Oversupply hits Ukraine's egg market after nearly two years of shortages

The Ukrainian egg market is facing a supply glut despite record exports, said Yevhen Khailov, sales director at local egg manufacturer Incuba. The country’s monthly production has already exceeded 100 million eggs, while farmers have increased the number of laying hens to meet demand in recent years, resulting in supply that now exceeds domestic consumption. Khailov noted that the ability to reduce the chicken population is limited, as the poultry meat market is also saturated. In addition, farms are facing difficulties due to prolonged power outages, which affect both slaughter and storage of meat. In the first half of 2024, Ukraine’s egg exports grew to 36,980 tons, compared to 29,700 tons in the same period a year earlier. Most of the exports were destined for European countries such as Poland and Italy, as well as markets in Singapore, the United Arab Emirates and Israel, according to the Poultry Farmers’ Union of Ukraine. With long-term blackouts expected during the winter, ...