Egg prices in Egypt have stabilized, ranging from 120 to 125 pounds per carton at the farm, according to Abdelaziz El-Sayed, head of the poultry wealth department at the Cairo Chamber of Commerce. The Egyptian government is working to provide support to small and large producers, and to open new export markets in Arab and African countries, as well as international markets. This comes after Egypt was approved as one of the countries that apply the isolated poultry farm system, according to the World Organisation for Animal Health (WOAH) regulations.
The Egyptian poultry sector has achieved an unprecedented investment and production boom in recent years, with investments exceeding 200 billion pounds, according to Dr. Tarek Soliman, head of the animal and poultry wealth development sector. The poultry industry is one of the main pillars of food security and the national economy, providing direct and indirect job opportunities for around 3.5 million citizens.
The average per capita consumption of eggs from local farms in Egypt is around 140 eggs per year, according to statements by Agriculture Minister Alaa Farouk. The egg prices have stabilized at 140 pounds for consumers. The poultry sector in Egypt includes more than 27,000 diverse farms, including farms for producing table eggs, broiler chickens, parent stock, and companies specializing in producing parent and grandparent stock.
The price of local eggs has recorded 150 pounds per carton, while the price of red eggs has stabilized at 145 pounds per carton. The Egyptian government has succeeded in increasing the production capacity of veterinary vaccines to 2.3 billion doses annually, compared to 120 million doses annually previously, according to Agriculture Minister Alaa Farouk.
The egg exchange today ranges from 140 to 145 pounds. The Ministry of Agriculture is working to accelerate the opening of new markets to absorb the surplus local production, in light of the boom in the poultry sector. The ministry is also working to provide easy financing for breeders in cooperation with the National Bank of Egypt and the Egyptian Agricultural Bank.
The Ministry of Agriculture is providing financing to support the purchase of production requirements, such as feed, chicks, medicines, and veterinary vaccines, as well as financing for the development of breeding rooms and converting them from open to closed systems. This aims to increase production efficiency and economic returns. The production of table eggs has increased to 16 billion eggs, compared to 14 billion eggs in the previous year.
The production of local chickens has reached 360 million birds, an increase of more than 12%, according to Dr. Tarek Soliman, head of the animal and poultry wealth development sector. The Egyptian government is working to support the poultry sector and increase its competitiveness in the local and international markets.
Key points
- Egg prices in Egypt range from 120 to 125 pounds per carton at the farm.
- The Egyptian poultry sector has achieved an unprecedented investment and production boom in recent years.
- The production of table eggs has increased to 16 billion eggs, compared to 14 billion eggs in the previous year.
