Import duties protect EU egg producers

Published Jan 26, 2023

Tridge summary

A study by Wageningen University reveals that in the event of reduced import duties, the US and Ukraine could provide egg powder at a lower price than the EU. This is due to lower production costs in these countries, with Ukraine, USA, Argentina, and India having costs that are 21% lower in the US, 19% in Ukraine, 15% in Argentina, and 14% in India compared to the EU average. The higher costs in the EU are attributed to EU animal welfare, environmental, and food safety legislation, which account for 14% of the total production cost. This means that without tariffs, EU producers would be unable to compete, leading to increased competition in the EU egg powder market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the calculations of scientists, in a scenario with 50 percent. with lower import duties, the US and Ukraine could supply all egg powder cheaper than the EU egg sector. This is the result of a recent study by scientists at Wageningen University on behalf of the European Egg Producers and Sellers Association (EEPTA) and the European Egg Processors Association (EEPA). Therefore, removing or lowering tariffs, e.g. in free trade negotiations with third countries such as the US, Argentina, India or Ukraine, would significantly increase competition in the EU, especially in the case of egg powder. Without tariffs, EU producers have no chance According to the calculations of scientists, in a scenario with 50 percent. with lower import duties, the US and Ukraine could supply all egg powder cheaper than the EU egg sector. In a scenario with 50% lower import duties and 10% exchange rate of the euro against the currencies of third countries, suppliers of egg powder from Ukraine, ...
Source: Farmer.pl

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.