Substantial price differences were cited recently in the Saudi chicken egg market, reported Al-Jazirah daily, following the supply of large quantities of inexpensive eggs by major producers, which forced many smaller farmers out of the market.
The wholesale price of a tray of 360 eggs dropped from 105 Saudi riyals to SR 40.
Consumption of eggs in Saudi Arabia is considered relatively high due to their low price and high nutritional value. Local egg production stood at 135,000 tons in the year 2000, according to statistics of the Saudi Agriculture and Water Ministry.
Recent development projects have helped the country achieve self-sufficiency in its egg market. Agriculture as a whole plays an important role in the country’s economy, and contributed an estimated six percent to Saudi Arabia’s GDP in 1999. ― (MENA Report)
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