With respect to the World situation it is evident that the 2022 harvest of all crops in Ukraine, a major World supplier, will be reduced by at least one third compared with pre-invasion values. Poultry meat and egg production account for more than 28% of the total animal protein produced in world in 1997 (Bogale, 2008). The U.S. had 325 million commercial laying hens at the end of 2020, down 5% from 2019. In most places, eggs are an essential food component due to their nutritious value. Conversely, only 13 percent of eggs are fertilized, or hatching eggs, which are used for producing chickens. Mexico is the fourth highest country regarding egg consumption per person. U.S. consumption of poultry meat (broilers, other chicken, and turkey) is considerably higher than beef or pork, but less than total red meat consumption. Meat plays a pivotal role in this. 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). 2. Our World in Data is free and accessible for everyone. What was the value of the market In 2020? Producers received higher prices during November for lettuce, soybeans, market eggs and cattle but lower prices for hogs, hay, milk, and cotton. Available: https://www.statista.com/statistics/263971/top-10-countries-worldwide-in-egg-production/, Leading egg producing countries worldwide in 2021, Egg production: leading countries worldwide 2021, Total number of laying hens in the U.S. 2000-20201, Total egg production in the U.S. 2000-2021, Share of laying hens by management in the U.S. 2020, U.S. egg market: sales of the leading brands 2022, U.S. egg unit sales of the leading brands 2022, Meat, poultry, fish, and eggs expenditure of U.S. households 2021, U.S. household expenditure on eggs 2021, by region, Average household expenditure per trip on dairy foods in the United States 2022, Volume of eggs produced in Canada 2010-2021, Number of organic egg production farms in Spain 2020, by autonomous community, Number of organic poultry meat and egg production farms in Spain 2020, by region, Number of organic egg farms in Finland 2006-2022, Producer prices of eggs in Norway 2010-2020, Market share of egg producers in Norway 2015, Eggs for consumption production volume in France 2008-2020, Number of egg production in Saudi Arabia by region 2018, Revenue of chicken egg production in the U.S., 2008-2013, Egg production value in Australia FY 2018-2020, Global number of chickens by country 2021, Global oats production 2015/2016-202/2023, Leading egg producing countries worldwide in 2021 (in number of eggs in billions), Find your information in our database containing over 20,000 reports. Overall, imports, however, posted a significant increase. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. by 2029, an increase of 0.5 kg r.w.e., slightly more than 1%, compared to the base period. Did you know that in 2019, the U.S. produced more than 113 billion eggs? 1:00 The claim: Poison control calls jumped 550% in Texas from use of horse and cow dewormer As the COVID-19 pandemic continues to ravage the country, many remain unprotected from it due to. Measurement of actual egg consumption takes place in only a few countries, the figures presented by the FAO being estimates of the available supplies . Unit value was 115 cents per dozen higher to $2.17 per in 2022 compared to 2021. On average, a Japanese individual eats 320 eggs annually. Because eggs have become so popular in Paraguay, the national health system has gotten concerned about the rapid rise in the average cholesterol of the Paraguayan citizen. Jy9"V|1X8\?|Eg'sM`jYcoWWlvq(3{ Cq/gUABzjb6/BqRd\)gi&$kI$l `%s,z!Egso `|. Key Topics Covered: 1. THE USDA Agricultural Prices Report released December 30th 2022 posted November prices for agricultural commodities and expenditures. Even though China has developed quickly, it is still a country where the average person does not have a lot of money. The pace of growth was the most pronounced in when imports increased by %. It places the market within the context of the wider egg market, and compares it with other markets. Yield was 51.2 bushels per acre in 2021. Over the period under review, consumption showed prominent growth. Feeding the world in a sustainable way is one of our most pressing challenges in the coming decades. The estimate of soybean yield was held at 49.5 bushels per acre. In November, there was increased monthly movement for corn, milk, cattle, and cotton and decreased marketing of soybeans, grapes, lettuce, and wheat.. During December exports to Mexico were negligible. 