The Egyptian egg market has seen stability in prices, with a carton of eggs ranging from 120 to 125 pounds at the farm level, as reported by Abdelaziz El-Sayed, head of the poultry wealth department at the Cairo Chamber of Commerce. The government is working to provide support to small and large producers, aiming to open new export markets in Arab and African countries, as well as international markets. This move comes after Egypt was approved as one of the countries applying the isolated poultry farm system, following the guidelines of the World Organisation for Animal Health (WOAH).
The poultry sector in Egypt has experienced unprecedented growth in recent years, with investments exceeding 200 billion pounds, according to Dr. Tarek Soliman, head of the animal and poultry wealth development sector. The Ministry of Agriculture is providing easy financing to breeders in cooperation with the National Bank of Egypt and the Egyptian Agricultural Bank, to support the purchase of production necessities such as feed, chicks, medicines, and veterinary vaccines.
The price of eggs for consumers has reached 140 pounds, while production of table eggs has increased to 16 billion eggs, compared to 14 billion eggs in the previous year. The production of local poultry has also risen to 360 million birds, an increase of over 12%, according to Dr. Tarek Soliman, head of the animal and poultry wealth development sector. The government is working to provide support to the poultry sector, which provides job opportunities for around 3.5 million citizens.
The price of a carton of eggs ranges from 140 to 150 pounds, and the sector includes over 27,000 diverse farms, including those producing table eggs, broiler chickens, and parent stock, as well as companies specializing in producing parent and grandparent stock. The Ministry of Agriculture is accelerating procedures to open new markets to absorb the surplus of local production, given the boom in the poultry sector.
The price of local eggs has reached 150 pounds per carton, and the country has succeeded in increasing its production of veterinary vaccines to 2.3 billion doses annually, compared to 120 million doses previously, according to Dr. Alaa Farouk, Minister of Agriculture and Land Reclamation. The poultry industry is one of the main pillars of food security and the national economy.
The current egg market prices range from 140 to 145 pounds, and the average per capita share of local farm eggs in Egypt is around 140 eggs annually, according to Dr. Alaa Farouk, Minister of Agriculture and Land Reclamation. The red egg price has reached 145 pounds per carton. The government aims to continue supporting the sector to maintain its growth and stability.
The Egyptian government is committed to supporting the poultry sector, which has become a significant contributor to the country's economy and food security. With a growing population and increasing demand for protein-rich foods, the sector is expected to continue its growth trajectory. The government's efforts to open new export markets and provide support to breeders are expected to have a positive impact on the sector's future prospects.
Key points
- The Egyptian egg market has seen stability in prices, with a carton of eggs ranging from 120 to 125 pounds at the farm level.
- The poultry sector in Egypt has experienced unprecedented growth in recent years, with investments exceeding 200 billion pounds.
- The government is working to provide support to small and large producers, aiming to open new export markets in Arab and African countries, as well as international markets.