The 12-year blockade has stifled demand and left Palestinians unable to afford the cost of animals in order to complete the Islamic ritual of slaughtering and distributing the meat.
Livestock seller Sami Al-Batniji said the coming days will determine how successful this season is for farmers, but to date, only a handful of people have come forward to buy an animal.
To tackle the economic crisis, the Ministry of Agriculture in Gaza has made available smaller quantities of meat which residents can buy and saves them from buying a whole animal.
It said that there are 12,000 cows and 30,000 sheep on offer this season. The Gaza Strip consumes more than 10,000 heads of cattle during the Eid Al-Adha period.
Prices range from $4.5-5 per kilogramme of beef and $5.5-7.5 per kilogramme of lamb.