The European egg sector cannot compete with Ukraine and the USA

Published 2023년 1월 21일

Tridge summary

Free trade negotiations with non-EU countries, leading to lower or eliminated import duties, could potentially threaten the European egg industry, especially with egg powder. Countries like Ukraine and the US could offer lower prices, and with a 10% lower exchange rate, Argentina and India could also compete. The highest price advantage could be from Ukraine and the US, with offer prices being up to 24% lower than the EU average. This is due to lower production costs and less stringent legislation in these countries. The EU, however, has higher costs due to European legislation on animal welfare, environmental protection, and food safety.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

If free trade negotiations with non-EU countries lead to a reduction or elimination of import duties, competition from non-EU countries is a threat, especially for egg powder. In a scenario with 50% lower import duties, Ukraine and the US can supply whole egg powder at a lower price compared to the European egg sector. This was noted by Wageningen Economic Research poultry economist Pieter van Horn, pluimveeweb.nl writes. Follow the news in a convenient format: Follow us on Twitter If free trade negotiations with non-EU countries lead to a reduction or elimination 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 ...

Source: Landlord