With abolition of customs duties, the EU egg sector will not be able to withstand competition with Ukraine

The abolition of import duties on egg products by the European Union will have a negative impact on the industry. Such conclusions were made by Peter van Horn, an economist from Wageningen Economic Research, writes pluimveeweb.nl. He clarified that if free trade negotiations with non-EU countries lead to a reduction or abolition of import duties, this will be a threat to the industry, especially in the case of egg powder. The expert considered several options for reducing tariffs. If the import duty is reduced by 50%, Ukraine and the USA will be able to supply whole egg powder at a price lower compared to the European sector. In the event of a 50% reduction in the import duty and a 10% lower exchange rate outside the EU, Argentina and India may join them. The worst case scenario is complete removal of duties and a 10% lower exchange rate. In this case, all non-EU countries will become very cheap suppliers of whole egg powder. Then the offer prices can be 16% (Argentina), 20% ...