In value terms, China ($10.5B) led the market, alone. The growth should be around 5.6% compared to 2020, when it showed an increase of 5.4% compared to 2010. At 58.6M tonnes in 2020, Chinese consumption was almost 9 times higher than the US, which ranked second in production and consumption. That is almost one egg per day. Egg Market Characteristics 4. [Online]. Eggs are a convenient, cheap, and nutritious food source in China. Subscribers are referred to weekly USDA wholesale and retail prices posted in the EGG-NEWS Egg Price and Inventory Report E-mailed each Friday. Goat Hides and Skins. You only have access to basic statistics. x}ksGwG?Y`UN8.MfDJ#x l&cn4PY.h&c'+;xY|_n?f3i_o|X-_?gooU_$83E=(5_~$O/_~qo_~F>j8"D9}2>&glr>:?7C!Y|puZ{E$_LXB>+v8))sWgd(>+&gl%|uL6n@#H3/Yp4dkanY5rEgEs?_O%ds9_5l!%|x>`,nH,Z-p= ]2AIlKEpqNYQB'a3}OVEo Ingesting only dribbles from a horse's dose or even the feces of a recently dewormed horse can cause this ivermectin toxicity. Over the period under review, consumption showed prominent growth. This market also excludes the proceeds from the captive (internal) consumption of the eggs for further processing.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%. For 2022 the remaining regions of importance were the Caribbean other than Bahamas, (5.7 million dozen) and the Middle East (3.4 million dozen with Israel comprising 82 percent due to HPAI and SE flock depletions). In China, duck and goose meat consumption increased at an average annual rate of +2.2% over the period from 2007-2018. (Unchanged from the December WASDE Report), USDA Data On Cage-Free Production For January 2023. "Egg Global Market Report 2020-30: COVID-19 Impact and Recovery", https://www.researchandmarkets.com/r/pp57vp. 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. The respective numbers of hens claimed for organic and cage-free flocks should reflected the realities of supply and demand in the market over successive quarters. By comparison yield was 175.8 bushels per acre in 2021. USDA-FAS data collated by USAPEEC, reflecting export volume and values for shell eggs and egg products are shown in the table below comparing 2021 with 2022:-, U.S. EXPORTS OF SHELL EGG AND EGG PRODUCTS DURING. Per capita consumption of eggs in the U.S. 2000-2023, Top U.S. states based on number of laying hens 2021. EGG-NEWS will report on the progress of the two major crops as monitored by the USDA through the remainder of November. * USDA Benchmark nest-run unit prices: January, $1.05 per dozen; February, $1.35; March, $1.58; April, $2.36; May, $2.09; June, $1.91; July, $2.71, August, $1.91, September $2.70, October $2.84, November, $3.40 and December $4.39. Meat production in the country has increased from 6.69 million tonnes . Japan uses eggs in a wide variety of dishes, including ramen noodles, rice dishes, and popular Japanese pastries. Over 2021 Mexico was second-ranked in shell egg exports receiving 52.2 million dozen valued at $41.9 million. The February 2023 WASDE value for corn yield based on actual harvest data was held at 173.3 bushels per acre. Based on current 2023 data, the projected corn harvest for 2022 was retained at 13,730 million bushels compared to 15,062 million bushels in 2021. The countries leading in the average consumption of eggs per person are Japan, Paraguay, China, Mexico, Ukraine, Malaysia, Brunei, Slovakia, Belarus, and the Russian Federation. 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. The sharp increase in imports by Canada is attributed to higher consumer demand and depletion of some flocks due to HPAI. Updated February 2023 USDA Projection for U.S. Average weekly egg production for Certified Organic in January 2023 was down by 3.9 percent compared to December 2022 with an average of 82.9 percent on a hen-week basis. 5-Region Cost of Production ex farm (1st Cycle)1, Components of USDA 6-Region 1stCycle nest-run Cost of Production:-. Official websites use .gov Average per capita egg consumption, measured in kilograms per year (in shell weight). The forecast for 2023 is 26.0 million dozen almost unchanged from 2022. Top 10 Vegetable Consumption Statistics Revenue in the vegetable sector totals $835,443m in 2021 The worldwide vegetable oil market value hit $232.3 billion in 2020 America is the world's largest importer of vegetables. The decline was attributed to an outbreak of the avian flu coupled with rising egg prices. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Rate of lay per day on May 1, 2020, averaged 76.8 eggs per 100 layers, down slightly from May 1, 2019. 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. According to USDAs Agricultural Marketing Service, approximately 66% of U.S. hens must be in cage-free production by 2026 to meet projected demand. Paraguay consumes way more eggs than the vast majority of its neighbors. Projected corn exports were held at 1,926 million bushels, based on recent orders, the volume of projected shipments to China and Mexico and taking into account the anticipated lower availability of coarse grains from Eastern Europe. * FAO estimate. 