The European egg market has weakened a lot

Published Dec 11, 2020

Tridge summary

Ukrainian egg and egg product exports have seen a decrease by 5 percent, while imports in the European Union (EU) have increased by 11 percent, primarily from Ukraine, despite a decrease in EU exports. The price of packaged eggs in the EU has also increased by 1.5 percent, and Hungary has seen a 10 percent increase in the packing price of table eggs.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ukrainian imports are falling, and exports of eggs and egg products fell by 5 percent. Meanwhile, prices are going up. The European Commission is talking about an 11% increase in imports, based on data from the 27 countries of the EU, after imports of eggs and egg products rose to 18,000 tonnes by September. More than half of this (52 percent) came from Ukraine, and 2 percent more than in the same period last year. Imports from the USA, the second largest importer, increased by 21%, from Argentina by almost 41% (!) And from Albania by 19%. At the same time, EU exports of eggs and egg products have not increased but are declining. With a decrease of 5 percent, the turnover of the first 9 months decreased to 171 thousand tons. The EU's largest destinations, Japan (29% of total exports) and Switzerland (19), together bought almost 72,000 tonnes of such goods from the EU. Exports to Switzerland and South Korea rose 4 percent, while exports to Japan fell 12 percent. Exports to Thailand ...
Source: Agraragazat

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