22 Hrs
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بوابة الشروق
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Butchers Division: Most Sell Less Than Half a Cow Weekly
The meat market in Egypt is suffering from a severe decline in purchasing power due to the wave of inflation, which has led to rising prices. Households consume about 100 grams of meat daily. Additionally, 70% of butcher shops are experiencing weak demand and difficulties in meeting their financial obligations. The annual meat consumption is approximately 600,000 tons, with 60% imported from abroad and about 40% produced locally. The departure of experienced professionals from the industry indicates a deterioration of the sector, as butchers’ sales volumes decline and they are unable to sell more than half a carcass per week. This widespread stagnation is impacting both the market and the economy as a whole.
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