Birds Egg Market

The global birds egg market is expected to continue an upward consumption trend, with market performance forecasted to expand with an anticipated CAGR of +2.3% from 2022 to 2030. China leads in both consumption and production volumes, while chicken eggs dominate both imports and exports. Prices have shown fluctuations over the years, with export prices seeing a significant increase in 2021. The Netherlands stands out as the largest exporter with stable export volumes over the years.

Market Forecast

Driven by increasing demand for birds eggs worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.3% for the period from 2022 to 2030, which is projected to bring the market volume to 115M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.7% for the period from 2022 to 2030, which is projected to bring the market value to $349.5B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Birds Eggs

In 2022, approx. 96M tons of birds eggs were consumed worldwide; growing by 1.5% on the year before. The total consumption volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the consumption volume increased by 5.7%. Over the period under review, global consumption attained the maximum volume in 2022 and is likely to see gradual growth in the immediate term.

The global birds egg market value contracted slightly to $242.9B in 2022, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the peak level at $245.9B in 2021, and then fell in the following year.

Consumption By Country

China (34M tons) constituted the country with the largest volume of birds egg consumption, comprising approx. 35% of total volume. Moreover, birds egg consumption in China exceeded the figures recorded by the second-largest consumer, India (6.5M tons), fivefold. The third position in this ranking was held by the United States (6.5M tons), with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume in China totaled +1.7%. The remaining consuming countries recorded the following average annual rates of consumption growth: India (+6.0% per year) and the United States (+1.6% per year).

In value terms, China ($58.8B), Mexico ($44.3B) and Indonesia ($28.2B) constituted the countries with the highest levels of market value in 2022, with a combined 54% share of the global market.

Indonesia, with a CAGR of +22.2%, recorded the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of birds egg per capita consumption was registered in the Netherlands (154 kg per person), followed by China (24 kg per person), Mexico (24 kg per person) and Indonesia (23 kg per person), while the world average per capita consumption of birds egg was estimated at 12 kg per person.

From 2012 to 2022, the average annual rate of growth in terms of the birds egg per capita consumption in the Netherlands stood at +11.6%. In the other countries, the average annual rates were as follows: China (+1.3% per year) and Mexico (+1.8% per year).

Consumption By Type

Chicken eggs (89M tons) constituted the product with the largest volume of consumption, accounting for 92% of total volume. Moreover, chicken eggs exceeded the figures recorded for the second-largest type, eggs, excluding hen eggs (7.4M tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of the volume of chicken eggs consumption totaled +2.9%.

In value terms, chicken eggs ($226.8B) led the market, alone. The second position in the ranking was taken by eggs, excluding hen eggs ($16.1B).

From 2012 to 2022, the average annual rate of growth in terms of the value of chicken eggs market amounted to +3.8%.

Production

World Production of Birds Eggs

In 2022, production of birds eggs decreased by -0.2% to 94M tons, falling for the second consecutive year after nine years of growth. The total output volume increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 5.5%. Over the period under review, global production hit record highs at 95M tons in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In value terms, birds egg production dropped to $245.1B in 2022 estimated in export price. The total output value increased at an average annual rate of +4.1% 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 with an increase of 32%. Global production peaked at $251.3B in 2021, and then shrank in the following year.

Production By Country

China (34M tons) constituted the country with the largest volume of birds egg production, accounting for 36% of total volume. Moreover, birds egg production in China exceeded the figures recorded by the second-largest producer, India (6.6M tons), fivefold. The third position in this ranking was held by the United States (6.5M tons), with a 6.9% share.

In China, birds egg production increased at an average annual rate of +1.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+6.0% per year) and the United States (+1.5% per year).

Production By Type

Chicken eggs (87M tons) constituted the product with the largest volume of production, accounting for 92% of total volume. Moreover, chicken eggs exceeded the figures recorded for the second-largest type, eggs, excluding hen eggs (7.5M tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of the volume of chicken eggs production amounted to +2.7%.

In value terms, chicken eggs ($228.8B) led the market, alone. The second position in the ranking was held by eggs, excluding hen eggs ($16.3B).

For chicken eggs, production increased at an average annual rate of +4.2% over the period from 2012-2022.

Imports

World Imports of Birds Eggs

In 2022, approx. 3.5M tons of birds eggs were imported worldwide; jumping by 64% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, birds egg imports rose notably to $4.8B in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by 13%. Over the period under review, global imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports By Country

In 2022, the Netherlands (1.7M tons) was the largest importer of birds eggs, achieving 49% of total imports. Germany (319K tons) ranks second in terms of the total imports with a 9% share, followed by Belgium (5.6%) and Hong Kong SAR (5%). The United Arab Emirates (113K tons), Singapore (95K tons), France (76K tons) and Italy (58K tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to birds egg imports into the Netherlands stood at +10.0%. At the same time, Belgium (+12.9%), the United Arab Emirates (+11.9%), Hong Kong SAR (+6.0%) and Italy (+3.0%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in the world, with a CAGR of +12.9% from 2012-2022. By contrast, France (-1.4%), Germany (-1.8%) and Singapore (-3.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Belgium and the United Arab Emirates increased by +20, +3.1 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($697M), the Netherlands ($501M) and Hong Kong SAR ($290M) were the countries with the highest levels of imports in 2022, together comprising 31% of global imports. Singapore, Belgium, the United Arab Emirates, France and Italy lagged somewhat behind, together accounting for a further 18%.

