Egypt worries over wheat import issues due to Black Sea unrest

Instability in the Black Sea region raises Egyptian concerns over its impact on wheat imports, especially since over 82% of the country's wheat imports in the first half of 2026 come from Russia and Ukraine. With global wheat prices on the rise, Egyptian importers are seeking alternative sources such as France and the United States, despite their higher prices. However, Egyptian officials downplay the crisis's impact, asserting that a 20% increase in local production and strategic reserve stockpiles exceeding six months contribute to stabilizing supplies and reducing market pressures.

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