Latin America and the Caribbean: Birds Egg Market 2024

Birds Egg Market Size in Latin America and the Caribbean

In 2022, the Latin American birds egg market decreased by X% to $X, falling for the second consecutive year after three years of growth. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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.

Birds Egg Production in Latin America and the Caribbean

In value terms, birds egg production totaled $X in 2022 estimated in export price. Over the period under review, production enjoyed a tangible increase. The growth pace was the most rapid in 2016 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Birds Egg Exports

Exports in Latin America and the Caribbean

In 2022, approx. X tons of birds eggs were exported in Latin America and the Caribbean; waning by X% on 2021 figures. Overall, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, birds egg exports soared to $X in 2022. In general, exports saw a slight reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil prevails in exports structure, recording X tons, which was approx. X% of total exports in 2022. Panama (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Argentina (X%) and Honduras (X%). Costa Rica (X tons) and Guatemala (X tons) followed a long way behind the leaders.

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Guatemala (X%), Argentina (X%), Panama (X%) and Honduras (X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Costa Rica (X%) illustrated a downward trend over the same period. While the share of Argentina (X p.p.), Panama (X p.p.), Honduras (X p.p.) and Guatemala (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest birds egg supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Panama ($X), with a X% share of total exports. It was followed by Costa Rica, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Panama (X% per year) and Costa Rica (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2022, increasing 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.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Panama ($X per ton), while Argentina ($X per ton) was amongst the lowest.

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

Birds Egg Imports

Imports in Latin America and the Caribbean

In 2022, overseas purchases of birds eggs decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, birds egg imports rose modestly to $X in 2022. Over the period under review, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Mexico was the largest importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Bahamas (X tons), Jamaica (X tons), Aruba (X tons) and Trinidad and Tobago (X tons), together committing a X% share of total imports. Paraguay (X tons), Costa Rica (X tons), Chile (X tons), Peru (X tons), Nicaragua (X tons), Guyana (X tons), Haiti (X tons) and Honduras (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to birds egg imports into Mexico stood at X%. At the same time, Chile (X%), Bahamas (X%), Costa Rica (X%), Aruba (X%), Peru (X%), Paraguay (X%), Jamaica (X%), Honduras (X%) and Trinidad and Tobago (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Guyana (X%), Nicaragua (X%) and Haiti (X%) illustrated a downward trend over the same period. Bahamas (X p.p.), Aruba (X p.p.), Jamaica (X p.p.), Chile (X p.p.) and Costa Rica (X p.p.) significantly strengthened its position in terms of the total imports, while Guyana, Nicaragua and Haiti saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported birds eggs in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Jamaica ($X), with an X% share of total imports. It was followed by Trinidad and Tobago, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Mexico stood at X%. In the other countries, the average annual rates were as follows: Jamaica (X% per year) and Trinidad and Tobago (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per ton, jumping by X% against the previous year. Import price indicated pronounced growth 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, birds egg import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Guyana ($X per ton), while Aruba ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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