Turkish Authorities Implement Levy to Prevent Egg Price Hikes

Turkish authorities have implemented a $0.50 levy on egg exports to stabilize domestic prices amid rising international demand, particularly from the U.S. The move responds to a supply chain disruption caused by avian flu in the U.S., as Türkiye prepares to export 15,000 tons of eggs while ensuring domestic production remains strong.

In response to a surge in international demand for eggs, particularly from the United States, Turkish authorities have enacted measures to stabilize local prices. The U.S. is experiencing a supply chain disruption due to an avian flu outbreak, resulting in elevated domestic egg prices and increased reliance on imports.

To mitigate potential price increases in Türkiye, the government has introduced a $0.50 per kilogram levy on table egg exports, as stipulated by the Support and Price Stability Fund (DFIF). This action, announced in the Official Gazette, is part of a broader effort to address escalating demand.

Türkiye plans to export approximately 15,000 tons of eggs to the U.S. by June, reflecting a strategic response to the increasing market demand. Data from the Turkish Statistical Institute (TÜİK) shows that Türkiye’s egg production exceeded 100 billion eggs from 2020 to 2024, with annual output varying from year to year.

Ibrahim Afyon, President of the Egg Producers Central Union (YUM-BİR), stated that the export levy is aimed at preventing unnecessary price increases within the national market. He remarked, “With rising demand from the U.S. and Europe, we implemented this measure to stabilize local prices. There is no supply shortage — our production is increasing. Egg prices are often dictated by market perception rather than actual supply constraints.”

Moreover, addressing apprehensions about potential price hikes during Ramadan, Mr. Afyon reassured consumers of a robust domestic supply with a self-sufficiency rate approaching 120 percent, which can be further elevated to 135 percent if necessary. He emphasized that there is no justification for price inflation during this period.

In summary, Turkish authorities are taking proactive measures to prevent price increases in the domestic egg market amid rising international demand, particularly from the U.S. The introduction of an export levy aims to stabilize local prices while assuring consumers that supply remains strong and reliable.

Original Source: www.hurriyetdailynews.com

About Allegra Nguyen

Allegra Nguyen is an accomplished journalist with over a decade of experience reporting for leading news outlets. She began her career covering local politics and quickly expanded her expertise to international affairs. Allegra has a keen eye for investigative reporting and has received numerous accolades for her dedication to uncovering the truth. With a master's degree in Journalism from Columbia University, she blends rigorous research with compelling storytelling to engage her audience.

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