Egypt egg prices rise despite producer losses
The prices of table eggs in Egypt have experienced a noticeable rise after a period of decline. The market has shifted from a state of surplus and prices below production costs to a market correction supported by increased demand due to the return to school and a relatively reduced supply. Rising costs of input factors such as feed and transportation have contributed to higher egg prices, with prices returning closer to equilibrium levels after several months of losses borne by producers. This increase represents a market correction following a period where prices were up to 50% below production costs. The balance between supply and demand has been restored with the back-to-school season, which boosted demand and helped push prices to levels between 100 and 110 Egyptian pounds per farm, with consumer retail prices rising by about 30 pounds. Experts confirm that the current rise is not an unusual increase but rather a correction after a long wave of losses. The current levels reflect a new balance that meets the needs of both producers and consumers.
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