.
The Dominican Republic (DR) continues to ban and/or restrict U.S. poultry exports from states with any type of detection of Highly Pathogenic Avian Influenza (HPAI), regardless of the outbreak being reported as poultry or non-poultry.
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.