Forecast: Poultry Meat Slaughtering in Egypt

The poultry meat slaughtering industry in Egypt has shown a consistent upward trend from 2013 to 2023, growing from 747.32 million units in 2013 to 1116.7 million units in 2023. This growth has been driven by increasing domestic demand and advancements in poultry farming techniques. Year-on-year variations reveal significant growth spurts, such as in 2016 with a 22.72% increase, offset by minor declines in some years. Recent growth saw a 2.55% increase in 2023, demonstrating a stable upward trajectory. The five-year CAGR up to 2023 stood at 2.6%, reiterating moderate, steady growth.

In the forecast period from 2024 to 2028, the industry is expected to continue its expansion, reaching 1262.0 million units by 2028. Forecasted annual growth rates remain stable, resulting in a five-year average CAGR of 1.93% and an overall growth rate of 10%.

Future trends to watch for include advancements in poultry farming technologies, shifts in consumer dietary preferences, and potential impacts of regulatory changes or international trade policies. Additionally, monitoring the effects of inflation and currency fluctuations on production costs will be crucial for future market strategies.