The price of eggs is soaring

The price of eggs is soaring

News summary: due to the ongoing surge of avian flu, the European market for eggs especially France is experiencing a rise in egg prices.

France: The avian influenza epidemic is boosting the price of egg production by 77.3% over a year.

With the avian influenza crisis raging strongly in Europe, the producer price of eggs remains particularly high.

In February 2023, the producer price of eggs jumped by 77.3% over one year, reports Agreste, the statistics service of the Ministry of Agriculture in France, in its Quick News note of April 7, 2023.

“The avian influenza crisis in Europe is leading to a deficit of production. In France, areas of high production density are under tension, as in the Côtes-d’Armor,” explains the Ministry. At the same time, the price of feed for chickens rises by 20% year-on-year.

Increase in egg imports

In a context of declining production, the volumes of imported eggs increased by 28.4% over one year, especially those of shell eggs from Poland. Exports of shell eggs and food products fell by 22.8%.

In addition, the placement of laying pullets is stable over a year. Therefore, consumer egg production is likely to increase by 2.0% between March 2022 and March 2023 to 3.9 billion units in the first quarter of 2023.

Source: Lafranceagricole.fr