From 2014 to 2023, the mutton and goat meat demand in Egypt has experienced a fluctuating yet predominantly declining trend. Notable annual variations include a peak of 5.15% in 2015, sharp declines in 2017 and 2018 by -28.57% and -21.05% respectively, and consistent annual drops from 2019 to 2023. As of 2023, the demand stood at 59.0 Thousand Metric Tons, marking a decrease of -7.81% from the previous year.
Looking ahead, the forecast for 2024 to 2028 predicts a steady decline, with the average annual decrease (CAGR) being -8.54%, resulting in a total reduction of about -35.99% over the five-year forecast period.
Future trends to watch for:
- Shifts in consumer preferences towards other protein sources.
- Government policies on livestock production and imports.
- Economic factors influencing disposable income and meat consumption.
- Potential impacts of climate change on livestock farming.
