This technology saves hatcheries the cost of incubating eggs that will never hatch or be used in the egg farming industry, reduces waste and improves animal welfare. Since 2010, average table egg lay rates have increased nearly 6 percent, while broiler lay rates have increased 1 percent. 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. "Leading Egg Producing Countries Worldwide in 2021 (in Number of Eggs in Billions). Based on the importance of cage-free production, the USDA-AMS issues the report on volumes and prices at monthly intervals for the information of Industry stakeholders. While consumers in the U.S. still demand lactose-free milk alternatives, companies have tried . THE USDA Agricultural Prices Report released December 30th 2022 posted November prices for agricultural commodities and expenditures. In the past five years, egg consumption in Mexico sharply declined. In 2022 egg exports as shell and as products combined attained 226.5 million dozen shell-equivalents, or 4.3 percent of production, down 42.2 percent from 392 million dozen or 4.9 percent of production in 2021. USDA Weekly Egg Price and Inventory Report, January 18th 2023. 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. Research and Markets During December, Hong Kong did not import shell eggs from the U.S. During 2021 Hong Kong imported 53.8 million dozen valued at $48.2 million, Bahamas was third-ranked as a shell-egg importer in 2022 with 5.1 million dozen valued at $10.4 million with a unit value of $2.03 per dozen. Production by country[edit] Notes[edit] Egg Market Metrics 12. endobj 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. The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers. Egg Market Supply Chain 6. The average Paraguayan citizen eats approximately 309 eggs annually. Unit price at $1.22 per dozen was $1.14 per dozen below the average prevailing nest-run USDA benchmark price of $2.36* over 2022. Overall, imports, however, posted a significant increase. There are a lot of countries that consume more eggs than the United States. In China, some 586 billion eggs were produced in that year. It is accepted that USDA projections for export are also based on the perceived intentions and needs of China. By comparison yield was 175.8 bushels per acre in 2021. Consumers are looking for lower-cost, highly nutrient options in their diets like eggs, which have increasingly been embraced around the world for their protein and many other nutritional benefits. For all of these reasons, eggs are still very popular throughout most of mainland China. 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 sharp increase in imports by Canada is attributed to higher consumer demand and depletion of some flocks due to HPAI. The per capita consumption of shell eggs and liquids combined for 2022 was reduced fractionally despite higher prices in the January Report to 276.6 eggs but down 3.8 eggs (1.4 percent) from 2021. Egg Market Segmentation 11. That is almost one egg per day. In, FAO. 2 0 obj Here are some stats to help you learn more about this agricultural commodity tied to many springtime observances. 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. The egg market includes eggs from hens, ducks, geese, quails and other birds. Many companies in Canada are adopting this technology with the help of funds from the government and the Canadian Agricultural Adaptation Program.The eggs market consists of the sale of raw eggs by entities (organizations, sole traders and partnerships) that produce raw eggs, including poultry farms and other entities which breed, and/or hatch and/or raise hens and other birds. The January 17th 2022 edition of the USDA Egg Market News Report documented a USDA Combined Region value rounded to the nearest cent, of. Show publisher information This strategy restricts volume of sales and is to the disadvantage of producers. 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. Mexico is the fourth highest country regarding egg consumption per person. It is important to keep the price of eggs relatively low to ensure everyone in China has access to an inexpensive source of protein. Rate of lay per day on May 1, 2020, averaged 76.8 eggs per 100 layers, down slightly from May 1, 2019. 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. It is suggested that USDA should consider a quarterly report with more accurate and consistent hen data. The daily rate of lay averaged 81 eggs per 100 layers in 2020. This market excludes sales of bird meat and processed eggs. Posted by Kim Ha, Market and Trade Economics Division, Economic Research Service in, More, Better, and New Market Opportunities. 2. Dublin, May 08, 2020 (GLOBE NEWSWIRE) -- The "Egg Global Market Report 2020-30: COVID-19 Impact and Recovery" report has been added to ResearchAndMarkets.com's offering. The projected price for soybeans was raised 10 cents per bushel to 1,430 cents per bushel. January 25, 2023. An official website of the United States government. Key Topics Covered: 1. Official websites use .gov Besides eating shell eggs, Mexicans consumption of egg-based products has significantly risen. The February 2023 WASDE projection retained the price of corn at $6.70 per bushel. 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. The harvest in 2022 is three percent ahead of the corresponding week in 2021. The forecast for 2023 is 26.0 million dozen almost unchanged from 2022. Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. 