The Natural of Wheat International Market and Its Effect on Egyptian Wheat Imports "طبيعة السوق الدولية للقمح وأثرها على الواردات القمحية المصرية"

Document Type : Original Article

Author

Faculty of Agriculture, Alexandria University, Department of Economics and Agricultural Business Administration

Abstract

The Egyptian government imported large quantities of wheat annually to fill the food gap. Where the amount of Egyptian wheat imports amounted to about 7.87 million tons, while domestic production of it reached 9.52 million tons, while the amount available for consumption reached 20.38 million during the period 2020/2022, In addition to the pressures imposed by wheat-exporting countries and its rising imported prices which was estimated at about $382.11/ton during the same period so it burden on the trade balance, which requires setting a future vision that includes developing different scenarios to confront these global production and price fluctuations. This research mainly aims to identify the risks to which the Egyptian economy is exposed in light of contemporary international changes, through (1) Studying the Egyptian wheat import system in Egypt. (2) Study the nature of the international wheat market and its impact on Egyptian wheat imports. (3)studying the determinants of the wheat food gap in Egypt (4) Identify the most important economic variables affecting Egypt’s wheat imports in order to benefit from them in formulating economic policies aimed at reducing wheat imports. Developing alternatives and proposed solutions to reduce the dependence on the global wheat market.

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History

  • Receive Date: 31 July 2024
  • Revise Date: 14 August 2024
  • Accept Date: 14 August 2024

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