Ekonomia

What caused the increase in the price of eggs last year?

What caused the increase in the price of eggs last year?

Egg prices rose to historically high levels in 2022 in the US but also in many other countries, including Albania.

Across all types of eggs, consumers faced price increases of up to 60% last year, among the largest increases of any good or service, according to the consumer price index.

The US industry narrative has largely focused on an outbreak of bird flu, which has killed tens of millions of chickens, as the main driver of high prices.

But Farm Action, a farmer-led advocacy group, claims the real cause is a secret scheme between big egg producers. An investigation by the American authorities has also been requested for this.

The US experienced its deadliest bird flu outbreak on record in 2022.

According to the US Department of Agriculture, highly pathogenic avian influenza killed an estimated 58 million birds in 47 states. The previous record was that of 2015, when 50.5 million birds died.