The UAE government has announced a temporary increase in the prices of eggs in the country. The price hike, which went into effect on March 1, 2023, is expected to last for a period of one month.
According to the Ministry of Climate Change and Environment, the temporary price increase is necessary to help ensure the stability and sustainability of the local egg market. The Ministry has stated that the price hike will enable local egg producers to continue operating and to maintain their production levels, which have been impacted by rising production costs and other factors.
Under the temporary price increase, the retail price of a crate of eggs (30 eggs) will be raised by AED 3, from AED 15 to AED 18. The price increase applies to all grades of eggs, including white, brown, and organic eggs.
The Ministry has stated that it will be closely monitoring the egg market during the one-month period to ensure that prices remain stable and that consumers are not exploited. The Ministry has also advised consumers to compare prices across different retailers and to purchase eggs only from licensed and authorized sellers.
The temporary increase in egg prices has been met with mixed reactions from consumers in the UAE. Some have criticized the move as an unnecessary burden on consumers, particularly given the current economic challenges facing many households in the country. Others have acknowledged the importance of supporting local egg producers and have expressed willingness to pay the higher prices.
In conclusion, the UAE government has announced a temporary increase in egg prices for a period of one month to support local egg producers and ensure the stability of the local egg market. The Ministry of Climate Change and Environment has assured consumers that it will be monitoring prices to prevent any exploitation and has advised consumers to compare prices and purchase only from authorized sellers. The temporary price increase has received mixed reactions from consumers in the UAE.