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Egg Prices Expected To Decrease Around 2.8% This Year

A hen stands next to an egg, Jan. 10, 2023, at a farm in Glenview, Ill. Egg prices are at near-historic highs in many parts of the world as the spring holidays approach, reflecting a market scr

Egg prices are soaring globally as the spring holidays draw near, driven by a combination of factors including disease outbreaks, high demand, and increased costs for farmers. This marks the second consecutive year that consumers are facing elevated prices ahead of Easter and Passover, both of which traditionally involve significant egg consumption.

While current global egg prices are lower than last year, they are still notably high and are not expected to return to 2021 levels anytime soon. In the United States, the average price for a dozen eggs in February was $2.99, down from $4.21 in 2021 but significantly higher than the $1.59 consumers paid in February 2021. Similarly, in Europe, egg prices are about double what they were in 2021, despite being 10% to 15% lower than last year.

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