Mogadishu (Kaab TV) – Livestock markets across Mogadishu are experiencing a sharp increase in goat prices ahead of the upcoming Eid al-Adha celebrations, as traders and residents blame prolonged drought, inflation, and worsening economic conditions for the soaring costs.
Dayax Market, one of Mogadishu’s largest livestock trading centers, has become one of the clearest examples of the rising prices, with some goats now selling for between $190 and $350, while larger and healthier animals are reaching nearly $400.
Traders say this is one of the highest price increases seen in recent years during the Eid season, a period when demand for sacrificial animals traditionally rises across Somalia and the wider Muslim world.
“The market situation has changed dramatically. The prolonged drought, shortage of grazing land, and declining purchasing power have all pushed livestock prices higher,” said a trader at Dayax Market.
According to livestock sellers, repeated droughts in central and southern Somalia have severely affected pastoral communities, reducing the number of healthy animals reaching major markets in Mogadishu. Many herders have also struggled with water shortages, animal disease, and rising transportation costs, all of which have contributed to the higher market prices.
The situation has been worsened by Somalia’s broader economic difficulties, including inflation and the rising cost of basic goods and fuel. Traders say transportation expenses for moving livestock from rural areas to Mogadishu have increased significantly in recent months.
Residents looking to buy animals for Eid sacrifices say the rising costs are putting many families under financial pressure, especially low-income households already struggling with high living expenses.
“A goat that used to cost around $150 is now selling for more than $250,” said one customer shopping at the market.
Some families say they may be forced to share sacrificial animals with relatives or abandon plans to buy livestock altogether due to the rising prices.
The increase comes just days before Eid al-Adha, one of the most important Islamic holidays, during which Muslims traditionally slaughter animals such as goats, sheep, or camels and distribute the meat among relatives, neighbors, and poor families.
Economists and market observers warn that if drought conditions continue and inflation remains high, livestock prices could rise even further in the coming months, placing additional strain on Somali households already facing economic hardship.