Analytical Economic Study of Red Meat Production and Consumption in Egypt

The research problem was the inability of the local production of red meat to meet the increasing demand as a result of the increase in the population, which led to a widening gap between production and consumption, as the food gap for red meat was estimated at about 639 thousand tons in 2020.
The most important results indicate:
- The decrease in red meat production by about 1.7%, which is equivalent to about 15.3 thousand tons annually. This may be due to the decrease in the numbers of live and slaughtered meat cattle from its various sources during the study period.
-There is a direct relationship between the number of animal units and meat production, as an increase in the number of animal units by about 10% leads to an increase in the production of red meat by 3.2%, and vice versa. It was also shown that there is a direct relationship between the production of red meat and the amount of concentrated feed production, as an increase in the quantity produced of concentrated feed by 10% leads to an increase in the production of red meat by 3.5%, assuming other factors remain constant.
-The existence of an inverse relationship between the price of red meat at real prices and the average per capita consumption of meat, where an increase in the price of a kilogram of red meat by about 10% leads to a decrease in demand for it by 5.8% and vice versa, which indicates that the demand for red meat is inelastic. It was also shown that there is a direct relationship between per capita 0nsumption of red meat and the price of a kilogram of chicken, as an increase in the price of a kilogram of chicken by 10% leads to an increase in the demand for red meat by 1.3%.
-Out of the living cow import value minimization models the second was preferred, as the average value of imports from them was reduced by about 43.5 million dollars from its actual counterpart, and the preference of the first model of models of the low value of imports of frozen beef was shown, as it reduced the value of imports by about 66 million dollars than its actual counterpart, which contributes to reducing the deficit in the Egyptian trade balance.