the egyptian agricultural commodities market: an outline x...
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1
The Egyptian Agricultural Commodities
Market: An Outline
X International Conference
Black Sea Grain – 2013
Kiev, Ukraine
By
Amr Abdelkader Kassem
Imports
21
million tons
2
Wheat
3
Wheat
4
Consumption
19 million tons
Domestic production
8 million tons
Imports
11 million tons
Wheat
Origins of imported wheat
90% from
Russia – Ukraine – USA – France - Australia
5
2012 2009
Russia 48% 53%
Ukraine 22% 6%
USA 8% 8%
France 6% 17%
Australia 5% 6%
Other 11% 10%
Wheat
Why Black Sea wheat?
Price / Quality value
Proximity
6
Wheat
7
Importers
GASC
47%
Private importers/millers
53%
Wheat
GASC
The General Authority for Supply Commodities
8
Grain Purchases
Wheat Imports
≈ 5,250,000 mts
Domestic Wheat crop purchases
≈ 3,600,000 mts
Domestic Corn crop purchases
≈ 500,000 mts
Corn
9
Corn
10
Consumption
11 million tons
Domestic production
5 million tons
Imports
6 million tons
Corn
Origins
95% from
Ukraine - Brazil - Argentina - USA
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2007 2011 2012
Ukraine 3% 28% 47%
Brazil 0% 6% 30%
Argentina 16% 17% 15%
USA 80% 41% 3%
Other 1% 8% 5%
Corn
12
Importers
100%
Private Trading Companies
Soybeans and Meal
13
Soybeans and Meal
14
Supply
2.8 million tons
Domestic crop Soybeans
30,000 mts
Imports
Meal
850,000 mts
Imports
Soybeans
1.9 million tons
Soybeans and Meal
Origins
15
Soybean Meal
2012
North America 52%
South America 39%
Black Sea 9%
Soybeans
2012
North Amercia 78%
South Amercia 14%
Ukraine 8%
Soybeans and Meal
16
Importers
100%
Private Crushers
Private Trading Companies
Importers of Grains and Oilseeds
20 million tons of imports !
80% imported by 8 companies/entities
20% imported by over 25 companies
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Importers of Grains and Oilseeds
Main Purchasing Terms
1)Quality
- GASC
- Private buyers
2) Delivery
- FOB
- CIF
- C+F
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Importers of Grains and Oilseeds
Main Purchasing Terms
3) Payment
- L/Cs
- CAD before breaking bulk
- CMA deferred payment
- SMA deferred payment
- Other deferred payment schemes
19
Import Regulations
Grain in Egyptian ports in inspected by the
following inspection government agency:
- The Ministry of Agriculture
- The Ministry of Health
- The Ministry of Industry and Foreign Trade
- The Egyptian Atomic Energy Authority
20
Import Regulations
REJECTION
Wheat
1) Grass seeds
- Lolium temulentum:
Darnel ryegrass or cockle.
- Convolvulus arvensis L. :
Field bindweed
- Avena fatua L. :
Wild oat
-Ambrosia artemisiifolia,:
Common Ragweed
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Import Regulations
REJECTION
Wheat
2) Dead Insects
Some species are not allowed dead or alive
3) Live Insects
Live insects are not allowed
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Import Regulations
REJECTION
Corn
1) Aflatoxin:
Max 20 ppb total Aflatoxin
Max 10 ppb B1 + B2 Aflatoxin
2) Broken:
Max 5%
3) Heat Damaged:
Max 0.5%
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Import Regulations
REJECTION
Soybeans
Ambrosia:
Zero tolerance, free from.
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Import Regulations
REJECTION
DELEGATIONS
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Vegetable Oils
26
Vegetable Oils
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Supply
2.1 million tons
Crush Domestic
Oilseeds
50,000 mts
Crush Imported
Soybeans
250,000 mts
Imports
Vegetable Oil
1.8 million tons
Vegetable Oils
28
Importers
GASC
(FIHC/Meditrade)
975,000 mts
Sunoil
800,000 mts
Soyoil
175,000 mts
Cornoil
0.00 mts
Palm
0.00 mts
Private Oil Refiners
835,000 mts
Sunoil
125,000 mts
Soyoil
0.00 mts
Cornoil
59,000 mts
Palm
651,000 mts
Imports of Vegetable Oils
Types of Oils
29
2012
Sunflower Oil 925,000 51.1%
Palm Oil 540,000 29.8%
Corn Oil 59,000 3.3%
Palm Stearin 47,000 2.6%
Palm Olein 42,000 2.3%
Soybean Oil 175,000 9.7%
Palm Kernel Oil 19,000 1.0%
Coconut Oil 3,000 0.2%
Total 1,810,000 mts
Imports of Vegetable Oils
Types of Oils
30
2012 2006
Sunflower Oil 925,000 307,000
Palm Oil 540,000 345,000
Corn Oil 59,000 15,000
Palm Stearin 47,000 109,000
Palm Olein 42,000 330,000
Soybean Oil 175,000 191,000
PKO + Coco 22,000 29,000
Total 1,810,000 1,326,000 mts
Ports
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Ports
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Dekheila and Alexandria ports
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Alexandria – Mediterranean Port
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Alexandria – Mediterranean Port Port
Grain:
- Storage capacity: 150,00 mts
- Berths draft: max. 32 feet
Vegoils:
- Storage capacity : 72,000 mts
- Berths draft: max. 34 feet
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Alexandria – FIC Terminal
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Dekheila – Mediterranean Port
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Dekheila – Mediterranean Port
Grain:
- Storage capacity: 1.55 million tons
- Berth draft: max. 44 feet
Vegoils:
- Storage capacity: 17,000 mts
- Berth draft: 39 feet
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Abu Qir – Mediterranean Port
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Abu Qir – Mediterranean Port
Grain:
- Storage capacity: 80,000 mts
- Berths draft: max 8 meter
Vegoils:
- None
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Damietta – Mediterranean Port
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Damietta – Mediterranean Port
Grain:
- Storage capacity: 700,000 mts
- Berth draft: max 42 feet
Vegoils:
- Storage capacity: 80,000 mts
- Berth drafts: max. 38 feet
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Port Said – Mediterranean Port
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Port Said – Mediterranean Port
Grain:
- Storage capacity: 85,000 mts
- Berth draft: max. 42 feet
Vegoils:
None
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Adabiya – Red Sea Port
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Adabiya – Red Sea Port
Grain:
- Storage capacity: 150,000 mts
- Berths draft: max. 41 feet
Vegoils:
- Storage capacity: 110,000
- Berths draft: max 37.5 feet
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Safaga – Red Sea Port
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Safaga – Red Sea Port
Grain:
- Storage capacity: 150,000 mts.
- Berths draft: max. 44 feet
Vegoils:
None
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Egypt – Key Data
Key relevant data:
Egypt land area: 997,739 sq. km
Arable land area: 3%
Population: 82 million
Urban Population: 43%
Population growth: 2 %
Population forecast in 2035: 100 million
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Sources and Acknowledgments
LATT TRADING AND SHIPPING™
THE EGYPTIAN MINISTRY OF TRANSP0RT
Maritime Transport Sector
UNITED OIL For Processing and Packaging
10th
of Ramadan City - Egypt
The Central Agency for Public Mobilization
and Statistics (CAPMAS) Egypt