Egypt’s Poultry Sector: Production Surplus, Price Stability, and Global Competitive Potential

Samih El-Sayed, Head of the Poultry Division at the Giza Chamber of Commerce and a member of the Poultry Producers Union, confirmed that poultry prices have remained low over the past four months. He emphasized that Egypt’s poultry industry is strong and has achieved a production surplus of approximately 25%.
During his interview on the “Sabah El-Balad” program on Sada El-Balad TV, El-Sayed explained that producers suffered during the previous period as prices fell below production costs due to oversupply, causing losses for many poultry farmers.
He noted that the increase in production was the main reason behind the earlier price decline, but in recent days prices have started to be adjusted to prevent further losses for producers and restore market balance.
El-Sayed added that production input costs have a direct impact on poultry prices, stressing that Egypt has achieved self-sufficiency in poultry and eggs, while also exporting to several Arab countries.
He further highlighted that Egypt has the capacity and capabilities to compete with major global producers, including Brazil, especially with the Ministry of Agriculture working to attract new investors into the sector.
Meanwhile, Dr. Tharwat El-Zini, Vice Chairman of the Poultry Producers Union, stated that poultry consumption increases by around 30% during the month of Ramadan, calling for close market monitoring to prevent unjustified price hikes.
In a phone interview on the “Kalema Akhera” program on ON TV, El-Zini explained that increasing supply is the only real guarantee against price inflation, noting that pricing is determined based on current production costs.
He concluded that price stability is closely linked to the sustainable and continuous availability of production inputs.

Source:  https://www.elbalad.news/