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Turkish Authorities Implement Measures to Stabilize Egg Prices Amid Rising Demand

Turkish authorities have instituted a $0.50 per kilogram levy on table egg exports to stabilize domestic prices amid increased demand from the U.S. caused by a recent avian flu outbreak. Turkey intends to export 15,000 tons of eggs to the U.S. by June, with strong domestic production ensuring supply stability for consumers.

In response to the growing demand for eggs from international markets, particularly from the United States, Turkish authorities have implemented regulatory measures to stabilize domestic egg prices. A recent avian flu outbreak in the U.S. has disrupted supply chains, leading to increased egg prices and a heightened reliance on imports.

To avoid significant price increases in Turkey, the government has introduced a levy of $0.50 per kilogram on table egg exports as part of the Support and Price Stability Fund (DFIF), as announced in the Official Gazette. Turkey plans to export 15,000 tons of eggs to the U.S. by June 2024 to meet rising demand.

Data from the Turkish Statistical Institute (TÜİK) reported that Turkey produced over 100 billion eggs between 2020 and 2024, with production figures exhibiting fluctuations. The annual production figures indicated 19.8 billion eggs in 2020 and 2022, 19.3 billion in 2021, 20.6 billion in 2023, and a record 21.2 billion in 2024.

The export markets for non-incubation chicken eggs have shown inconsistent patterns, with total exports exceeding $1 billion over the last five years, primarily led by demand from the United Arab Emirates, the largest importer of Turkish eggs.

Ibrahim Afyon, the head of the Egg Producers Central Union (YUM-BİR), stated that the recent export levy is intended to prevent unnecessary price hikes in the domestic market. “With rising demand from the U.S. and Europe, we implemented this measure to stabilize local prices. There is no supply shortage—our production is increasing. Egg prices are often dictated by market perception rather than actual supply constraints,” he remarked.

Afyon addressed potential concerns regarding prices during Ramadan, assuring consumers that there is no reason for inflation. “Our domestic supply remains strong, with a self-sufficiency rate of nearly 120 percent, which can be increased to 135 percent if needed,” he concluded.

In summary, Turkish authorities have enacted measures to stabilize domestic egg prices amidst increased international demand, particularly from the U.S. The introduction of an export levy aims to curb potential price hikes in Turkey’s market. Despite fluctuations in production, there are assurances from industry leaders about the country’s strong supply capabilities, especially in light of the upcoming Ramadan period.

Original Source: www.hurriyetdailynews.com

Lila Chaudhury

Lila Chaudhury is a seasoned journalist with over a decade of experience in international reporting. Born and raised in Mumbai, she obtained her degree in Journalism from the University of Delhi. Her career began at a local newspaper where she quickly developed a reputation for her incisive analysis and compelling storytelling. Lila has worked with various global news organizations and has reported from conflict zones and emerging democracies, earning accolades for her brave coverage and dedication to truth.

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