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EGGS might be humble pantry staples, but their prices can reveal intriguing stories about global economies and market dynamics. Inspired by The Economist's famed Big Mac Index — which uses burger prices to gauge economic strength — we've crafted our own Global Egg Price Index. This straightforward snapshot compares egg prices globally, from Switzerland's pricey dozen to India's budget-friendly bargain, highlighting fascinating market trends and economic quirks.
Key Insights:
- US Egg Price Rollercoaster: In early March 2025, egg prices in the US experienced one of the sharpest drops in recent history, following an unprecedented spike caused by a severe avian flu outbreak. Wholesale prices plummeted, but retail prices have been slower to reflect these changes due to ongoing market uncertainty.
- Avian Flu Aftershocks: The US avian flu crisis significantly disrupted egg supplies, prompting the government to consider importing eggs from European countries like Denmark and Sweden. A US Department of Justice investigation is currently examining possible price manipulation during the peak crisis.
- Global Variations Explained: Egg prices vary significantly worldwide, driven by factors like production costs, regulatory standards, and economic conditions. Developed nations with stringent quality and safety standards typically see higher prices.
- Consumer Behaviour Shifts: High prices have altered US consumer habits, leading some to seek alternatives or reduce egg consumption. It's uncertain whether demand will fully rebound to previous levels.
- Cage-Free Farming Impact: The ongoing shift towards cage-free eggs in many countries also influences pricing dynamics, affecting both supply and consumer costs.
- International Cooperation: During the shortage, the US explored importing eggs from European countries, highlighting global interconnectedness during crises.
- Price Manipulation Investigation: US authorities have initiated investigations into potential price manipulation by major egg producers during the recent price surge.
This Global Egg Price Index may not be the last word à la The Economist’s Big Mac Index, but we hope it’s just as enlightening — and perhaps even more fun — to explore what eggs can tell us about the world.
Disclaimer: The data in this feature has been compiled from various previously published reports. While we've endeavoured to source information from reputable and authoritative outlets, we acknowledge that methodologies for data collection and reporting may vary across sources. Direct comparisons should therefore be treated cautiously. Every effort has been made to ensure that the data used is the most recent available, primarily covering the period from September 2024 to March 2025. Please note, this index is intended as an accessible guide and does not claim the methodological rigour of The Economist's Big Mac Index.
