The Dutch egg price is still falling, but less than you would expect based on the five-year average. In Germany, the price is falling much more sharply. Read more about developments on the egg market.
The decline in egg prices continues. In week 13, eggs were traded for €19,62 per 100. In week 17, the price had fallen by 4,3% to €18,79 per 100 eggs. This means the decline in the first four weeks following the market peak is clearly less sharp than the five-year average of 5,7%.
The relatively small decline is related to the persistent tightness in the egg market. Demand for eggs always drops sharply after Easter, but it generally takes some time before egg prices take clear steps downwards. This is the result of developments in industrial demand. At times when demand for table eggs peaks, the industry generally chooses to draw on its reserves. The industry buys after the peak, causing prices to rise less sharply temporarily.
This year, that effect is stronger than in other years. The reason for this is that industrial reserves were already smaller than usual. As a result, there is less room to wait until prices have fallen sharply. Add to that the fact that egg availability is still limited, and the result is a relatively weak decline despite very high prices.
German price drops more sharply
Meanwhile, the German egg price is falling much more sharply, by 6,7% from €20,68 per 100 eggs to €19,30. This is the result of a greater shortage, combined with stronger demand for table eggs around Easter. Consequently, peak demand around Easter was stronger. Demand from the industry now dominates, causing prices in Germany and the Netherlands to converge again.