Blog Business Entertainment Environment Health Latest News News Analysis Opinion Science Sports Technology Videos World
American Egg Prices More than Doubled in 2022

The price of a staple grocery item has soared in the last twelve months: eggs.


Americans eat between 250-280 eggs a year on average.


In December 2022, the national average price of a dozen Grade A eggs increased to $4.25, up from $1.93 in January 2022. The egg prices doubled in 2022. 


2022 was a notably severe year for inflation. The Economist reported in December 2022 that the global inflation rate finished at 9%. In the United States, consumer prices rose by about 7% in 2022. 


COVID-19 had lingering impacts on supply chains, worsened by Russia’s invasion of Ukraine. Russia’s blockades of wheat exports from Ukraine restricted the global supply of grains used for feed. 


The export blockade drove up prices for farmers to feed their chickens and soaring energy prices added a financial burden for farmers operating their farms. 


Another major factor in the increase in egg prices is the Avian flu. There were two waves of infection, February to June and September to December 2022. Approximately 44 million hens or about 1 in 10 hens from the pre-outbreak population, died. 


According to the New York Times, farmers had to clear infected flocks, clean their facilities, purchase new hens, and wait for them to lay eggs. As a result, American egg inventories were 29% lower in December 2022 than at the beginning of the year. 


Even as the American egg supply has dwindled and prices have risen, demand has persisted.


“Higher demand leading up to the holidays and the impact of avian flu caused tighter supply,” said a Walmart spokesperson. 


Some Americans have come up with alternatives to buying eggs at the grocery store. Some are attempting to purchase hens that are “heavy layers” to have their in-home egg supply. Others have even tried to buy eggs in Mexico, which is significantly cheaper, and smuggle eggs at the border. 


Egg prices are likely to remain high in the first half of 2023. While containing avian flu will be an ongoing challenge, suppliers will increase production and prices may cool off. 

Share This Post On

Tags: #inflation #eggs


Leave a comment

You need to login to leave a comment. Log-in is a Global Media House Initiative by Socialnetic Infotainment Private Limited.

TheSocialTalks was founded in 2020 as an alternative to mainstream media which is fraught with misinformation, disinformation and propaganda. We have a strong dedication to publishing authentic news that abides by the principles and ethics of journalism. We are an organisation driven by a passion for truth and justice in society.

Our team of journalists and editors from all over the world work relentlessly to deliver real stories affecting our society. To keep our operations running, We need sponsors and subscribers to our news portal. Kindly sponsor or subscribe to make it possible for us to give free access to our portal and it will help writers and our cause. It will go a long way in running our operations and publishing real news and stories about issues affecting us.

Your contributions help us to expand our organisation, making our news accessible to more everyone and deepening our impact on the media.

Support fearless and fair journalism today.