Egypt: Beef Market Overview 2020

Beef Market Size in Egypt

The revenue of the beef market in Egypt amounted to $X in 2017, coming up by X% against the previous year. Overall, beef consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. Over the period under review, the beef market attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Beef Production in Egypt

Beef production in Egypt stood at X kg in 2017, approximately mirroring the previous year. In general, beef production continues to indicate a relatively flat trend pattern. Beef output in Egypt indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the producing animals and a relatively flat trend pattern in yield figures.

In 2017, average beef yield in Egypt stood at X kg per head, going down by -X% against the previous year. In general, beef yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, with an increase of X% against the previous year. Over the period under review, the beef yield reached its peak figure level of X kg per head in 2016, and then declined slightly in the following year.

The number of animals slaughtered for beef production in Egypt stood at X head in 2017, lowering by -X% against the previous year. Overall, beef producing animals continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, this number reached its maximum figure of X heads in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Beef Exports from Egypt

In 2017, approx. X tonnes of beef (cattle meat) were exported from Egypt; coming up by X% against the previous year. Overall, the total exports indicated a notable increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the beef exports increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2011, when it surged by X% against the previous year. Over the period under review, the beef exports attained its peak figure volume of X tonnes in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, beef exports stood at $X in 2017. In general, beef exports continue to indicate a prominent growth. Over the period under review, the beef exports attained its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Beef Exports by Country from Egypt

The countries with the highest levels of beef exports in 2017 were India (X tonnes), Brazil (X tonnes), Australia (X tonnes) and the U.S. (X tonnes), together resulting at X% of total export. The Netherlands (X tonnes), New Zealand (X tonnes), Poland (X tonnes), Ireland (X tonnes), Paraguay (X tonnes), Canada (X tonnes), Uruguay (X tonnes) and Argentina (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Australia ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports. India, the Netherlands, Ireland, New Zealand, Canada, Poland, Uruguay, Argentina, Paraguay and Egypt lagged somewhat behind, together accounting for a further X%.

India (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Export Prices by Country in Egypt

The beef export price in Egypt stood at $X per kg in 2017, growing by X% against the previous year. Overall, the export price indicated a noticeable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the beef export price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2014, when the export prices increased by X% against the previous year. Egypt export price peaked of $X per kg in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the U.S. ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Beef Imports into Egypt

In 2017, approx. X tonnes of beef (cattle meat) were imported into Egypt; stabilizing at the previous year. Overall, beef imports continue to indicate a pronounced increase. The pace of growth appeared the most rapid in 2010, when imports increased by X% year-to-year. Egypt imports peaked of X tonnes in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, beef imports totaled $X in 2017. In general, beef imports continue to indicate a prominent growth. Egypt imports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Beef Imports by Country into Egypt

The countries with the highest levels of beef imports in 2017 were the U.S. (X tonnes), Viet Nam (X tonnes), China (X tonnes), Japan (X tonnes), China, Hong Kong SAR (X tonnes), Italy (X tonnes), South Korea (X tonnes), the Netherlands (X tonnes), Germany (X tonnes), Egypt (X tonnes), Russia (X tonnes) and the UK (X tonnes), together accounting for X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest beef markets worldwide were the U.S. ($X), China ($X) and Japan ($X), with a combined X% share of total imports. Viet Nam, South Korea, Germany, Italy, China, Hong Kong SAR, the Netherlands, the UK, Russia and Egypt lagged somewhat behind, together comprising a further X%.

Viet Nam (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Beef Import Prices by Country in Egypt

The beef import price in Egypt stood at $X per tonne in 2017, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. Egypt import price peaked of $X per tonne in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Germany ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform