By John Lee.
Avangardco, the largest producer of shell eggs and dry egg products in Ukraine and number one producer in Europe, has blamed a sharp decrease in exports on the “unstable situation in Iraq“.
In its results statement for the first quarter of 2016, the company said:
“… exports of shell eggs decreased by 31% year-on-year to 75 million units (Q1 2015: 108 million units), largely due to the unstable situation in Iraq, one of the Company’s key export markets for shell eggs.
The share of export sales reached 16% (Q1 2015: 10%), split between three export markets: Iraq, UAE and Moldova.“
(Source: Avangardo)
(Eggs image via Shutterstock)
Egg Imports Down on “Unstable Situation” https://t.co/nTdzpQOLX7 #iraq #iraqi
Egg Imports Down on “Unstable Situation”: By John Lee. Avangardco, the largest producer of shell eggs and dry… https://t.co/Swq4cKccGZ
DTN Iraq: Egg Imports Down on “Unstable Situation”: By John Lee. Avangardco, the largest producer of shell eg… https://t.co/fQf6LX2BY7
Egg Imports Down on “Unstable Situation”: By John Lee. Avangardco, the largest producer of shell eggs a… https://t.co/5W0f9eomwe #Iraq