Iran War Hits India's Poultry: Egg Prices Plummet as Exports Halt

• Indian egg prices have sharply declined, with wholesale dropping from ₹7 to ₹5 and retail from ₹8-9 to ₹5.50-6.
• The primary cause is the disruption of egg exports to Gulf countries like UAE, Oman, Qatar, and Bahrain due to West Asia tensions.
• Previously, India exported about 1 crore eggs daily to Gulf nations, but trade has now almost ceased, flooding the domestic market.
• While consumers benefit from cheaper eggs, poultry farmers face significant losses as earnings don't cover costs.
• Market experts predict continued price pressure until trade with Gulf countries normalizes and exports resume.