Eastern Asia: Market for Eggs, Excluding Hen Eggs 2024

Market Size for Eggs, Excluding Hen Eggs in Eastern Asia

The East Asian egg, excluding hen egg market totaled $X in 2022, approximately equating the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Eggs, Excluding Hen Eggs in Eastern Asia

In value terms, egg, excluding hen egg production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

China (X tons) constituted the country with the largest volume of egg, excluding hen egg production, accounting for X% of total volume.

From 2012 to 2022, the average annual growth rate of volume in China amounted to X%.

Exports of Eggs, Excluding Hen Eggs

Exports in Eastern Asia

In 2022, overseas shipments of eggs, excluding hen eggs decreased by X% to X tons, falling for the second year in a row after four years of growth. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, egg, excluding hen egg exports rose significantly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

China dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X tons), making up a X% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of eggs, excluding hen eggs. Taiwan (Chinese) (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest egg, excluding hen egg supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an X% share of total exports.

In China, egg, excluding hen egg exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%).

Imports of Eggs, Excluding Hen Eggs

Imports in Eastern Asia

In 2022, approx. X tons of eggs, excluding hen eggs were imported in Eastern Asia; with a decrease of X% compared with the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then declined dramatically in the following year.

In value terms, egg, excluding hen egg imports reduced dramatically to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

Hong Kong SAR prevails in imports structure, recording X tons, which was approx. X% of total imports in 2022. Macao SAR (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%) and South Korea (X%).

Hong Kong SAR experienced a relatively flat trend pattern with regard to volume of imports of eggs, excluding hen eggs. At the same time, South Korea (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Macao SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Macao SAR increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported eggs, excluding hen eggs in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Hong Kong SAR was relatively modest. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated a mild increase from 2012 to 2022: its price 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, egg, excluding hen egg import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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