SURPLUS EGG PRODUCTION IN ARMENIA NECESSITATES EXPORT

ArmInfo
2010-03-19 14:37:00

ArmInfo. Egg production exceeds consumption and makes local producers
search for export ways, Chairman of the Union of Poultry Breeders of
Armenia Sergey Stepanyan told media on Friday. He said that in 2009
nearly 630 million of eggs were produced in Armenia. " The domestic
market cannot consume such production scales, so we are studying
possibilities of establishing production of egg concentrate for
export," S. Stepanyan said. In 2009, he said, local producers exported
small quantity of products. Retail price of eggs is kept relatively
low. "In 2009 egg price fell to the same level as 10 years ago," he
said. Banks are passive since they consider poultry breeding risky
sector, which creates obstacles to purchase of new equipment.

The Customs Service of the Armenian State Revenue Committee reports
that in 2009 a little more than 4 million of eggs for 261,000 dollars
were exported from Armenia. In 2008 export totaled 2.6 million eggs
in the amount of 561,000 dollars. Disproportion is the reason of
sharp devaluation of the Armenian dram in March 2009.

From: Emil Lazarian | Ararat NewsPress