Egypt reduced its wheat imports by 13% year-on-year in February, with purchases totaling about 1.3 million tons, compared with 1.5 million tons in February 2025, ProAgro Group reports.

According to Asharq, citing official documents, Egypt’s total wheat imports during the first two months of 2026 reached 2.3 million tons, averaging 1.16 million tons per month. For comparison, the country imported 1.19 million tons per month on average in 2025.

In the structure of Egypt’s wheat imports in February, russian wheat accounted for 57.5% (797 thousand tons), Romanian wheat for 13.6% (189 thousand tons), and Ukrainian wheat for 13.5% (186 thousand tons).

According to Hisham Suleiman, director of the company Mediterranean Star for Trade and Grain Import, the Egyptian government secured 53.6% of total wheat imports in February, equivalent to about 741 thousand tons distributed across 13 cargo shipments.

He noted that domestic wheat prices in Egypt increased by 6% over the past week, reaching 13,000 Egyptian pounds per ton, compared with 12,250 pounds per ton before the escalation of tensions between the United States and Iran.

Freight rates for maritime transportation also rose by 36% to $30 per ton, compared with $22 per ton before the geopolitical tensions intensified. This factor is expected to further influence domestic wheat prices in the near term.

Suleiman added that concerns among importers and trading companies about the consequences of the conflict in the Middle East have led them to reduce the volume of grain available on the market by nearly half.

“In the current conditions, it is unrealistic to talk about price stabilization,” he said.

Earlier it was reported that the global grain market is seeing strong demand from Egypt for Black Sea and French wheat, supported by competitive prices and stable logistics to Mediterranean ports.

Source: Elevatorist.com