Egypt: Fresh Whole Chicken Market 2024

Fresh Whole Chicken Market Size in Egypt

The Egyptian fresh whole chicken market reached $X in 2021, rising by 3.7% against the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Fresh Whole Chicken Production in Egypt

In value terms, fresh whole chicken production reached $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 28%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Fresh Whole Chicken Exports

Exports from Egypt

In 2021, overseas shipments of fresh or chilled whole chickens increased by 26% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, continue to indicate a sharp slump. The growth pace was the most rapid in 2015 with an increase of 113%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, fresh whole chicken exports surged to $X in 2021. Over the period under review, exports, however, showed a precipitous descent. The pace of growth was the most pronounced in 2016 with an increase of 105%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kuwait (X tons) was the main destination for fresh whole chicken exports from Egypt, with a 93% share of total exports. Moreover, fresh whole chicken exports to Kuwait exceeded the volume sent to the second major destination, Libya (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Kuwait stood at +10.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (-46.0% per year) and Vietnam (-62.0% per year).

In value terms, Kuwait ($X) remains the key foreign market for fresh or chilled whole chickens exports from Egypt, comprising 96% of total exports. The second position in the ranking was held by Libya ($X), with a 2.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Kuwait amounted to -4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (-55.9% per year) and Vietnam (-60.9% per year).

Export Prices by Country

In 2021, the average fresh whole chicken export price amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, recorded a slight slump. The growth pace was the most rapid in 2016 an increase of 31% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Kuwait ($X per ton), while the average price for exports to Libya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Fresh Whole Chicken Imports

Imports into Egypt

In 2021, after two years of decline, there was significant growth in overseas purchases of fresh or chilled whole chickens, when their volume increased by 12% to X tons. In general, imports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2018 with an increase of 107%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, fresh whole chicken imports shrank to $X in 2021. Over the period under review, imports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2017 with an increase of 115%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Brazil (X tons) constituted the largest fresh whole chicken supplier to Egypt, with a 69% share of total imports. Moreover, fresh whole chicken imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil totaled -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+65.5% per year) and Ukraine (-30.7% per year).

In value terms, the largest fresh whole chicken suppliers to Egypt were Brazil ($X), the United States ($X) and Ukraine ($X), with a combined 99.9% share of total imports.

Among the main suppliers, the United States, with a CAGR of +64.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average fresh whole chicken import price amounted to $X per ton, reducing by -15.7% against the previous year. Overall, the import price recorded a pronounced setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 86%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Ukraine ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+8.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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