Crate of eggs to hit Ghana at GH¢30 by the end of the year

Published 2021년 9월 10일

Tridge summary

The Ghana National Association of Poultry Farmers (GNAPF) predicts that the cost of eggs could rise to GH¢30 per crate by December 2021, which will also increase the price of individual eggs. The poultry sector is struggling due to the economic impact of the pandemic and the need for support to survive. The country relies heavily on chicken imports, with a significant portion of eggs coming from Ivory Coast. The high cost of feed, which makes up 65% of the total production cost, is a major issue. The status of the Broiler Revitalisation Programme, intended to provide day-old chicks to farmers, is uncertain, and GNAPF is calling for government engagement to develop policies to revitalize the sector.

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

Original content

The Ghana National Association of Poultry Farmers (GNAPF) has projected that a crate of eggs, which currently costs between GH¢20-24 depending on size, could sell at an average price of GH¢30 by December 2021. The projection in price increase per crate, is as well expected to affect the price of an egg, which currently sells at GH¢1.50 pesewas in most places. The association has said the poultry sector is in dire need of support to stand on its feet amidst the negative impacts of the pandemic, which has become a threat to the already-collapsing industry. Players in the poultry value chain are of the firm belief that until a pragmatic policy framework is put in place, the poultry industry cannot take its rightful place in contributing meaningfully to the country’s GDP. Ghana currently imports over US$350 million (about 180,000 metric tonnes) worth of chicken annually, or the equivalent of five million chickens each week. The country’s own production equates about ...

Source: Ghanaweb