Egypt is witnessing a significant rise in the price of red meat, which has led to a decline in Egyptian consumption. The exit of 30% of butchers from the production system, and the reluctance of 70% of breeders to raise livestock.
The average per capita meat reached 7.3 kilograms in 2020, according to data from the Central Agency for Mobilization and Statistics. The price of a kilogram exceeded 100 pounds and recently fell to 85 pounds, while the price per kilogram in May last year was about 40 pounds.