Northern America: Chicken Egg Market 2024

Chicken Egg Market Size in Northern America

The North American chicken egg market rose sharply to $X in 2022, surging by X% against 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 attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Chicken Egg Production in Northern America

In value terms, chicken egg production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed slight growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

The United States (X tons) constituted the country with the largest volume of chicken egg production, comprising approx. X% of total volume. Moreover, chicken egg production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), more than tenfold.

In the United States, chicken egg production expanded at an average annual rate of X% over the period from 2012-2022.

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Chicken Egg Exports

Exports in Northern America

Chicken egg exports dropped markedly to X tons in 2022, waning by X% against 2021. Overall, exports recorded a perceptible reduction. The growth pace was the most rapid in 2015 with an increase of X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, chicken egg exports declined to $X in 2022. Total exports 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then declined slightly in the following year.

Exports by Country

The United States prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2022. Canada (X tons) took a little share of total exports.

The United States was also the fastest-growing in terms of the chicken eggs exports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. The United States (X p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United States ($X) remains the largest chicken egg supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to X%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, growing by X% against the previous year. In general, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in the near future.

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 the United States ($X per ton), while Canada amounted to $X per ton.

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

Chicken Egg Imports

Imports in Northern America

In 2022, overseas purchases of chicken eggs increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports showed a prominent increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, chicken egg imports surged to $X in 2022. Overall, imports posted resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Canada dominates imports structure, recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by the United States (X tons), mixing up a X% share of total imports. Bermuda (X tons) followed a long way behind the leaders.

Imports into Canada increased at an average annual rate of X% from 2012 to 2022. At the same time, the United States (X%) and Bermuda (X%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in Northern America, with a CAGR of X% from 2012-2022. While the share of the United States (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) constitutes the largest market for imported chicken eggs in Northern America, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

In Canada, chicken egg imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United States (X% per year) and Bermuda (X% per year).

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Bermuda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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