EU broiler prices increased a little in the last month up 1.3% to average 281.74 eurocents a kg for the week ending 13 November.
However, prices were still 7.2% higher than the same month last year.
Broiler prices in the US have been on the rise and have started to close the gap that had emerged during the summer months.
The US broiler price was the equivalent to 265.27 eurocents a kg in mid-November, an16 eurocents a kg difference to the EU price.
EU broiler production has remained above last year’s levels so far during 2024, with production increasing further during September and October.
Poland accounted for the largest share of total EU poultry meat production in 2023 at 21%, followed by Spain (13%), Germany (12%), France (11%), and Italy (10%).
EU egg production
EU egg prices have been strong in recent months and are now well above the 200 eurocents a kg mark.
The EU weekly average lifted to 232.42 eurocents a kg at the end of October, up 8.1% on last month, although still well below the highs of over 260 eurocents in April 2023.
The main EU egg producers in 2023 were France, Germany, and Spain with each accounting for roughly 14% of the total market share, followed by Italy at 12%, Poland at 8% and the Netherlands at 5%. Total EU egg production was 6.78 million tonnes in 2023, which was 0.7% higher than in 2022.
Total EU egg exports reached 212, 905 tonnes in the year to date in 2024, up 18.5% on the previous year.
The UK was the EU’s largest export destination during the first seven months of 2024, with 87,800 tonnes of eggs being imported into the UK from the EU.
This accounted for more than 40% of total EU egg exports and was an increase of 8.3% compared to the same period last year.
Ukraine remained the largest exporter of eggs to the EU with volumes up by 36% for the year to date.
More than 41,000 tonnes of eggs were imported by the EU from Ukraine, which accounted for about two thirds of total imports.