Missiles fired in Middle East and eggs become cheaper in India! It may seem strange, but it is true; know how

Egg Price Drop In India: There has been a huge fall in the prices of eggs in India due to the interruption in exports to the big Gulf market due to the ongoing tension in the Middle East. The prices of wholesale eggs in Bengaluru have come down from around Rs 7 per egg to Rs 5. Bulk buyers can now buy 100 eggs for around Rs 500. According to a Business Today report, retail prices have also fallen, with eggs now being sold at Rs 5.50 to Rs 6 per piece, whereas earlier their price was Rs 8 to Rs 9.

Trade with countries like UAE, Oman, Qatar and Bahrain has come to a halt due to security concerns and blockage of transport routes. This surplus has led to a sudden fall in domestic egg prices, which has brought relief to consumers, but has created problems for poultry farmers, who are heavily dependent on these exports.

Export of eggs made in India

According to industry estimates, before the crisis escalated, about one crore eggs were exported daily from India to the Gulf. As the situation worsened, eggs meant for export were sent to the domestic market, leading to oversupply. Industry sources say that about 80% of the eggs produced in India are generally exported to Gulf countries.

Changes in food consumption during Ramadan have further disrupted transportation and export logistics, further reducing demand from Gulf countries. With exports halted, the Indian market is now absorbing this excess stock, driving down prices in both the wholesale and retail segments.

Domestic demand increased due to cheaper prices

The decline has led to increased demand from consumers, many of whom had reduced egg consumption due to higher prices. The cheaper rates mean that eggs are becoming a favorite and easily available source of protein for families across the country. Eggs are known for their nutritional content, providing vitamins A, D, E, B12, as well as iron and selenium. According to health experts, a 100 gram serving contains approximately 155 calories and 12.6 grams of protein, making eggs an essential part of a balanced diet.

Impact on the income of poultry farmers

However, the situation is still uncertain for poultry farmers. The sudden loss of export markets has raised concerns about profits, as domestic prices may not be able to compensate for lost revenues overseas. Market experts say that until export demand from Gulf countries resumes and the transportation system becomes normal, prices may remain low.

Also read: Amidst the chaos in the market, Warren Buffet’s advice, ‘When everyone is afraid, then…’, know the secret strategy of investment.

Until export routes are restored and normal trading resumes. domestic market It is expected to absorb the surplus, which will keep prices low and put further pressure on farmers.

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