Monthly average prices for sheep meat in Egypt 2019-2023
In May 2023, the monthly average price for sheep meat in Egypt was 298.19 Egyptian pounds (9.64 U.S. dollars) per kilogram, recording a slight increase of 11.87 percent from the preceding month. A drastic drop in prices can be noticed starting October 2019, as a result of the government's response to a severe recession in the Egyptian meat market. This was conducted by increasing the supply of meat imports from Sudan and Brazil. The price kept dropping until February 2021, were it reached 139.76 Egyptian pounds (4.52 U.S. dollars), before starting to increase again.