1. A one month increase of 5.6 million hens is considered unrealistic given that the average number as reported by USDA over the past nine months was 87.9 million with 88 million in December 2022. [n 1]China was by far the largest producer of eggplants, accounting for nearly 65% of global production at 36,557,611 tonnes. Use Ask Statista Research Service. The eggs are often consumed as a snack, or used in making desserts, stew, and salads. Egg Market Trends And Strategies 8. 3 0 obj Negotiated nest-run cage-free price for January 2023 averaged $4.97 per dozen down by 9.8 percent from $5.51 per dozen in December reflecting lower demand. The USDA ERS summarised prices as follows:-, The November Prices Received Index (2011 as a base) for Agricultural Production was 133.4, an increase of 4.5 percent from October 2022 and 23 percent from November 2021. The egg market includes eggs from hens, ducks, geese, quails and other birds. In 2019, Iowa, the top egg-producing state, produced more than 17.1 billion eggs and was home to more than 58 million laying hens, while Ohio produced 10.7 billion eggs and had 36 million laying hens. Eggs in incubators totaled This statistic shows the leading egg producing countries worldwide in 2021. For the Americas, the figure rose from 10.5kg to 11.8kg per person in 2011. It is evident that production and hence exports of wheat, corn and sunflower from Ukraine will be sharply reduced compared to recent annual averages. The Egg Market Global Report 2020 provides strategists, marketers and senior management with the critical information they need to assess the global egg market as it emerges from the Covid 19 shut down. Energy efficiency of meat and dairy production, Environmental footprints of dairy and plant-based milks, Feed required to produce one kilogram of meat or dairy product, Fish and seafood consumption vs. GDP per capita. Do Mammals Lay Eggs? HS: 410320, 410330, 410390 You only have access to basic statistics. Market segmentations break down market into sub markets. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $244.6 billion in 2023.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. This strategy restricts volume of sales and is to the disadvantage of producers. Consumption of poultry and egg products is significantly higher than combined consumption of beef, pork, mutton and goat meat. The decrease in estimated per capita consumption in 2020 can be attributed to decreased production due to COVID-19 related issues. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets. The global egg market is expected to decline from $200.8 billion in 2019 to $198.4 billion in 2020 at a compound annual growth rate (CAGR) of -1.3%. Overall, the total consumption indicated a strong increase from 2012 to : its value increased at an average . The remaining consuming countries recorded the following average annual rates of consumption growth: France (-2.4% per year) and Myanmar (+7.4% per year). Furthermore, eggs are commonly used to make mousse and custard. Egg production Eggs belong to the animal product. It should come as no surprise that your pan also has a very strong egg industry. Soybean stocks stored on farms totaled 1.48 billion bushels, down 3 percent from a year ago. The USDA quarterly Grain Stocks Report released on January 12th 2023, documented storage of the major commodities, classified according to on-site and remote facilities including elevators and commercial installations. Research and Markets. The sum for Others, Total Foreign, and Total are corrected for 2022 (January forecast). Over the period under review, the market reached the peak level at $ in 2019; however, from to , consumption failed to regain momentum. Market Background: Animal Produce Market 22. Regulation of the egg production industry ensures the eggs produced are safe for human consumption and ensures there is no damage to the environment. January 2023 advertised U.S. retail prices for cage-free eggs were down 25.4 percent from December to an average of $2.67 per dozen based on only two regions. "Leading Egg Producing Countries Worldwide in 2021 (in Number of Eggs in Billions). Because with a production figure of 576 billion in 2019, China is the country that produces the most eggs on a global scale. Projected egg production for 2022 was reduced by 0.2 percent from from the January Report to 7,719 million dozen This will be 3.2 percent lower than in 2021 due to depopulation of approximately 44 million hens infected with HPAI from early spring extending through mid-December. This Nation has sharply curtailed purchases of commodities during the current market year despite drought and taking into effect relaxation of COVID restrictions on