Poultry International - March 2018 - 10
SPAIN ● SWEDEN ● CROATIA FRANCE ● ● UNITED KINGDOM ● CYPRUS ● GERMANY CZECH REPUBLIC GREECE ● ● LITHUANIA ● LUXEMBOURG ● PORTUGAL ● ROMANIA UNITED KINGDOM ● CZECH REPUBLIC GREECE MALTA ● BULGARIA ● ● ● ● BELGIUM ESTONIA ● ITALY BELGIUM ● DENMARK ● MALTA IRELAND ● ● ESTONIA ● IRELAND ● ● BULGARIA ● FINLAND ● LATVIA ● ● CROATIA ● LITHUANIA ● POLAND SWEDEN ● FRANCE LATVIA ● ● SPAIN ● FINLAND ● ITALY NETHERLANDS SLOVENIA BULGARIA ● ● ● ● CROATIA ● ● GERMANY ● LUXEM ● ● ● CYPRUS ● ● CZECH REPUBLIC ● ● DENMARK ● ESTONIA Favorable economic conditions will be tempered by avian influenza ● GERMANY ● ● HUNGARY FRANCE concerns, trade changes and GREECE demand shifts. ● ● CYPRUS Why European egg production POLAND PORTUGAL ROMANIA SLOVAKIA SPAIN KINGDOM AUSTRIA BELGIUM may SWEDEN be flatUNITED in 2018 NETHERLANDS SLOVENIA FINLAND ● ● AUSTRIA HUNGARY SLOVAKIA DENMARK HUNGARY ● ● ● ● ● ● AUSTRIA ● ● IRELAND MARK CLEMENTS The outlook for the European egg industry is broadly flat this year, with production forecast to increase by a mere 0.2 percent to 7.3 million tons, according to the European Commission. European egg producers entered 2018 buoyed by a favorable macro-economic outlook and high prices. Although off their 2017 high, egg prices at the end of the year were 47 percent higher than 12 months previously. But high prices are unlikely to be sustained throughout the remainder of the year. Price increases during the second half of 2017 were driven by difficulties in the supply chain at the very time that European Union's five largest egg-producing European demand for eggs was member states 2016-17 increasing and, by the end of the Member % change state 2016 2017* 2018** '17 vs. '18 year, pricing had started to decline toward more normal levels. France 956,000 995,000 1,005,000 1.0 Upward price pressure started Germany 880,000 897,000 910,000 1.5 in late July, when news of eggs Italy 840,000 832,000 852,000 2.4 contaminated with fipronil resulted Spain 814,000 779,000 842,000 in significant production decreases 8.1 in Belgium and, more significantly, UK 780,000 800,200 816,200 2.0 in the Netherlands, by far and away * estimate ** forecast Source: European Commission the largest supplier of eggs to other European Union Member States. Across four of the EU's five largest egg-producing member states, growth is Concerns over fipronil may have forecast to be above the bloc's average, particularly welcome for Italy and dented consumer confidence in the Spain, where output in 2017 is thought to have contracted. WATT Global Media www.WATTAgNet.com ❙ March 2018 ● ● ● ● ● ITALY