Vietnam chicken egg prices cool, market stabilizes

What drove the sudden price spike?

Vu Manh Hung, Chairman of Hung Nhon Group, attributed the surge to basic supply and demand dynamics.

Years of low prices led many farmers to reduce flock sizes or switch occupations, shrinking supply.

Meanwhile, the military conflict between Thailand and Cambodia disrupted Thai egg exports, prompting Cambodia to import more from Vietnam.

Domestic demand also rose after false rumors about ‘fake eggs’ were debunked, restoring consumer confidence.

Moreover, African swine fever shifted consumer preferences toward poultry meat and eggs, further driving prices upward.

Restocking risks loom

Although egg prices are currently favorable, experts warn against  restocking too quickly. Oversupply could push prices below USD 0.08/egg within a few months, causing new losses.

Nguyen Thanh Son advised farmers to avoid chasing short-term market gains and instead plan carefully. Large farms and enterprises are already implementing long-term strategies to stabilize flock sizes, reduce risk, and ensure capital recovery.

Industry shifts and structural challenges

Vietnam’s poultry industry is undergoing a structural shift. Small-scale farmers are struggling to compete, while large enterprises, including foreign investors, are gaining ground.

Industrialization is also reducing available agricultural land, further impacting the number of poultry farms.