consumer and demand. The U.S. 2022 harvest is projected to be 9.3 percent lower than the previous 2016 record harvest of 15,148 million bushels. Corn is 8 percent ahead of the 4-year average having advanced 6 percent during the past week. Secure .gov websites use HTTPS Other importing regions collectively received 2.3 million dozen representing 3.3 percent of volume. The revival in demand amid tight supplies after bird flu outbreak and a sharp rise in poultry feed cost have led to . Revenue of the cosmetic & beauty industry in the U.S. 2002-2022, Value of the leading global textile exporters in 2021, by country, Vegetable oils: global consumption 2013/14 to 2022/23, by oil type, Cocoa bean production worldwide 2019/20-2021/22, by country, World coffee per capita consumption: major consumer countries 2015, Cosmetics Industry in the U.S. - statistics & facts, Research expert covering agriculture & FMCG, Profit from additional features with an Employee Account. Besides eating shell eggs, Mexicans consumption of egg-based products has significantly risen. The top two importers were Canada (45.7 percent of volume) and Hong Kong (21.4 percent), collectively representing 67.1 percent of volume and 71.1 percent of total value. In 2015, however, the American Egg Board projects consumption will have fallen to 248.5 eggs per person annually. It is suggested that USDA should consider a quarterly report with more accurate and consistent hen data. Asia-Pacific Egg Market 13. The total volume of exported egg products during 2022 decreased by 27.8 percent to 25,306 metric tons compared to 2021. Click here for more on the local economic impact of eggs. Sharp rises in price as a result of supply-demand disequilibrium have made U.S. export prices uncompetitive as denoted by lower volumes and values over successive months. *Includes only MW and NW. In some cases, eggs are enriched with minerals and vitamins and sold at a premium. USDA projected egg production in 2023 was down 0.3 percent from the January Report to 8,095 million dozen with a per capita consumption of 287.4 eggs down 0.4 percent from the January projection. Eggs are a favorite food item in most homes around the world. The forecast for 2023 is 26.0 million dozen almost unchanged from 2022. Egg Market Characteristics 4. On average, a Japanese individual eats 320 eggs annually. Reports on volumes of commodities exported are included in weekly editions of EGG-NEWS based on published USDA data. In reality a proportion of both cage free and organic production is downgraded and sold as commodity brown and white eggs. It is not unusual to see eggs added to stews, baked foods, salads, and numerous other dishes. by Region 4.2 North America 4.2.1 North America Egg Products Consumption by Country 4.2.2 United States 4.2.3 Canada 4.3 Europe 4.3.1 Europe Egg . Shell egg exports from the U.S. during 2022 decreased by 64.9 percent in volume and 25.5 percent in total value compared to 2021. Also the figures coming from the EU, and the EU 2025 and 2030 forecasts look promising. | Source: Turkey production in 2021 was 7 percent below that of 2012. (unchanged since Sept. 21). Japan is also one of the worlds major importers of eggs and egg products. ), Average Farm Price: 670 cents per bushel. Additionally, the high cost of production of eggs has resulted in higher egg price which has negatively affected consumption of eggs. `?E/|Sl^'@Z]O Egg Market Supply Chain 6. Please do not hesitate to contact me. Per person, Japan consumes the most eggs every year. Industrial egg-liquid consumption will be influenced by reduced availability and higher cost that will once more drive demand for alternatives to real eggs as in 2015. $4.70 per dozen delivered to warehouses for the week ending January 10th 2023. Antibiotic use in livestock vs. GDP per capita, Antibiotic use in livestock vs. meat supply per capita. Errata: On January 26, 2023, this Livestock and Poultry: World Markets and Trade report was reposted to correct totals in the Pork Production table (production and consumption) and Pork Trade table (imports and export) on pages 8-9. The U.S. had 325 million commercial laying hens at the end of 2020, down 5% from 2019. This includes UK egg packing station throughput by country and egg production system (intensive, barn, free. Where is the largest and fastest growing market for the egg? On the other end of the scale was Angola with 0.070 kg, Dem. In the global consumption of chicken eggs, China has a massive lead over all other countries. endobj 4 0 obj The February 2023 WASDE retained corn and soybean harvest data for the 2022 season, with corn