Egypt Corn Imports Decreasing In H1 2022
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Corn is a staple commodity for Egypt as it is the main feed supply for its Poultry, Dairy, Eggs, & Red Meat industries. Egypt Corn imports dropped in H1 22 due to high stocks in Q1. Indeed, in Jan & Feb 22, Corn imports fell 631 & 632 kmt YoY respectively. In Mar 22, the Ukraine war cut a major Corn pipeline for Egypt, and imports continued decreasing through to Apr, tumbling by 441 kmt YoY for the period. Overall, Egypt imported 1.68 less Corn YoY in H1 22. However, Egypt managed to get by without the Ukraine supply since Mar as imports in May were almost stable (-0.8%) and even increased by 35 & 42 kmt YoY in Jun & Jul 22. Therefore, from which origins does Egypt import Corn?
Figure 1: Egypt Corn Imports Between Jan & Aug 2022
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