Duck prices jump by at least 65% this year in Egypt

Published 2023년 3월 19일

Tridge summary

The article highlights a significant increase in the price of ducks in Egypt this season, with the cost per kilo rising from 65 pounds last year to between 107 and 115 pounds, a surge of 65 to 80%. This increase is largely due to a rise in feed prices and a reduced supply of 'Mueller' ducks, following a change in import procedures by the Central Bank. The high prices have led to a decrease in demand for ducks this year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

I wrote – Dina Khaled: Abdel Aziz El-Sayed, head of the Poultry Division at the Cairo Chamber of Commerce, said that the prices of ducks witnessed significant increases this season, as the price per kilo ranged between 107 and 115 pounds for different types, compared to 65 pounds last year, an increase between 65 and 80%. Al-Sayed attributed, to Masrawy, the large increase in duck prices this year, to the large increase in feed prices, as well as the lack of supply of ducks after the decline in Egypt's imports of French "Mueller" ducks. The varieties of ducks found in Egypt vary between Baladi, Muscovy, Pekingese and Muller, according to Al-Sayed. The prices of fodder raw materials jumped due to the lack of supply in the market during the current period, according to the head of the division. Last February, the Central Bank issued a decision to stop dealing with collection documents in all import operations and to use letters of credit instead, before rescinding this decision at ...
Source: EGmasrawy

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