The Egyptian bovine meat production has experienced various fluctuations from 2013 to 2023, with a notable decline in overall output. In 2023, the production stood at 767.27 thousand metric tons. Instances of year-on-year changes include significant declines such as the 8.6% drop in 2017 and a 5.23% decrease in 2020; however, there were also years of recovery, including a 5.02% increase in 2021. Over the last five years, the average annual change rate (CAGR) was -0.24%, indicating a slight overall decline.
Looking forward to the forecasted period from 2024 to 2028, the projected CAGR is -0.19%, suggesting a continued slight downward trend in bovine meat production, culminating in 758.16 thousand metric tons by 2028. The average annual growth rate over these five years is expected to be around -0.94%, illustrating a modest but consistent decrease.
Future trends to watch for include changes in domestic demand, shifts in agricultural policies, and possible innovations in livestock farming practices. Additionally, global climate changes and economic factors will likely influence Egypt's bovine meat production trends.
