Pexels, picture by Rodolfo Clix, basket full of eggs.
The US egg shortage, caused by bird flu outbreaks, could significantly raise egg prices in Mallorca if Spanish exports to the US increase.
Local prices have already surged by 30% to 50% this year. Authorities are closely monitoring the situation to prevent unjustified speculation.
Egg shortage in the US could cause egg price surge in Mallorca
The egg shortage in the United States, caused by bird flu outbreaks, has raised concerns in the Balearic Islands, particularly in Mallorca, due to the potential impact on local prices.
Bartolomé Servera, president of the Balearic Association of Food and Beverage Distributors, warned that if Spanish egg exports to the US go ahead, prices could rise significantly, reaching as much as one euro per egg. This concern stems from high US demand and its willingness to pay elevated prices to mitigate the shortage.
Moreover, since the beginning of the year, egg prices in Mallorca have already seen a significant increase of between 30% and 50% compared to the previous year. For example, a dozen medium-sized eggs have risen from between €2.07 and €2.10 to €2.60, while large eggs have reached €2.80.
The Balearic Association of Food and Beverage Retailers and the Organisation of Consumers and Users (OCU) have urged the authorities to monitor these increases to prevent unjustified speculation and ensure that products remain accessible at reasonable prices.
These statements reflect the growing concern in the Balearic Islands about the possible impact on the local egg market due to increasing international demand and current market dynamics.
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