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. After two years of growth, the table egg market in the United Arab Emirates decreased by -% to $ in . They are sometimes eaten raw or used in salads, baked foods, stews, and as a snack. Subscribers to EGG-NEWS are referred to the postings depicting weekly prices, volumes and trends and the monthly review of prices, exports and related industry statistics. On average, a Japanese individual eats 320 eggs annually. Other importing regions collectively received 2.3 million dozen representing 3.3 percent of volume. A lot of people would be surprised to hear that Paraguay also consumes a lot of eggs every year. This market drives a large part of the economy and offers a range of business opportunities, says Ricardo . Research and Markets. Average weekly flock production for cage free flocks other than Certified Organic was up in January 2023 by 5.4 percent over December 2022 with an average of 81.8 percent on a hen-week basis Seasonally, younger flocks increase the availability of cage-free and organic eggs in response to pullet chick placements laid down in anticipation of pre-Easter and pre-Christmas demand. To use individual functions (e.g., mark statistics as favourites, set The Chinese government has a close eye on eggs to make sure they are being produced adequately. The five largest shell egg-producing states are home to approximately 44% of all laying hens in the U.S., and the top 10 states comprise 63% of egg production. At the high end of the range, the price in the South Central region attained $4.80 per dozen. hatching eggs, and 3.35 million layers producing egg-type hatching eggs. Recommendations 23. The forecast for 2023 is 240 million dozen or 3.0 percent of production, up 5.7 percent from 2022. Per Capita Consumption of Poultry and Livestock, 1965 to Forecast 2022, in Pounds 1/ Includes beef, pork, veal, and mutton/lamb, but excludes edible offals. Our World in Data is free and accessible for everyone. U.S. table egg production totaled 96.9 billion in 2020, down 2% from 2019. 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. Table egg layers had an average lay rate of about 0.81 eggs per day in 2019, whereas broiler-type layers averaged only 0.61 eggs per day. The United States, a leader in both consumption and production of eggs, saw its egg consumption rise since 2011 to a decade-long high of 263.3 eggs consumed per person in 2014. Mexico is the fourth highest country regarding egg consumption per person. Average flock production in January 2023 should not have included HPAI depopulation, but reflected a number of older flocks some of which were previously molted together with the relatively higher production from pullet chicks placed during August 2022. Key financial deals which have shaped the market in recent years are identified. Middle East was the smallest region in the global egg market.Entities in the egg farming industry are using innovative technologies such as HyperEye to optimize the production of eggs. The countries leading in the average consumption of eggs per person are Japan, Paraguay, China, Mexico, Ukraine, Malaysia, Brunei, Slovakia, Belarus, and the Russian Federation. 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. At 16H00 on February 8th after release of the WASDE the CME quotation for March delivery was 678 cents per bushel, up 0.9 percent from the quotation on January 12th for February delivery and 1.2 percent above the February USDA projection. Nonetheless, they are also consumed in pastries, in savory dishes, and with rice. In the US, potatoes were the most consumed vegetables in 2020 For example, people in Paraguay will often eat hard-boiled eggs as a snack. 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. Egg farmers received $3.34 per dozen for table eggs in November 2022 compared to $1.09 per dozen in November 2022, up 206.4 percent. The disparity between actual wholesale and retail prices indicates that chains are maximizing margins especially on Certified Organic and pastured categories. 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 United States, which occupies an important place in egg production, produced only 113 billion eggs during the same period as the continent's largest producer. Producers received higher prices during November for lettuce, soybeans, market eggs and cattle but lower prices for hogs, hay, milk, and cotton. 1. Poultry meat and egg production account for more than 28% of the total animal protein produced in world in 1997 (Bogale, 2008). Of the total stocks, 6.75 billion bushels are stored on farms, down 7 percent from a year earlier. 