Analysis Eggs
Egg price slowly creeping back up
The price of eggs is slowly but surely creeping back up after lower prices this summer. Now that the holidays are over, the demand is slowly increasing, although the warm weather still slightly hampers consumption. The demand in Germany is also on the lean side. For now, the supply of OKT eggs (ohne Kükentöten) is still sufficient, but analysts suggest this could change.
The price of eggs is gradually on the rise again. In week 35, €11.45 per kilo was paid for 100 size M eggs. The price has since increased in two steps of 5 cents to €11.55.
Now that the school holidays are over, the demand for eggs is increasing again. During the holiday period, the demand is always lower as a significant number of consumers are on vacation. Although there is a slight brake on demand due to the ongoing warm weather. While an extra egg occasionally finds its way into a meal salad in warm weather, heat generally leads to lower egg consumption. Sales of products containing eggs generally decline during this period.
German demand slowly rising
In Germany, too, the price of eggs is rising. In week 34, €10.95 was paid for 100 brown size M eggs. By week 36, the price had risen to €11.20. Although the market is clearly strengthening, prices are still significantly lower than in the Netherlands. This is a fairly common situation, but before the summer holidays, the situation was reversed this year. Analysts note that demand in our neighboring country is still somewhat inconsistent.
In Germany, too, the holidays are over, leading to an increase in consumption. However, most types of eggs are currently readily available. There is even no shortage of OKT eggs (ohne Kükentöten). Earlier this year, shortages in capacity of machines that check the sex of chicks in eggs caused egg prices to soar. Although such shortages are not currently an issue, analysts suggest they could arise again in the relatively near future. We are entering the winter period in the coming months, historically the season with the highest demand. Analysts expect that demand for OKT eggs will increase during this period, likely causing German prices to surpass those in the Netherlands.
