Brazil: Chicken Egg Market 2024

Chicken Egg Market Size in Brazil

The Brazilian chicken egg market totaled $X in 2022, almost unchanged from the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Chicken Egg Production in Brazil

In value terms, chicken egg production shrank slightly to $X in 2022 estimated in export price. In general, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Chicken egg production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Chicken Egg Exports

Exports from Brazil

In 2022, approx. X tons of chicken eggs were exported from Brazil; falling by X% on the year before. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, chicken egg exports skyrocketed to $X in 2022. Over the period under review, exports saw a slight slump. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X tons), the United Arab Emirates (X tons) and Senegal (X tons) were the main destinations of chicken egg exports from Brazil, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) emerged as the key foreign market for chicken eggs exports from Brazil, comprising X% of total exports. The second position in the ranking was taken by Senegal ($X), with a X% share of total exports. It was followed by Paraguay, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (X% per year) and Paraguay (X% per year).

Export Prices by Country

In 2022, the average chicken egg export price amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (X%), while the prices for the other major destinations experienced more modest paces of growth.

Chicken Egg Imports

Imports into Brazil

In 2022, approx. X tons of chicken eggs were imported into Brazil; picking up by X% against the previous year's figure. In general, imports showed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, chicken egg imports skyrocketed to $X in 2022. Overall, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of chicken egg to Brazil, accounting for a X% share of total imports. Moreover, chicken egg imports from the United States exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

In value terms, the United States ($X) constituted the largest supplier of chicken eggs to Brazil, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Canada (X% per year).

Import Prices by Country

The average chicken egg import price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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