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. There are lots of people who enjoy consuming eggs, but there is one country that consumes more eggs than just about any other place on Earth. Then you can access your favorite statistics via the star in the header. Price range $4.35 to 6.19 per dozen, Average Advertised National Retail Price C-F, L, Brown. Unpredictable factors affecting price will include the extent of losses in the ongoing avian influenza epornitic that may undergo a resurgence late during the 1st quarter of 2023; the supply and cost of ingredients as influenced by events in Ukraine; limited export volume of eggs and the duration of current high domestic consumer demand. The sharp year-on-year increase is attributed to disequilibrium between supply and demand. Quantities of corn and soybeans, the two major commodities relevant to the cost of poultry production were stated to be:-. Since 2010, average table egg lay rates have increased nearly 6 percent, while broiler lay rates have increased 1 percent. Eggs, Excluding Hen Eggs. The decline is mainly due to economic. Consumption of poultry and egg products is significantly higher than combined consumption of beef, pork, mutton and goat meat. Some of the factors that affect consumption of eggs in particular regions are cultural values, religious beliefs, customer preference, and income levels. 3 0 obj In 2020 the proportional contribution of poultry meat is believed to be increased to 40%, the major increment is being happened in the developing world (Delgado, 1999). In reality a proportion of both cage free and organic production is downgraded and sold as commodity brown and white eggs. The demand for eggs in Japan is so high that the poultry population is almost equal to the human population of 120 million residents. . Egg prices in December rose 60% from a year earlier, according to Consumer Price Index data released Thursday. Egg production in China will remain as a huge and strong industry for the future development, and egg products will still be a popular and affordable food for Chinese people, but growth will be at a slower pace. Based on a comparison of 161 countries in 2020, Netherlands ranked the highest in egg consumption per capita with 22.2 kg followed by China and Mexico. Business Solutions including all features. Egg Market Product Analysis 5. Currently, Mexicans eat their eggs fried, poached or scrambled. The number of hens housed in conventional cage environments is decreasing as some egg producers and retailers, food service providers and food manufacturers transition to cage-free eggs. endobj [n 1]China was by far the largest producer of eggplants, accounting for nearly 65% of global production at 36,557,611 tonnes. Eggs in incubators totaled Chart. Did you know that in 2019, the U.S. produced more than 113 billion eggs? In some cases, eggs are enriched with minerals and vitamins and sold at a premium. 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. Leading egg producing countries worldwide in 2021 (in number of eggs in billions) [Graph]. About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. Soybean farmers received $14.00 per bushel in November 2022 compared to $12.10 per bushel in November 2021, up 15.7 percent. According to the FAO, China's egg production, at a 2% compounded yearly growth rate, could reach a growth of about 34.2 million metric tons of eggs per year by 2020. Unit value increased by 46.9 percent to $4,572 per ton, up from the $3,112 received in 2021. Cheap Imports While demand for poultry and egg products has. Meat plays a pivotal role in this. It is evident that production and hence exports of wheat, corn and sunflower from Ukraine will be sharply reduced compared to recent annual averages. Furthermore, eggs are commonly used to make mousse and custard. The eggs are often consumed as a snack, or used in making desserts, stew, and salads. However, the government intervened and restored things back to normal. These eggs are produced for consumption and are what you will find sold at the grocery store. 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. 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. The daily rate of lay averaged 81 eggs per 100 layers in 2020. Production, consumption and prices were revised from the previous January 19th 2022 report. Regulation of the egg production industry ensures the eggs produced are safe for human consumption and ensures there is no damage to the environment. <> Subsequent USDA projections will provide greater clarity on the effect of HPAI together with the recovery of the post-COVID economy that is impacted by inflation with a 6.0 percent increase in the Consumer Price Index in January compared to the corresponding month in 2021. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Get full access to all features within our Business Solutions. The November WASDE #630 is retrievable under the STATISTICS Tab. Read what egg producers can take away from this. 