An amazing development in Egyptian fish farming during the past seven years

Published 2022년 3월 1일

Tridge summary

The report highlights the significant growth in Egypt's fish farming sector over the past seven years, with a 17.64% increase in fish production from 1.7 million tons in 2016 to 2 million in 2020. This growth is attributed to the expansion in the use of new technologies, improved farming practices, and the plan to increase production to 3 million tons by 2025. The sector plays a crucial role in ensuring food security and economic growth, with demand for fish expected to rise due to population growth and increasing incomes. The report also notes the importance of sustainable practices in fish farming and the shift towards high-quality extruded feed. Additionally, the report discusses the significant increase in soybean imports to support local soybean crushing capabilities, with the United States being the largest supplier during the 2016/2017 to 2019/2020 period.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The field of fish farming in Egypt has witnessed rapid and amazing development during the past seven years, according to a recent report by the American Agricultural Affairs Office in Cairo. This sector is an important contributor to ensuring food security and the growth of the Egyptian economy. A recent report by the American Agricultural Affairs Office in Cairo anticipates an increase in the demand for fish in the coming years, driven by population increase and economic growth, which will require a sustainable increase in fish production through the use of technology to improve the use of modern feed, high-quality nutrition and innovations in water use efficiency in addition to good farming practices. The report’s data showed an increase in fish production in Egypt by 17.64 percent, from 1.7 million tons in 2016 to 2 million in 2020. The data revealed a growth in the share of fish farming in Egypt from 1.37 million tons in 2016 to 1.62 million tons in 2020, representing 81% of ...
Source: Almalnews

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.