The chicken meat slaughtering industry in Egypt showed significant growth over the last decade, with actual values rising from 658.08 million units in 2013 to 1034.0 million units in 2023. The early part of this period saw considerable annual variations with peaks in 2016 (+26.41%) and subsequent stabilization. From 2021 to 2023, the year-on-year growth rates were 8.45%, 2.88%, and 2.75% respectively, showing a more consistent upward trend. The CAGR was highest in 2016 at 9.2% and gradually decreased to 2.91% by 2023, reflecting moderation in growth rates.
Future trends to watch for include:
- A projected moderate CAGR of 2.06% over the next five years, indicating steady growth.
- An anticipated 10.71% overall growth rate from 2023 to 2028, suggesting resilience and ongoing expansion of the sector.
- Potential impacts of market dynamics such as feed costs, disease outbreaks, and policy changes on production levels.