Egypt's meat market has witnessed significant price fluctuations, with the cost of various meat types increasing substantially. According to the latest data from the government's price monitoring portal, prices of red meat have shown notable variations. The data, which is updated regularly, provides insights into the prices of different meat types across the country. This information is crucial for consumers and stakeholders in the meat industry.
The price of lamb has seen a considerable increase, with the average price of pure lamb reaching around 480 pounds per kilogram, a 10-pound increase from the previous price. The prices of lamb vary, ranging from 380 to 550 pounds per kilogram. This surge in lamb prices may be attributed to various market and economic factors. The government's data suggests that the prices of lamb have been steadily increasing over time.
The price of lamb with bones has also increased, with an average price of around 448 pounds per kilogram, a 40-pound increase from the previous price. The prices of lamb with bones range from 400 to 490 pounds per kilogram. This increase in price may impact consumers who prefer lamb with bones. The data highlights the importance of monitoring price trends in the meat market.
The prices of beef have also seen significant changes. The average price of pure beef has reached around 470 pounds per kilogram, a 15-pound increase from the previous price. The prices of beef range from 380 to 520 pounds per kilogram. This increase in beef prices may be influenced by factors such as supply and demand. The government's data provides valuable insights into the trends and patterns in the meat market.
The price of beef with bones has seen a substantial increase, with an average price of around 450 pounds per kilogram, a 64-pound increase from the previous price. The prices of beef with bones range from 350 to 500 pounds per kilogram. This surge in price may have implications for consumers who purchase beef with bones. The data suggests that the prices of beef with bones have been volatile.
The prices of imported beef have also shown variations. The average price of imported beef from older cattle has decreased, reaching around 366 pounds per kilogram, a 9-pound decrease from the previous price. The prices of imported beef from older cattle range from 280 to 400 pounds per kilogram. This decrease in price may be influenced by factors such as global market trends.
The prices of imported beef from young cattle have seen an increase, with an average price of around 454 pounds per kilogram, a 12.5-pound increase from the previous price. The prices of imported beef from young cattle range from 400 to 490 pounds per kilogram. The data highlights the importance of monitoring price trends in the imported beef market.
Key points
- Egypt's meat prices have surged, with some types reaching record highs.
- The prices of lamb and beef have seen significant increases.
- The government's price monitoring portal provides valuable insights into the trends and patterns in the meat market.