Egypt Poultry Prices Today on the Exchange
Egypt Eyes Global Poultry Market as Domestic Production Soars
Cairo, Egypt – With a booming domestic poultry industry and a recent avian influenza-free certification from the World Organisation for Animal health, Egypt is setting its sights on expanding poultry exports to bolster foreign currency reserves.
The government aims to tap into new international markets, building on the success of achieving self-sufficiency in poultry production.
“We are looking to open new foreign markets for poultry exports to support Egypt’s foreign currency reserves,” said Abdelaziz Al-Said, head of poultry resources at the Cairo Chamber of Commerce.
Currently, Arab countries, along with some East Asian and african nations, are the primary destinations for Egyptian poultry exports, according to data from the Ministry of Agriculture.
prices Remain Stable Amidst Growing Demand
Despite the export push, chicken prices on the domestic market remain relatively stable. Today, prices on the poultry exchange range from 85 to 87 pounds per kilo, depending on the region.
The public chicken exchange price has stabilized at 74 pounds per kilo of white chicken. Egypt consumes approximately 150,000 tons of white chicken per month, and the country has achieved an remarkable 97% self-sufficiency in white poultry production.
“The authority is intensifying its campaign in collaboration with the Supply Inquiry Department to monitor the markets strictly,” said Mumtaz Shaheen, head of the General authority of Veterinary Services at the Ministry of Agriculture, emphasizing the government’s commitment to ensuring market stability.
Specialty Breeds See Price Increases
While white chicken prices remain steady, specialty breeds like Sasso chickens have seen a price increase, reaching almost 82 pounds per kilo on the public poultry exchange. White mothers have also hit record prices, reaching 60 pounds per kilo on farms.
At the “Mohamed Adel” Poultry Exchange, sasso prices remained stable at 80 pounds per kilo, while white chickens were recorded at 30 pounds.
The “Munir al-Sakka” chicken exchange mirrored these trends, with white chicken prices at 74 pounds. Local chicken prices hovered around 105 to 110 pounds, while Sasso chicken reached 100 pounds for consumers.
Robust Production Fuels Export Ambitions
Egypt’s poultry industry is thriving,with local production reaching approximately 4 million chickens per day,along with 13 billion eggs annually,according to al-Said. This robust production capacity provides a solid foundation for the country’s ambitious export goals.
As Egypt looks to expand its presence in the global poultry market, the government’s focus on quality control, disease prevention, and market stability will be crucial to ensuring the success of this initiative.
Egypt Aims to Conquer Global Poultry Market After Domestic Success
Cairo, Egypt – Riding high on a wave of booming domestic production and a recent clean bill of health from the World Organisation for Animal Health (OIE), declaring the country avian influenza-free, Egypt is poised to become a major player in the global poultry market. With its sights set on expanding poultry exports, the country aims to bolster dwindling foreign currency reserves.
“We are working to open new foreign markets for poultry exports to support Egypt’s foreign currency reserves,” stated Abdelaziz Al-Said, head of poultry resources at the Cairo Chamber of Commerce.
Currently, Egypt primarily exports poultry to Arab nations, as well as select East Asian and African countries, according to data from the Ministry of Agriculture.
Prices Remain Stable Despite Export Push
Despite the push for increased exports, chicken prices within Egypt remain stable. The public chicken exchange price for white chicken currently sits at 74 pounds per kilo, with prices ranging from 85 to 87 pounds per kilo depending on region. domestic consumption of white chicken is substantial, with egyptians consuming approximately 150,000 tons per month. Impressively, Egypt has achieved a remarkable 97% self-sufficiency in white poultry production.
“The authority is intensifying its campaign in collaboration with the Supply Inquiry department to monitor the markets strictly,” said Mumtaz Shaheen, head of the General authority of Veterinary Services at the Ministry of Agriculture.
Shaheen emphasized the government’s commitment to ensuring market stability in the face of increasing export ambitions.
Specialty Breeds See Price Surge
While white chicken prices remain stable, specialty breeds like Sasso chickens have experienced a price increase, reaching almost 82 pounds per kilo on the public poultry exchange. White mothers have also reached record prices, hitting 60 pounds per kilo on farms.
This trend was reflected at various poultry exchanges across the country. At the “Mohamed Adel” Poultry Exchange, Sasso prices held steady at 80 pounds per kilo, while white chickens were recorded at 30 pounds.
The “Munir al-Sakka” chicken exchange mirrored these trends, with white chicken prices at 74 pounds.Local chicken prices hover around 105 to 110 pounds, while Sasso chicken for consumers reached 100 pounds.
Robust Production Fuels Export Ambitions
Egypt’s poultry industry is thriving, with local production reaching approximately 4 million chickens per day, alongside 13 billion eggs annually, according to Al-Said.this robust production capacity provides a solid foundation for the country’s ambitious export goals.
As Egypt embarks on its journey to conquer the global poultry market, the government’s focus on quality control, disease prevention, and market stability will be crucial to ensuring its success.