The beef meat production in Egypt has shown fluctuations between 2014 and 2023. In 2023, production stood at 766,000 metric tons, marking a slight decrease of 0.26% compared to 2022. The five-year Compound Annual Growth Rate (CAGR) was -0.34%, indicating a gradual decline over this period. Over the last decade, production peaked in 2015 with a 4.49% increase from 2014 but experienced a notable drop in 2017 by 8.34%. Since 2017, there were minor annual variations, with production stabilizing somewhat from 2018 onwards, albeit with a downward trend.
Forecasts from 2024 to 2028 predict a continued, slow decline in beef meat production, with an estimated 1.3% decrease over the five-year period and an annual average decline (CAGR) of 0.26%. This indicates a persistent downward trajectory for the foreseeable future.
Future trends to watch for include potential shifts in agricultural policies, technological advancements in livestock farming, and changes in consumer demand that could influence production levels. External factors such as climate change and economic conditions may also impact the industry significantly.
