The government decided to reset egg import duties. He told this to the newspaper “News” A source who attended the meetings of the Ministry of Industry and Trade and the Ministry of Agriculture to stabilize prices on these products.
It is reported that the authorities’ goal is to ensure sufficient egg supply in the domestic market, which will reduce costs. According to the Prosecutor General’s Office, egg prices have increased by more than 40% during the year, so inspections of producers and sellers will be carried out by prosecutors in the constituent entities of the Russian Federation together with the FAS.
Information about the decision was confirmed by the office of First Deputy Prime Minister Andrei Belousov. The Cabinet Tariff and Customs Regulation Committee also supported this proposal.
Currently, the import duty on edible eggs is 15% of the cost of the product, but from January 1 to June 30, 2024, this benefit will apply. Suppliers will be able to import 1.2 billion eggs.
Resetting egg import duties is a short-term measure to balance the domestic market and increase supply. Negotiations are already underway with friendly countries on the possibility of increasing egg supplies. This is expected to help stabilize prices next month.
The Association of Retail Companies expects a significant positive impact from opening egg imports, as it will reduce prices and make products accessible to the public.
According to Andrei Karpov, president of the Association of Retail Market Experts, the reason for the increase in retail egg prices is a lack of supply. He noted that it was not yet clear how quickly and at what cost the first batches of eggs would begin to be imported, given the expensive logistics. There are already enough eggs in the upper price segments, the cost of which varies from 90 to 110 rubles, but there are not enough products in retailers whose price does not exceed 60-70 rubles.
President of the Russian Poultry Association Galina Bobyleva confirmed that Turkish eggs are more expensive than domestic eggs. She believes that this measure will be functional but not very effective. According to him, domestic manufacturers offer the same amount of products to the market as last year. The reason for the increase in prices is mostly artificially created, but still increasing demand. The weighted average price of eggs in 2023 is 11-12% higher than last year, averaging 65 rubles per 10 eggs.
According to the report of the Ministry of Agriculture, egg production in Russia increased by 2.3% to 31.74 billion units in the ten months of 2023. It is stated that chicken egg prices continue to rise under increasing production costs and increasing demand conditions.
In the State Duma named It is dangerous to allow foreign eggs to enter the Russian market.
It was previously reported that stores may be allowed. distribute food.