Skip to main content

Middle East reels from historically high food prices

World food prices in March reached their highest levels ever, according to the United Nations.
An Egyptian man arranges fruits at a shop in a market in Cairo, on March 17, 2022. Soaring bread prices sparked by Russia's invasion of Ukraine have bitten into the purchasing power of consumers in Egypt, a leading importer of wheat from the former Soviet states.

The Food and Agriculture Organization of the United Nations said today that food prices are at their highest levels ever. 

The UN body said its food price index rose 12% in March, reaching its highest level since its inception in 1990. The price increases are largely due to disruptions caused by the Russian invasion of Ukraine. Russia and Ukraine are combined responsible for 30% of global wheat exports and 20% of global corn exports, the Food and Agriculture Organization said in a press release

Many states in the Middle East and North Africa have been negatively effected by the price increases. The following is a rundown of some recent food-related developments across the region: 

Egypt 

Egypt is one of the largest wheat importers in the world and gets more than 80% of its wheat from Russia and Ukraine. Bread prices have risen significantly in the country since the war broke out in February, prompting several actions from the government. Last month, President Abdel Fattah al-Sisi directed the military to provide food to needy Egyptians at reduced prices. The country has also ramped up domestic wheat production and sought exports from other countries, including India and the United States. The government also instituted price controls for bread last month. 

Most recently, on April 4, the Egyptian government allocated more money for domestic wheat production. Egypt’s wheat harvest typically runs from April to May. 

Lebanon

Lebanon gets 80% of its wheat from Ukraine, and the war has led to price increases, prompting the UN’s World Food Program (WFP) to send aid. Food prices in Lebanon were already out of control before the war, though. In 2021, families’ essential food costs rose 351% in Lebanon amid the financial crisis, according to a WFP press release from last week. 

The embattled Lebanese government has banned food exports in response, though Lebanon does not export a lot of food. They are also reportedly seeking new wheat sources. 

Syria

The Syrian economy was already weak due to the continued war and US sanctions. Price increases related to the war in Ukraine are now driving discontent. The New Arab reported today that some Syrians are demanding the government stop food exports to help alleviate domestic price increases. 

Turkey

In Turkey, people panic bought sunflower oil last month due to concerns about shortages. Several countries in the Middle East rely on Ukraine for sunflower oil. 

Iraq

There were protests in Iraq last month against rising food prices. The government blamed the situation on the war in Ukraine. 

Palestine

In February, before the Ukraine war started, falafel prices began rising in the Gaza Strip, leading to widespread resentment. Falafel restaurants raised prices due to increase in food costs in recent years. 

Tunisia 

Many Tunisians are concerned about food shortages. This prompted the president to issue a decree this month criminalizing “fake news” about the country’s food situation. 

The Food and Agriculture Organization is not alone in its assessment. Late last month, the WFP also reported rising food prices across the Middle East and North Africa, as well as an uptick in hunger. 

Join hundreds of Middle East professionals with Al-Monitor PRO.

Business and policy professionals use PRO to monitor the regional economy and improve their reports, memos and presentations. Try it for free and cancel anytime.

Free

The Middle East's Best Newsletters

Join over 50,000 readers who access our journalists dedicated newsletters, covering the top political, security, business and tech issues across the region each week.
Delivered straight to your inbox.

Free

What's included:
Our Expertise

Free newsletters available:

  • The Takeaway & Week in Review
  • Middle East Minute (AM)
  • Daily Briefing (PM)
  • Business & Tech Briefing
  • Security Briefing
  • Gulf Briefing
  • Israel Briefing
  • Palestine Briefing
  • Turkey Briefing
  • Iraq Briefing
Expert

Premium Membership

Join the Middle East's most notable experts for premium memos, trend reports, live video Q&A, and intimate in-person events, each detailing exclusive insights on business and geopolitical trends shaping the region.

$25.00 / month
billed annually

Become Member Start with 1-week free trial

We also offer team plans. Please send an email to pro.support@al-monitor.com and we'll onboard your team.

What's included:
Our Expertise AI-driven

Memos - premium analytical writing: actionable insights on markets and geopolitics.

Live Video Q&A - Hear from our top journalists and regional experts.

Special Events - Intimate in-person events with business & political VIPs.

Trend Reports - Deep dive analysis on market updates.

All premium Industry Newsletters - Monitor the Middle East's most important industries. Prioritize your target industries for weekly review:

  • Capital Markets & Private Equity
  • Venture Capital & Startups
  • Green Energy
  • Supply Chain
  • Sustainable Development
  • Leading Edge Technology
  • Oil & Gas
  • Real Estate & Construction
  • Banking

Start your PRO membership today.

Join the Middle East's top business and policy professionals to access exclusive PRO insights today.

Join Al-Monitor PRO Start with 1-week free trial