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. Also the figures coming from the EU, and the EU 2025 and 2030 forecasts look promising. In addition to having higher lay rates, table egg-type laying hens are also smaller, averaging 3.46 pounds in 2019, while market-ready broiler-type chickens averaged 6.32 pounds. Liquid Eggs whole egg and whites is steady to firm, while continuing steady to barely steady for yolk. In China, some 586 billion eggs were produced in that year. Overall, the total consumption indicated a strong increase from 2012 to : its value increased at an average . Per person, Japan consumes the most eggs every year. 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. The increased productivity of hens due to improved health and disease prevention, nutrition, genetics, and flock management is demonstrated in the graph to the right. HS: 040719, 040729, 040790 FCL: 1091. It is not unusual to see eggs added to stews, baked foods, salads, and numerous other dishes. The ideal entry-level account for individual users. This statistic shows the leading egg producing countries worldwide in 2021. Because eggs are inexpensive when compared to other sources of protein, eggs are incredibly popular in China. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. This indicates a loss in revenue experienced by shippers presumably operating under contract. "Leading egg producing countries worldwide in 2021 (in number of eggs in billions)." Off-farm stocks, at 1.55 billion bushels, are down 4 percent from last December. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). The vast majority (87 percent) of eggs produced in the United States are unfertilized table eggs. Japan consumes more eggs than anywhere else in the world. Over one-fourth of eggs produced were further processed into products for foodservice, manufacturing, retail and export. Egg Market Competitive Landscape 20. Egg Market Regional Analysis 10. Loose. 2. In the past five years, egg consumption in Mexico sharply declined. The Chinese consume their eggs in cooked or raw form. Measurement of actual egg consumption takes place in only a few countries, the figures presented by the FAO being estimates of the available supplies . The estimated total world production for eggplants in 2020 was 56,618,843 metric tonnes, up by 2.2% from 55,376,521 tonnes in 2019. 1. There is obvious doubt as to the accuracy of individual monthly flock numbers especially when reports show a marked change for the last month in a quarter or no change in the cage-free flock for sequential months. In the U.S., one of the top egg-consuming countries, egg consumption is forecast by the U.S. Department of Agriculture (USDA) to reach nearly 290 eggs per capita in 2020. 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. ", FAO, Leading egg producing countries worldwide in 2021 (in number of eggs in billions) Statista, https://www.statista.com/statistics/263971/top-10-countries-worldwide-in-egg-production/ (last visited March 04, 2023), Leading egg producing countries worldwide in 2021 (in number of eggs in billions) [Graph], FAO, January 25, 2023. Help us do this work by making a donation. The soybean yield was projected at 50.2 bushels per acre (51.7 bushels per acre in 2021) with a 2022 harvest of 4,346 million bushels. Prices and commentary are incorporated in the Weekly Commodity Report and WASDE #632 released on January 12th are posted in this edition and thereafter retrievable under the STATISTICS tab. Feeding the world in a sustainable way is one of our most pressing challenges in the coming decades. Which Mammals Lay Eggs. THE CAT BLOCKS ARE BACK by CHICKENNUGGETUwU999. Egg Market Size And Growth 9. Market segmentations break down market into sub markets. Economists also evaluated the likely impacts of the invasion of Ukraine by the Russian Federation with occupation of 20 percent of the Nations land area and following extensive destruction of infrastructure. Does livestock antibiotic use exceed suggested target? What forces will shape the market going forward? Chinese authorities closely monitor egg farming and production to ensure the highest standards are met. 401 East State Street, 3rd Floor, Rockford, IL 61104, USA, WATT Executive Guide to World Poultry Trends, Global egg consumption to rise worldwide through 2024, Worldwide egg consumption continues to grow beyond 2021, Developing countries drive poultry production, consumption to 2029, Mexicos egg consumption, exports to rise this year, Fourth generation family farm maximizes egg production through modern equipment, Strategies and tips for poultry health professionals, Illinois has first HPAI case in commercial poultry, Strategies for addressing biosecurity procedures and challenges, Woman accused of treating Tyson workers without nurse license. This average price lags current Midwest weekly values by one week. The soybean harvest advanced 2 percent to 96 percent, 5 percent ahead of both the 4-year