The price of egg cartons in Egypt's local market has stabilized, with white eggs priced at 120 EGP and red eggs at 125 EGP per carton at the farm, according to Abdelaziz El-Sayed, head of the poultry wealth department at the Cairo Chamber of Commerce. This stability is crucial for consumers and the poultry industry, which provides employment opportunities for approximately 3.5 million citizens.
The Egyptian Ministry of Agriculture is working to provide easy financing for breeders in collaboration with the National Bank of Egypt and the Egyptian Agricultural Bank. This initiative aims to support the purchase of production necessities such as feed, chicks, medicines, and veterinary vaccines. Additionally, the ministry is financing the development of breeding rooms to increase production efficiency and economic returns.
The poultry sector in Egypt comprises over 27,000 diverse farms, including those producing table eggs, broiler chickens, parent stock, and companies specializing in producing parent and grandparent stock. According to Agriculture Minister Alaa Farouk, the sector has achieved significant growth, with table egg production reaching 16 billion eggs, up from 14 billion eggs the previous year.
The price of red egg cartons for consumers stands at 145 EGP, while the wholesale price of white and red egg cartons ranges between 120-125 EGP. The poultry industry is a cornerstone of Egypt's food security and national economy. The government is working to support small and large producers and explore new export markets in Arab, African, and international markets.
The average Egyptian's annual consumption of eggs from local farms is around 140 eggs, according to Minister Alaa Farouk. The white egg carton price for consumers is 140 EGP. The sector has seen unprecedented investment and production growth in recent years, with investments exceeding 200 billion EGP, as stated by Dr. Tariq Suleiman, head of the Animal and Poultry Wealth Development Sector.
Egypt's poultry sector has made significant strides, with the production of local breed chickens reaching 360 million birds, a 12% increase. The industry provides direct and indirect job opportunities for millions and contributes substantially to the national economy. Efforts to enhance production efficiency and expand export opportunities are ongoing.
The Egyptian government, through the Ministry of Agriculture, continues to support the poultry sector by providing financing options and working to improve production infrastructure. This support aims to ensure the sector's continued growth and stability, ultimately benefiting both producers and consumers.
Key points
- The Egyptian poultry sector provides employment for approximately 3.5 million citizens and has seen significant growth in production.
- The government is working to support the sector through financing initiatives and exploring new export markets.
- Egg production in Egypt has reached 16 billion eggs annually, with an average consumption of 140 eggs per person.