harvested from 79.2 million acres and soybeans from 86.3 million acres. Egg Market Product Analysis 5. Summary tables for the latest USDA December 2022 prices and flock statistics made available by the EIC on January 5th 2023 are arranged, summarized, tabulated and reviewed in comparison with values from the previous December 16th 2022 posting reflecting November 2022 costs and production data. Appendix For more information about this report visit https://www.researchandmarkets.com/r/pp57vp. Posted by Kim Ha, Market and Trade Economics Division, Economic Research Service in, More, Better, and New Market Opportunities. The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery. Global egg production continues to increase at an average of 3% per year The latest global data shows ongoing growth in egg production worldwide, with an average yearly increase of 3% over the View All slide 10 to 13 of 17 Our Supporters We are extremely grateful to the members of the IEC Support Group for their patronage. Unit price in 2022 was $2.17 per dozen compared to $1.02 per dozen in 2021. Ending stocks were projected to be 2.0 percent higher from the January 2023 WASDE to 1,267 million bushels. In , after four years of growth, there was decline in overseas purchases of albumins; egg albumin, drieds, when their volume decreased by -% to kg. Meat is an important source of nutrition for many people around the world. At the high end of the range, the price in the South Central region attained $4.80 per dozen. It is accepted that USDA projections for export are also based on the perceived intentions and needs of China. In the past five years, egg consumption in Mexico sharply declined. According to the USDA Egg Market News Reports released on January 17th the Midwest wholesale price (rounded to one cent) for Extra-large was down 16.2 percent to $3.88 per dozen. All other material, including data produced by third parties and made available by Our World in Data, is subject to the license terms from the original third-party authors. In 2020, U.S. egg consumption was estimated at 286.2 eggs per person. If you are an admin, please authenticate by logging in again. Egg products have also been impacted but to a lesser extent than shell eggs. This would be more useful to the industry for planning and marketing decisions. This is attributed to high domestic price and reduced availability as a result of depopulation of 44 million hens through December, offset by transfer of maturing pullets placed as chicks five months previously. No matter how you use eggs, visit the USDA Economic Research Service (ERS) Poultry & Eggs page for more information. The United States consumes a lot of eggs per year. This very segmented study shows all the strength and potential of agribusiness in the country. A lot of people would be surprised to hear that Paraguay also consumes a lot of eggs every year. In China, duck and goose meat consumption increased at an average annual rate of +2.2% over the period from 2007-2018. Liquid Eggs whole egg and whites is steady to firm, while continuing steady to barely steady for yolk. Then, eggs are very popular and salads, stews, and desserts. The Feed and Residual category was held at 5,275 million bushels. Price range $4.35 to 6.19 per dozen, Average Advertised National Retail Price C-F, L, Brown. The game has hundreds of achievements and . Diets around the world continue to change, and the COVID-19 pandemic has made this shift even more drastic. The Livestock Production Index, at 143.4, increased 3.2 percent from October and 30 percent from November last year. All maps, graphics, flags, photos and original descriptions 2023 worldatlas.com. 1 0 obj 1. In, FAO. The Saudi table egg market totaled $ in , with an increase of % against the previous year. Global trend in egg consumption, Mexico remains the number 1 When looking to the data of selected countries on egg consumption, we can see that the consumption of eggs has been on the rise all over the globe. This past week Midwest Large was approximately $3.40 above the corresponding week in 2022. Preheat oven We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. The USDA understandably retained values for the production of corn and soybeans for the February edition of the WASDE to reflect actual corn and soybean production and export projections and with consequential changes in market price. The average person in Japan eats about 320 eggs per year. Of course, eggs are also an integral part of the standard American breakfast. 2 0 obj The 14.9 million dozen shipped represented 21.4 percent of volume and 12.1 percent of value.