Egg Prices Plummet in Nepal Amidst Increased Domestic Production and Indian Imports

Chitwan. The price of eggs has seen a sharp decline. The Nepal Layers Farmers' Association announced on Monday that new reduced prices would be implemented starting the same day. Binod Pokharel, the association's chairman, stated that the price drop is due to increased domestic production coinciding with the influx of eggs from India.

The new support price has been set at NPR 375 per crate (30 eggs) for large eggs and NPR 335 for medium eggs. Previously, on Magh 22, the price for large eggs was NPR 435 per crate and NPR 405 for medium eggs. On Magh 11, the price had reached NPR 495 for large eggs and NPR 475 for medium eggs.

Egg prices reached an all-time high last Mangsir. At that time, large eggs were sold at the farm gate for NPR 565 per crate, and medium eggs for NPR 550. According to Chairman Pokharel, the local eggs are failing to find market and price due to the large volume of Indian white eggs entering the market and increased domestic production. He informed that the association is continuously demanding that government bodies stop the import of Indian eggs.

The production cost price per egg is NPR 19.12. Based on this, the cost price per crate is NPR 574.06. Farmers are disheartened as the egg prices have fallen again, nearing the cost price level.

The association issues the support price for eggs, taking Chitwan as the base, after collecting prices from farms across the country.