Egypt will be the largest global wheat importer in 2024/25 (July-June) as the country recovers from a foreign exchange reserve crisis and seeks to rebuild inventories, the US department of agriculture USDA said. Drought conditions will necessitate larger imports in other North African countries, most notably Morocco,” USDA said in a recent report. Algeria is expected to be the second largest wheat importer in Africa at 8.5 million tons, followed by Morocco with 7.5 million tons, while Nigeria will be the fourth largest importer at 4.8 million tons. Global wheat production for 2024/25 is forecast at 798.2 million tons, up 10.5 million from the previous year, it said. High wheat prices in Pakistan resulted in higher planted area, in turn yielding a larger crop, up 1.8 million tons.

Source: The North Africa Journal May 14, 2024 12:42 UTC