Egypt doubles share of Ukrainian wheat as Russian supplies slump
Business21 November 2025, 01:00 PM
Publication cited Ahmed Elsebai, CEO of Egyptian Swiss Group, one of Egypt’s leading producers of flour and pasta.
“Russia is still the main supplier, but its share has fallen from 74% in 2024 to 56% this year," he said.
"But the real story is Ukraine. Its share has doubled to 30%, and in September 2025 it practically matched Russia’s — 48%, which we have not seen before. And this is not a one-off anomaly. It is the result of competitive prices, fast execution, and improved logistical reliability from Ukraine.”
As a result, Egypt has become the largest buyer of Ukrainian wheat since the start of the new marketing season.
In the 2024/2025 marketing year Ukraine exported 15.5 million tonnes of wheat worth $3.16 billion, with total production of about 22.4 million tonnes.
In the previous season, Spain was the largest importer of Ukrainian wheat, buying 3.223 million tonnes. Egypt ranked second with 2.111 million tonnes, and Algeria third with 1.907 million tonnes.