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Egyptian Swiss Achieves 38% Growth in Flour Exports in 2024

Egyptian Swiss Achieves 38% Growth in Flour Exports in 2024
Egyptian Swiss Achieves 38% Growth in Flour Exports in 2024

“Egyptian Swiss” Increases Flour Exports to $40 Million and Enters Four New Markets

“Egyptian Swiss” Captures 10% of Egypt’s Flour Exports

 

The Egyptian Swiss Group for Pasta, Milling, and Concentrates has continued to strengthen its position in the global flour market, achieving a 38% growth in exports during 2024, reaching $40 million. This expansion has secured the group a 10% share of Egypt’s total flour exports, surpassing the average growth rate of the country’s flour exports last year

Rising Regional Demand and Enhanced International Cooperation

Eng. Ahmed El-Sebai, General Manager of the group, attributed this strong growth to the increasing demand in Sudan, along with the company’s collaboration with the World Food Programme (WFP) to supply flour to Gaza. Additionally, Somalia has witnessed a significant rise in demand for the group’s products, further boosting export performance

Expanding into New Markets in 2024

Eng. Ahmed El-Sebai highlighted that, for the first time, the group has expanded its flour exports to South America, in addition to entering Syria, Iraq, and the UAE. This expansion aligns with the company’s strategic goal of strengthening its global presence and diversifying its export destinations

Enhancing Production Efficiency and Global Expansion

The General Manager revealed that Egyptian Swiss currently utilizes 60% of its flour production capacity, with future plans to increase operational rates to meet the growing demand

He also noted that the company now exports its products to approximately 40 countries, reflecting its success in achieving widespread international reach and boosting its export market share

Egypt’s Flour Exports Rise to $464 Million

In a related context, Eng. Ahmed El-Sebai stated that Egypt’s total flour and groats exports grew by 11% in 2024, reaching $464 million, of which $450 million came from flour exports alone. This growth underscores the increasing global competitiveness of Egyptian flour products, with Egyptian Swiss holding a 10% share of the country’s flour exports

New Investments and Quality Enhancement

Eng. Ahmed El-Sebai reaffirmed the company’s commitment to investing in the milling and packaging sector to enhance production quality, in line with the latest international standards. The company is focusing on upgrading production lines and improving operational efficiency to meet the demands of diverse markets

Future Expansion and Growth Plans

He concluded by emphasizing that Egyptian Swiss remains dedicated to executing its growth and expansion strategy, with a focus on quality enhancement and competitive positioning. This approach aims to support Egypt’s economy and boost export revenues for the sector

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