Eggs’ Prices Jump in Egypt’s Market

Eggs prices hiked by up to 60 L.E owing to the supply and demand problem and climate-related issues affecting production, according to egg producers and Egypt's poultry chamber.

As of January 2022, the monthly average price of eggs carton in Egypt was 60 L.E Egyptian pounds (3.8 U.S. dollars) per egg carton, registering a jump of 1.28 percent from the previous month.

The head of the poultry chamber, Abdel Aziz El-Sayed said: "While the price will go up by 5 L.E for a dozen eggs Wednesday, the price of eggs will continue to escalate owing to increased feed and packaging (egg carton) prices."

“So the egg producers will always get a fair market price and if the feed prices go up, then the egg prices go up as well,” El-Sayed noted.

In 2021, red meat and poultry prices jumped by 4.6%, milk, cheese, fish, and seafood by 1.3%, according to domestic statistics.

In September, inflation climbed to 1.5% from 1.1%. The month-on-month increase was led by a 1% rise in the food index, which makes up 32.7% of the inflation index, according to the latest economic reports.