Global Chicken Egg Market Overview 2021

Chicken Egg Market Size

The global chicken egg market rose significantly to $X in 2020, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the market value increased by X% y-o-y. Over the period under review, the global market attained the maximum level in 2020 and is expected to retain growth in the near future.

Chicken Egg Production

In value terms, chicken egg production expanded notably to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% y-o-y. Over the period under review, global production reached the peak level in 2020 and is expected to retain growth in the immediate term.

The country with the largest volume of chicken egg production was China (X tonnes), comprising approx. X% of total volume. Moreover, chicken egg production in China exceeded the figures recorded by the second-largest producer, the U.S. (X tonnes), fourfold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

In China, chicken egg production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: the U.S. (+X% per year) and India (+X% per year).

Production By Country

China (X tonnes) constituted the country with the largest volume of chicken egg production, comprising approx. X% of total volume. Moreover, chicken egg production in China exceeded the figures recorded by the second-largest producer, the U.S. (X tonnes), fourfold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in China totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: the U.S. (+X% per year) and India (+X% per year).

Chicken Egg Exports

Exports

In 2020, the amount of chicken eggs exported worldwide soared to X tonnes, rising by X% compared with the previous year's figure. In general, exports, however, continue to indicate a slight setback. Over the period under review, global exports reached the maximum at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, chicken egg exports shrank to $X in 2020. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Global exports peaked at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

The shipments of the twelve major exporters of chicken eggs, namely Uzbekistan, the Netherlands, Malaysia, India, Poland, Turkey, the U.S., Germany, Ukraine, Spain, Belgium and China, represented more than two-thirds of total export.

From 2007 to 2020, the biggest increases were in Uzbekistan (+X% per year), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the U.S. ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2020, together comprising X% of global exports. Turkey, Germany, Belgium, Spain, Malaysia, China, Ukraine, India and Uzbekistan lagged somewhat behind, together comprising a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average chicken egg export price stood at $X per tonne in 2020, declining by -X% against the previous year. Overall, export price indicated a modest increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, chicken egg export price decreased by -X% against 2018 indices. The growth pace was the most rapid in 2014 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Chicken Egg Imports

Imports

In 2020, the amount of chicken eggs imported worldwide reduced to X tonnes, approximately reflecting 2019. In general, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Over the period under review, global imports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, chicken egg imports dropped to $X in 2020. Over the period under review, imports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Over the period under review, global imports reached the maximum at $X in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of chicken eggs, namely Germany, the Netherlands and Hong Kong SAR, represented more than third of total import. Russia (X tonnes) ranks next in terms of the total imports with a X% share, followed by Singapore (X%), Belgium (X%) and the United Arab Emirates (X%). The following importers - Uzbekistan (X tonnes), France (X tonnes), Italy (X tonnes), Canada (X tonnes), Saudi Arabia (X tonnes) and Switzerland (X tonnes) - together made up X% of total imports.

From 2007 to 2020, the biggest increases were in Uzbekistan (+X% per year), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Russia ($X) were the countries with the highest levels of imports in 2020, together comprising X% of global imports. These countries were followed by Hong Kong SAR, Belgium, Saudi Arabia, Singapore, the United Arab Emirates, France, Canada, Switzerland, Italy and Uzbekistan, which together accounted for a further X Arabia recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average chicken egg import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($X per tonne), while Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chicken eggs in the world?

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China (29M tonnes) constituted the country with the largest volume of chicken egg consumption, comprising approx. 34% of total volume. Moreover, chicken egg consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (6.7M tonnes), fourfold. India (5.9M tonnes) ranked third in terms of total consumption with a 6.9% share.

What are the largest producers of chicken eggs in the world?

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China (29M tonnes) constituted the country with the largest volume of chicken egg production, comprising approx. 34% of total volume. Moreover, chicken egg production in China exceeded the figures recorded by the second-largest producer, the U.S. (6.8M tonnes), fourfold. India (6.1M tonnes) ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of chicken eggs in the world?

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In value terms, the largest chicken egg supplying countries worldwide were the Netherlands ($734M), the U.S. ($427M) and Poland ($259M), with a combined 41% share of global exports. Turkey, Germany, Belgium, Spain, Malaysia, China, Ukraine, India and Uzbekistan lagged somewhat behind, together accounting for a further 35%.

What are the leading importers of chicken eggs in the world?

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In value terms, Germany ($618M), the Netherlands ($408M) and Russia ($239M) appeared to be the countries with the highest levels of imports in 2020, with a combined 41% share of global imports. These countries were followed by Hong Kong SAR, Belgium, Saudi Arabia, Singapore, the United Arab Emirates, France, Canada, Switzerland, Italy and Uzbekistan, which together accounted for a further 31%.

What is the average export price for chicken eggs in the world?

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In 2020, the average chicken egg export price amounted to $1,257 per tonne, dropping by -21.8% against the previous year.

What is the average import price for chicken eggs in the world?

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In 2020, the average chicken egg import price amounted to $1,691 per tonne, declining by -6.1% against the previous year.