Soaring egg prices force French food industry to change recipes
A more than doubling in egg prices in France due to soaring feed and energy costs and a lack of supplies after the worst ever bird flu crisis has prompted some food companies to lower output or change recipes, egg producers said on Wednesday.
Both the European Union and the United States have experienced one of their worst bird flu crises ever this year with tens of millions of poultry culled in each region.
In turn world egg production, which hit 1,500 billion in 2021, was expected to fall for the first time in history this year, following a 4.6% drop in the United States, a 3% decline in the EU and an 8% slump in France, the bloc’s largest egg producer, French industry group CNPO said.
“We are in a situation that has never been seen before. In previous crises we used to turn to imports, notably from the United States, but this year the situation is bad everywhere,” CNPO deputy chairman Loic Coulombel said.
The drop comes at a time of strong consumer demand for eggs, seen as a cheap protein source at a time of soaring inflation.
“Unable to pass the price rise some companies have already started changing recipes or have halted production lines,” Coulombel said. “You need a lot of eggs to make cakes or egg pasta.”
A change in recipe could be switching types of eggs, reducing the volume used or, more rarely, exchanging them for alternatives such as pea or milk proteins.
Prices of eggs in French supermarkets have risen about 15%-20% since the start of the year, following a law that indexes food prices in supermarkets to producers’ animal feed costs.
But industry egg prices on the French spot market, which are also linked to supply and demand, were trading at 2.2 euros ($2.2) a kilogramme on Wednesday, more than double their price at the start of the year and about 65% above their average price at this time of the year, Coulombel said.
They were likely to surpass a record 2.3 euros/kg before the end of 2022 due to growing demand at year-end but would still remain well below U.S. spot prices for standard eggs, now at 4.24 euros/kg, he said.
Related news
More than a million people have signed a petition against a law reintroducing a pesticide
A petition calling for the repeal of a law that…
Read more >Auchan Plans To Sell 19 French Stores To Lidl
Auchan is considering the sale of 19 stores in France…
Read more >The food industry can continue to develop with almost 100 billion forints
The first support decisions have been made regarding complex food…
Read more >Related news
EU Sees 2% Growth In Ice Cream Production In 2024: Eurostat
Ice cream production in the EU increased by 2% year-on-year…
Read more >Oatly Is Launching A Ready-To-Drink Matcha Latte Oat Milk This Summer
Oatly is the latest plant-based milk brand to launch a…
Read more >The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data
In Q2 2025, Hungary’s GDP figures published by the HCSO…
Read more >