We have been working with our partners in Egypt for many years and source artichokes, jalapenos and olives from there, for example. Following the severe financial crisis in 2023 and 2024, the economic situation is now stabilising and Egypt is becoming increasingly relevant on the global market. While the inflation rate in 2024 was still at a historic high of 33.3 per cent (and some products were no longer competitive for import into the EU), it is now forecast to be around 19.6 per cent in 2025 (source: Statista). A (further) containment of inflation is also likely to be crucial for the country's long-term economic stability. According to a survey of 17 economists conducted by the Reuters news agency, Egypt's economic growth for 2025 is currently estimated at 3.8 per cent. Originally, the forecast was as high as 4 per cent. However, due to the tariffs imposed by the USA and the expectation of slower global growth, the economists surveyed revised their expectations downwards accordingly in April. The fact is: Egypt is an exciting supplier country and we are happy about the good, long-standing partnerships with our suppliers there.