Eggflation.  Drastic rise in egg prices.  They cost as much as poultry meat

Eggflation. Drastic rise in egg prices. They cost as much as poultry meat

The National Chamber of Poultry and Feed Producers (KIPDiP) informed about the latest quotations, according to which wholesale prices of eggs and poultry meat in the EU are at the same level. Specialists indicate that the current price anomalies are the result of bird flu, which in turn translated into, among others, to a decrease in egg production potential.

The EC quotations on March 20, 2023 indicated that 100 kilograms of poultry meat from chickens for fattening cost EUR 263.4 on average in the countries. On the other hand, 100 kilograms of chicken eggs cost PLN 263.95. According to the National Chamber of Poultry and Feed Producers, the observed price anomalies testify to a large scale of the poultry industry’s imbalance.

Eggs in the price of poultry meat. It’s all about bird flu

– The price anomalies we are currently dealing with are the result of behaviors that are the consequences of this epizootic. Statistically, the virus primarily affects flocks of laying hens, and only to a small extent flocks of chicken broilers intended for meat. Bird flu is harmful not only by directly leading to the physical liquidation of flocks, but also by indirectly stopping the replenishment and expansion of production potential – explained Mariusz Szymyślik, director of analyzes of KIPDiP, quoted by the website.

Specialists estimated that compared to 2022, the egg production potential recorded in January 2023 was approx. 9 percent. lower. The Chamber estimated that the potential decreased by more than 15 percent. According to Mariusz Szymyślik, since the beginning of June 2022, wholesale egg prices have increased by over 123 percent. “Fortunately for consumers, not the entire increase in wholesale prices has been transferred to retail prices” – emphasized the director of KIPDiP analyses, quoted by money.pl.

Eggflation. Egg prices on the Polish market

Currently, the average price of eggs in the EU is about 75% higher than in the EU. compared to the averages calculated in 2018-2022. According to data quoted by the portal, “in the third week of March this year, the average prices of 100 table eggs in packing plants (wholesale), according to data collected by the Ministry of Agriculture, were PLN 81.48 for cage eggs (class L) and PLN 79.39 PLN (class M); barn eggs PLN 90.01 (L) and PLN 81.47 (M); free-range eggs – PLN 94.12 (L) and PLN 86.88 (M).”

Poland is the sixth country on the list of the largest eggs in the EU, right after France, Germany, Spain, Italy and the Netherlands. In 2022, over 228,000 tons of eggs for the amount of EUR 427.5 thousand were exported outside our country. The eggs went to Germany, the Netherlands, Hungary, the Czech Republic or Italy. Last year, Poland imported approx. 19.8 thousand. tonnes of eggs coming mainly from Germany and Lithuania.

Source: Gazeta

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