In terms of the main importing countries, the United Arab Emirates, with a CAGR of +8.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Imports By Type

Chicken eggs dominates imports structure, recording 3.4M tons, which was approx. 96% of total imports in 2022. Eggs, excluding hen eggs (149K tons) held a minor share of total imports.

Chicken eggs was also the fastest-growing in terms of imports, with a CAGR of +5.0% from 2012 to 2022. eggs, excluding hen eggs (-6.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of chicken eggs increased by +7.6 percentage points.

In value terms, chicken eggs ($4.3B) constitutes the largest type of birds eggs imported worldwide, comprising 89% of global imports. The second position in the ranking was taken by eggs, excluding hen eggs ($516M), with an 11% share of global imports.

For chicken eggs, imports increased at an average annual rate of +3.3% over the period from 2012-2022.

Import Prices By Type

In 2022, the average birds egg import price amounted to $1,357 per ton, with a decrease of -35.3% against the previous year. Overall, the import price recorded a mild decrease. The pace of growth was the most pronounced in 2021 an increase of 37% against the previous year. As a result, import price attained the peak level of $2,098 per ton, and then declined significantly in the following year.

Prices varied noticeably by the product type; the product with the highest price was eggs, excluding hen eggs ($3,462 per ton), while the price for chicken eggs stood at $1,265 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by egg, excluding hen egg (+3.2%).

Import Prices By Country

In 2022, the average birds egg import price amounted to $1,357 per ton, declining by -35.3% against the previous year. In general, the import price recorded a slight setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 37%. As a result, import price attained the peak level of $2,098 per ton, and then reduced markedly in the following year.

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 Singapore ($2,209 per ton), while the Netherlands ($290 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+10.4%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Birds Eggs

In 2022, overseas shipments of birds eggs decreased by -9.9% to 1.9M tons, falling for the second year in a row after three years of growth. In general, exports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2015 when exports increased by 10%. Over the period under review, the global exports attained the maximum at 2.6M tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, birds egg exports expanded sharply to $5.2B in 2022. The total export value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 16%. The global exports peaked in 2022 and are likely to see steady growth in the near future.

Exports By Country

In 2022, the Netherlands (328K tons), Poland (228K tons) and Turkey (223K tons) represented the main exporter of birds eggs in the world, making up 40% of total export. China (129K tons) ranks next in terms of the total exports with a 6.7% share, followed by Germany (6%), Belgium (5.2%) and Spain (5.2%). The following exporters - Malaysia (70K tons), Latvia (37K tons), France (34K tons), Japan (31K tons), Thailand (30K tons) and the Czech Republic (30K tons) - together made up 12% of total exports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +48.5%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($946M) remains the largest birds egg supplier worldwide, comprising 18% of global exports. The second position in the ranking was held by Poland ($446M), with an 8.6% share of global exports. It was followed by Turkey, with a 7.7% share.

In the Netherlands, birds egg exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+4.0% per year) and Turkey (+1.2% per year).

Exports By Type

Chicken eggs was the main exported product with an export of about 1.7M tons, which resulted at 85% of total exports. It was distantly followed by eggs, excluding hen eggs (283K tons), generating a 15% share of total exports.

Chicken eggs was also the fastest-growing in terms of exports, with a CAGR of -1.5% from 2012 to 2022. eggs, excluding hen eggs (-2.7%) illustrated a downward trend over the same period. While the share of chicken eggs (+1.7 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of eggs, excluding hen eggs (-1.7 p.p.) displayed negative dynamics.

In value terms, chicken eggs ($4.5B) remains the largest type of birds eggs supplied worldwide, comprising 87% of global exports. The second position in the ranking was taken by eggs, excluding hen eggs ($682M), with a 13% share of global exports.

From 2012 to 2022, the average annual rate of growth in terms of the value of chicken eggs exports totaled +4.3%.

Export Prices By Type

In 2022, the average birds egg export price amounted to $2,652 per ton, increasing by 21% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, birds egg export price increased by +70.9% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 41%. The global export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major exported products. In 2022, the product with the highest price was chicken eggs ($2,693 per ton), while the average price for exports of eggs, excluding hen eggs totaled $2,413 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by chicken egg (+5.8%).

Export Prices By Country

The average birds egg export price stood at $2,652 per ton in 2022, growing by 21% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, birds egg export price increased by +70.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 41%. The global export price peaked in 2022 and is likely to see gradual 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 France ($4,744 per ton), while Thailand ($1,101 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform