From 2013 to 2023, beef meat slaughtering in Egypt experienced substantial variability. There was an initial minor decline up to 2014, followed by a significant bounce-back in 2016 and 2017, before a steep 27.78% drop in 2018. This downward trend persisted, with the value standing at 1.092 million heads in 2023, representing a -1.7% year-on-year change and an average annual decrease of 0.94% over the past five years.
Over the next five years, slaughtering rates are forecasted to continue declining with an average annual shrinkage rate of 1.5%, leading to an overall reduction of 7.27% by 2028.
Future trends to watch for:
- Impact of domestic agricultural policies on livestock farming
- Inflationary pressures on meat prices and consumer demand
- Possible shifts towards alternative proteins affecting beef demand
- International trade developments and their influence on local beef production
