Egyptian Swiss Group for Pasta, Milling, and Concentrates took part in the international GrainCom2025 conference held in Geneva, Switzerland, from May 13 to 15. The event is considered one of the world’s largest gatherings for the grain and oilseeds sector, attracting a wide range of multinational companies, shipping and inspection bodies, and global commodity exchanges.
Ahmed El-Sebai, Managing Director of Egyptian Swiss Group, confirmed that the company’s participation was within the panel discussions representing the Egyptian market. The sessions shed light on Egypt’s wheat market and the recent changes in import mechanisms, as well as the government entities responsible for regulating the process.
Egypt witnessed a significant increase in wheat imports in 2024, reaching 14.2 million tons, up from 10.8 million tons in 2023 — a 31% year-on-year jump. El-Sebai attributed the surge primarily to improved dollar availability and a drop in global wheat prices, which fell to $240 per ton in 2024, compared to over $350 per ton the year before.
El-Sebai highlighted that the grain sector is one of Egypt’s largest and most diversified industries, encompassing over 33,000 local companies. These operate across six core areas: pasta production, wheat milling (at both 72% and 82% extraction rates), rice milling, glucose and starch production, yeast and bread manufacturing, as well as grain packaging and animal feed production.
