Kuwait Faces A Critical Egg Shortage

There has been a significant shortage in eggs in recent days, leading to visibly empty shelves in various cooperative societies. As one of the most consumed commodities, eggs have become a source of concern due to a supply deficit of over 50 percent in certain cooperatives.

According to reports, the Ministry of Commerce has received complaints from association officials regarding the escalating egg shortage. These sources attribute the surge in foreign exports to price differentials as the main culprit. A widening gap between local supply and demand has resulted in a scarcity of eggs in cooperative societies.

According to sources, cooperative societies charge 1.2 dinars for a plate of eggs. However, in parallel markets unaffected by similar supply deficits, prices exceed this benchmark. This disparity has further fueled concerns about the sustainability of the fixed pricing model.

Companies providing insights into the situation noted that price fixes imposed by the Ministry of Commerce are financially burdensome. Rising production costs, coupled with delays in cooperative payments extending up to several months, have compelled some companies to increase their export percentages. The purpose of this strategic move is to mitigate financial losses and capitalize on foreign markets where prices are not regulated.

Observers await further developments from the Ministry of Commerce and potential measures to address both cooperative societies' and production companies' challenges as the egg shortage crisis intensifies.

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