News

Sub-Saharan Africa will drive global wheat imports during the 2017-18 season (USDA)

  • Comments   -   Wednesday, 11 April 2018 - 17:29

(Ecofin Agency) - During the 2017-18 season, Sub-Saharan Africa (SSA) will be the world’s largest wheat importer. This was revealed by the US Department of Agriculture in its report on global grain trade market, published yesterday April 10.

According to the organization, SSA’s purchases should increase to 26 million tons this season from 22.2 million tons in 2016/2017. An increase by about 17.4% that remains well above that of Southeast Asia (+2.1%), the world's leading wheat importer.

This dynamic of SSA is due to a stagnant production (to around 7 million tons yearly) in the recent years and rapid consumption coupled with a growth of the incomes, urbanization and population.

Kenya, Tanzania, Nigeria, Sudan, Angola, Ethiopia and South Africa are set to drive this increase. The last two countries are expected to record the largest increases in volume, by 70% and 60% respectively compared to the previous season.

Let’s recall that Sub-Saharan Africa mainly imports wheat in the form of grains, flour and related products. Wheat accounts for about 5% of the region's total cereal production, after crops such as maize, rice, sorghum and millet.

Espoir Olodo


APPP2018 480x110 ENG

AXA Assurance Maroc SA acquired stakes in Dabadoc, a Moroccan startup that...
Read more |  18 September 2018
Last weekend, Cradle Arc announced that its PL33/2005 and PL180/2008 prospecting permits...
Read more |  17 September 2018
Last Saturday, Egypt’s oil minister Tarek al-Moulla informed in a release that...
Read more |  17 September 2018
Blue Garnet Ventures, an investment company that invests in African companies specialized...
Read more |  17 September 2018
Tunisia plans to issue $1 billion Eurobonds at the beginning of October 2018...
Read more |  17 September 2018
Every payment above EGP100,000 (about $5,500) to government institutions should be done electronically...
Read more |  17 September 2018
This week, the TSXV-listed company Tango Mining, announced that it concluded an...
Read more |  14 September 2018
AXA Assurance Maroc SA acquired stakes in Dabadoc, a Moroccan startup that...
Read more |  18 September 2018
Last weekend, Cradle Arc announced that its PL33/2005 and PL180/2008 prospecting permits...
Read more |  17 September 2018
Last Saturday, Egypt’s oil minister Tarek al-Moulla informed in a release that...
Read more |  17 September 2018
Blue Garnet Ventures, an investment company that invests in African companies specialized...
Read more |  17 September 2018
Tunisia plans to issue $1 billion Eurobonds at the beginning of October 2018...
Read more |  17 September 2018
Every payment above EGP100,000 (about $5,500) to government institutions should be done electronically...
Read more |  17 September 2018
This week, the TSXV-listed company Tango Mining, announced that it concluded an...
Read more |  14 September 2018

Copyright Agence Ecofin © 2018. All Rights Reserved.