Turkey - Birds Eggs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTurkey's Exports of Eggs Increase to $411M in 2023
Turkey Birds Egg Exports
In 2023, after two years of growth, there was decline in shipments abroad of birds eggs, when their volume decreased by -1.8% to 219K tons. Over the period under review, exports saw a perceptible downturn. The most prominent rate of growth was recorded in 2016 with an increase of 32% against the previous year. The exports peaked at 365K tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
In value terms, birds egg exports rose modestly to $411M (IndexBox estimates) in 2023. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 46% against the previous year. The exports peaked at $434M in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.
| COUNTRY | Export Value of Birds Egg in Turkey (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United Arab Emirates | 1.7 | 1.5 | 5.2 | 9.3 | 8.4 | 10.6 | 17.9 | 42.4 | 71.5 | 129 | 120 |
| Iraq | 360 | 325 | 194 | 233 | 315 | 310 | 132 | 37.0 | 46.0 | 58.7 | 72.3 |
| Qatar | 1.0 | 0.7 | 1.5 | 2.6 | 10.8 | 15.5 | 23.3 | 24.8 | 38.3 | 46.8 | 34.5 |
| Iran | N/A | N/A | 1.1 | 0.3 | 1.1 | 23.3 | 3.5 | 0.1 | 24.8 | 8.2 | 27.1 |
| Russia | N/A | 0.1 | 5.0 | N/A | N/A | N/A | 3.4 | 7.6 | 37.0 | 26.6 | 27.0 |
| Syrian Arab Republic | 11.9 | 43.7 | 29.5 | 19.7 | 8.3 | 4.1 | 45.0 | 46.2 | 44.8 | 14.7 | 24.5 |
| Bahrain | N/A | N/A | 0.2 | 2.2 | 4.5 | 5.9 | 4.3 | 6.9 | 10.0 | 11.1 | 11.3 |
| Kuwait | 0.2 | 0.2 | 0.4 | 0.3 | 0.3 | 1.2 | 32.2 | 29.8 | 36.6 | 8.5 | 2.2 |
| Saudi Arabia | 2.7 | 0.6 | 9.1 | 12.0 | 7.0 | 41.2 | 12.5 | 10.1 | N/A | N/A | 0.2 |
| Others | 28.6 | 40.7 | 28.0 | 10.9 | 22.6 | 22.4 | 22.6 | 51.5 | 66.0 | 91.2 | 92.6 |
| Total | 406 | 413 | 274 | 290 | 378 | 434 | 297 | 256 | 375 | 395 | 411 |
Exports by Country
the United Arab Emirates (85K tons) was the main destination for birds egg exports from Turkey, accounting for a 39% share of total exports. Moreover, birds egg exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (21K tons), fourfold. Iraq (19K tons) ranked third in terms of total exports with an 8.9% share.
From 2013 to 2023, the average annual growth rate of volume to the United Arab Emirates stood at +52.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+39.6% per year) and Iraq (-22.8% per year).
In value terms, the largest markets for birds egg exported from Turkey were the United Arab Emirates ($120M), Iraq ($72M) and Qatar ($34M), with a combined 55% share of total exports. Iran, Russia, Syrian Arab Republic, Bahrain, Kuwait and Saudi Arabia lagged somewhat behind, together accounting for a further 22%.
Iran, with a CAGR of +117.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Exports by Type
Chicken eggs (214K tons) was the largest type of birds eggs exported from Turkey, accounting for a 98% share of total exports. It was followed by eggs, excluding hen eggs (4.9K tons), with a 2.2% share of total exports.
From 2013 to 2023, the average annual growth rate of the volume of chicken eggs exports amounted to -2.7%.
In value terms, chicken eggs ($404M) remains the largest type of birds eggs exported from Turkey, comprising 98% of total exports. The second position in the ranking was held by eggs, excluding hen eggs ($7.8M), with a 1.9% share of total exports.
From 2013 to 2023, the average annual rate of growth in terms of the value of chicken eggs exports was relatively modest.
Export Prices by Country
In 2023, the birds egg price amounted to $1,879 per ton (FOB, Turkey), surging by 6.1% against the previous year. In general, export price indicated a tangible increase from 2013 to 2023: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, birds egg export price increased by +86.7% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 41% against the previous year. The export price peaked in 2023 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($4,083 per ton), while the average price for exports to the United Arab Emirates ($1,414 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the birds egg market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1062 - Hen eggs
- FCL 1091 - Eggs, excluding hen eggs
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
