Today, Wednesday, meat prices in the markets witnessed remarkable stability after a clear movement in the past days, amid the availability of a huge supply that suffices the needs of the market and pumping large quantities into the markets through the outlets of the Ministry of Supply and the National Service Agency, to control prices and prevent them from moving.
Meat prices in government outlets
Red meat prices in outlets: 220 pounds per kilo.
The price of fresh Sudanese meat in outlets: 220 pounds.
Meat prices in mobile outlets: 220 pounds.
Meat prices in Aman outlets: 220 pounds.
The price of fresh baladi meat at the Armed Forces outlets: 250 pounds.
Prices of frozen and minced Brazilian meat in the market: 200 pounds per kilo.
The price of a kilo of minced meat ranges between 250 and 300 pounds.
The price of a kilo of veal meat ranges between 240 and 280 pounds.
The price of a kilo of Brazilian frozen meat ranges between 130 and 140 pounds.
The price of a kilo of Kandouz meat ranges between 250 and 320 pounds.
Egypt’s imports of live meat, cows and buffaloes
It is noteworthy that the value of Egypt’s imports of live meat, cows and buffaloes increased by about 17.8% during the period from January to September 2022, to reach about $1.367 billion, compared to $1.16 billion during the same period of 2021.
The value of Egypt’s import bill of those commodities decreased by 55.7% during September, to reach about $50.421 million, compared to $113.919 million during the same month of 2021, according to the indicators of the Foreign Trade Bulletin issued by the Central Agency for Public Mobilization and Statistics.
The value of Egypt’s imports of live cows and buffaloes decreased by 42% during the first 9 months of 2022, to record about $99.252 million compared to $171.11 million during the same period of 2021, as well as by 83.2% during September to reach about $2.816 million compared to $16.808 million. During the same month of 2021.
Possible price per kilo of meat
Mohamed Wahba, head of the butchers’ division, said that the rise in meat prices is due to the rise in feed prices during the last period, and on the other hand, the rise in the prices of imported meat, which is highly relied upon, pointing out that Egypt’s meat production is not sufficient for local consumption.
Wahba added that the price of meat ranges between 280 and 320 pounds, and is expected to reach 350 pounds by Eid al-Adha. If the state does not develop radical solutions and not palliatives to reduce prices, this is done by increasing the quantities of imported meat in the coming period.