Azerbaijan, Baku, May 12/Trend M. Moezzi
Everyday, Iran's poultry industry loses $1.2 billion because of high production costs and low sale prices.
Last year in Iran (Iran's solar year ended on March 19), the price of a live chicken was 11 percent less than the previous year, Fars news agency reports.
The price on corn increased by 53 percent last year and price on soy doubled in Iran.
World prices were 35 percent higher for corn and 4 percent more for soy, Hassan Mehrabani-Yeganeh, the general secretary for Iran's Syndicate of Day Old Chick Producers, said.
Egg producers face similar losses as the price on a kilo of eggs is 57 to 65 cents (USD) less than the production costs.
Egg production is 20 percent more than demand in Iran with 70 percent export taxes lifted just last week. Exporting eggs will require marketing, Mehrabani-Yeganeh said.
Saudi Arabia's egg imports are estimated at 832,000 tons annually, the United Arab Emirates' 324,000 tons, and Iraq's 440,000 tons.
Iran's share on this market is zero and the reason is higher prices and low quality, Mehrabani-Yeganeh said.