27 Days
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بوابة أخبار اليوم
Imported sugar's low cost harms local farmers
Egypt is facing a severe crisis in its sugar sector due to a large influx of low-cost imported sugar, which has led to a standstill in domestic sales and a buildup of stock in factories. Egypt's local production is approximately 2.8 million tons annually, while consumption reaches 3.5 million tons, requiring the import of around 700,000 tons each year to cover the deficit. A senior official in the Ministry of Agriculture confirmed that unfair competition from cheap imports threatens the contractual farming system and results in factories being unable to pay farmers for their sugar beets and cane. Meanwhile, exporting the product is not feasible due to the globally low sugar prices, which further endangers the sustainability of local sugar production.
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