average and the corresponding week in 2021. Total value of $115.7 million was higher by 6.1 percent compared to 2021. Are you interested in testing our business solutions? Asia is followed by the Americas with 303 billion. Egg Market Customer Information 7. Show publisher information Overall, imports, however, continue to indicate a relatively flat trend pattern. Those fertilized eggs may contain either table egg-type chickens that are bred for laying the unfertilized table eggs or broiler-type chickens that are bred for producing meat. Over the period under review, the market reached the peak level at $ in 2019; however, from to , consumption failed to regain momentum. While consumers in the U.S. still demand lactose-free milk alternatives, companies have tried . Yolk demand is light to moderate. Unit price in 2022 was $2.17 per dozen compared to $1.02 per dozen in 2021. This situation was coupled with increased demand as consumers increased purchases of eggs representing a competitively priced protein source in an inflationary environment. Republic of the Congo with 0.080 kg and Burundi with 0.150 kg. 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. Countries That Consume the Most Eggs Japan Japan consumes more eggs than anywhere else in the world. In the global consumption of chicken eggs, China has a massive lead over all other countries. Of the 269 million cases of eggs produced in 2020, well over half were sold as shell eggs through retail outlets. Soybean Meal was raised $25 per ton to $450 per ton. Global Vegan Egg Substitute Market is valued at approximately USD 141.3 million in 2021 and is anticipated to grow with a healthy growth rate of more than 16.7% over the forecast %PDF-1.7 Statista. Currently, you are using a shared account. A .gov website belongs to an official government organization in the United States. Use Ask Statista Research Service. Soybean stocks stored on farms totaled 1.48 billion bushels, down 3 percent from a year ago. No matter how you use eggs, visit the USDA Economic Research Service (ERS) Poultry & Eggs page for more information. Weekly National Egg Products/AMS_2842 f.o.b. Secure .gov websites use HTTPS This strategy restricts volume of sales and is to the disadvantage of producers. Off-farm stocks, at 4.06 billion bushels, are down 8 percent from a year ago. Per capita meat consumption in the United States, Protein efficiency of meat and dairy production, Protein supply from animal foods vs. GDP per capita, Seafood production: wild fish catch vs aquaculture, Share of cereals allocated to animal feed, Share of egg production that is free-range, Yearly number of animals slaughtered for meat. The top egg-producing provinces in China are Henan, Shandong, Hebei, Liaoning, and Jiangsu. At 127.1, the Crop Production Index was up 4.3 percent from last month and 19 percent from the previous year. Africa Egg Market 19. The January 17th 2022 edition of the USDA Egg Market News Report documented a USDA Combined Region value rounded to the nearest cent, of. `?E/|Sl^'@Z]O HyperEye technology identifies the gender of eggs before incubation. All maps, graphics, flags, photos and original descriptions 2023 worldatlas.com. statistic alerts) please log in with your personal account. In high income countries, however, changes in consumer preferences, ageing, and slower growing populations will lead to a levelling off in per capita meat consumption and a move towards the consumption of higher valued meat cuts. Value increased 78.2 percent to $29.4 million. Interactive visualization requires JavaScript. Please do not hesitate to contact me. The quota usage rate increased to 52.9 percent, up from 50.1 percent in 2021, despite an increase in the quota from 23,000 MT in 2021 to 25,400 MT in 2022. Learn more about how Statista can support your business. This includes UK egg packing station throughput by country and egg production system (intensive, barn, free. During December exports to Mexico were negligible. Eggs are also quite affordable which is suitable for the low-income households. Spot market offerings are light. North America Egg Market 16. In , supplies from abroad of albumins; egg albumin, drieds was finally on the rise to reach kg after four years of decline. USDA-WASDE FORECAST #633, February 8th 2023, Copyright 2023 Simon M. Shane. $4.70 per dozen delivered to warehouses for the week ending January 10th 2023. The pace of growth was the most pronounced in 2017 when imports increased by % against the previous year. (unchanged since Sept. 21). Valuable data from the European egg market 2020 and an outlook into the egg industry of tomorrow. Higher prices for feeder cattle, feeder pigs, concentrates, and nitrogen offset lower prices for other services, hay and forages, complete feeds, and other machinery. The average 2022 benchmark New York bulk unit price was lowered 1.7 percent from the January report to 282 cents per dozen.