Egg prices increase to historic highs globally

Egg prices in the US soared to historic highs in 2023, due to a combination of factors including avian influenza, supply chain disruptions, and rising costs of production. This trend is not unique to the US, as egg prices have also increased significantly in many other countries around the world.

The price of eggs is a reflection of a country’s economic, social, and cultural fabric. In countries with high living standards and wages, such as Switzerland, eggs are typically more expensive. This is due to a number of factors, including stringent animal welfare regulations, higher labor costs, and a greater demand for organic and free-range eggs.

Regular egg price (12):

According to NUMBEO data on egg prices globally,

Switzerland 🇨🇭: $6.77
New Zealand 🇳🇿: $5.41
Denmark 🇩🇰: $4.32
USA 🇺🇸: $4.30
Austria 🇦🇹: $4.07
Uruguay 🇺🇾: $3.92
Greece 🇬🇷: $3.91
Australia 🇦🇺: $3.65
Norway 🇳🇴: $3.59
Ireland 🇮🇪: $3.55
France 🇫🇷: $3.51
Israel 🇮🇱: $3.41
South Korea 🇰🇷: $3.37
Sweden 🇸🇪: $3.31
Italy 🇮🇹: $3.28
Germany 🇩🇪: $3.22
Canada 🇨🇦: $3.17
UAE 🇦🇪: $3.03
UK 🇬🇧: $2.87
Poland 🇵🇱: $2.79
Saudi Arabia 🇸🇦: $2.53
Spain 🇪🇸: $2.49
Mexico 🇲🇽: $2.11
Brazil 🇧🇷: $2.03
China 🇨🇳: $1.78
Japan 🇯🇵: $1.81
Philippines 🇵🇭: $1.79
South Africa 🇿🇦: $1.71
Kazakhstan 🇰🇿: $1.56
Turkey 🇹🇷: $1.55
Indonesia 🇮🇩: $1.54
Egypt 🇪🇬: $1.50
Argentina 🇦🇷: $1.48
Bangladesh 🇧🇩: $1.22
Iran 🇮🇷: $1.14
Pakistan 🇵🇰: $1.11
Russia 🇷🇺: $1.09
India 🇮🇳: $0.94

In countries with lower living standards, such as India and Pakistan, eggs are typically less expensive. This is due to a number of factors, including an abundance of local poultry farms, lower regulatory costs, and a lower purchasing power.

However, it’s important to note that price is not always an indicator of quality. Eggs from local markets in developing countries can be just as fresh and nutritious as eggs from grocery stores in developed countries.

In addition to economic factors, local customs, dietary habits, and cultural significance also play a role in egg prices. In some countries, eggs are a daily staple, while in others, they are consumed less frequently. This variation in demand can also affect prices.

While the price of eggs can be a useful economic indicator, it’s important to consider the broader context. Egg farmers around the world face a number of challenges, including fluctuating feed prices, diseases such as avian flu, and increasing competition from large-scale producers.

The next time you crack open an egg, take a moment to appreciate the journey it has taken to get to your table. Eggs are a truly global food, and their price is a reflection of the complex economic, social, and cultural forces that shape our world.