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. Per capita consumption is a measure of total egg production, less exports, divided by the total U.S. population. Per capita consumption of eggs in the U.S. 2000-2023, Top U.S. states based on number of laying hens 2021. Recommendations 23. %PDF-1.7 HS: 040719, 040729, 040790 FCL: 1091. However, the government intervened and restored things back to normal. This includes UK egg packing station throughput by country and egg production system (intensive, barn, free. The remaining consuming countries recorded the following average annual rates of consumption growth: France (-2.4% per year) and Myanmar (+7.4% per year). Report Structure 3. The most prominent rate of growth was recorded in 2015 when imports increased by % against the previous year. IEC data for the year 2018 illustrates the difference with high egg consumption in Mexico (368 eggs) and Japan (337) and a lower consumption in South Africa (130). The eggs are often consumed as a snack, or used in making desserts, stew, and salads. China (24.8 billion kilograms in shell) China ranks highest in egg production at 24.8 billion kilograms of unprocessed, in-shell hen's eggs produced annually. Egg products have also been impacted but to a lesser extent than shell eggs. All Rights. Eastern Europe Egg Market 15. 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. In the US, potatoes were the most consumed vegetables in 2020 May 08, 2020 06:53 ET Business Solutions including all features. The sharp year-on-year increase is attributed to disequilibrium between supply and demand. It is estimated that the annual egg consumption in 2020 and 2030 will be 25.03 and 30.51 million tons, respectively. 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. 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. Prices in 2022 were considerably higher over the comparable 2021 period extending from Thanksgiving through post-Christmas compared to 2021. Figures were rounded to provide a better understanding of the statistic. As of March 2021, organic and cage-free shell egg production accounted for 29.3% (96.1 million hens) of the current table egg layer flock. What was the value of the market In 2020? Unit value was 115 cents per dozen higher to $2.17 per in 2022 compared to 2021. This publication gives quarterly information on egg production, usage and prices. Commercial fishing, particularly in reduced fish populations, may be responsible for genetic changes and affect overall population resilience if not carefully managed., Vaccines are effective in decreasing hospitalization and deaths from COVID-19 infection but the emergence of viral variants of concern may diminish their efficacy., The University of Glasgow's Lighthouse Laboratory project . (unchanged since Sept. 21). Average Nest Run Contract Price Cage-Free Brown. `?E/|Sl^'@Z]O Over 2021 Mexico was second-ranked in shell egg exports receiving 52.2 million dozen valued at $41.9 million. The November 9th WASDE #630 estimated the average U.S corn yield at 172.3 bushels per acre (176.7 bushels per acre in 2021) with a 2022 harvest of 13,930 million bushels. The forecast USDA farm price for corn was unchanged from the January 2023 WASDE Report at 670 cents per bushel. Market size in this market is valued at farm gate prices. At 58.6M tonnes in 2020, Chinese consumption was almost 9 times higher than the US, which ranked second in production and consumption. Soybeans stored in all positions on December 1, 2022 totaled 3.02 billion bushels, down 4 percent from December 1, 2021. The country has restrictions on the use of antibiotics and pesticides in poultry farms. 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). Furthermore, the popularity of eggs has led to a significant increase in their price in Paraguay. 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. Consumers are looking for lower-cost, highly dense nutrient options in their diets like eggs, which have increasingly been embraced around the world for their, 401 East State Street, 3rd Floor, Rockford, IL 61104, USA, WATT Executive Guide to World Poultry Trends, Egg consumption continues to rise worldwide to 2029, Global egg consumption to rise worldwide through 2024, Adoption of cage-free egg production continues worldwide, Changing diets change egg consumption worldwide, 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. Diets around the world continue to change, and the COVID-19 pandemic has made this shift even more drastic. 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. | Source: 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. Egg Market Size And Growth 9. The September - November 2022 indicated disappearance is 4.30 billion bushels, compared with 4.67 billion bushels during the same period last year. Chicken Run: Dawn of the Nugget will come to Netflix exclusively in 2023. 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. Egg production is a significant contributor to the economy and employment in several states. Please create an employee account to be able to mark statistics as favorites. Profit from the additional features of your individual account. In Ethiopia from the total chicken meat "Leading egg producing countries worldwide in 2021 (in number of eggs in billions)." Egg Market Customer Information 7. 5-Region Cost of Production ex farm (1st Cycle)1, Components of USDA 6-Region 1stCycle nest-run Cost of Production:-. Egg Market Regional Analysis 10. 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. The controlled supply situation in Canada inhibits flexibility necessitating imports from the U.S. Hong Kong was the second-ranked importer of U.S. shell eggs during 2022. Sign up today for your free Reader Account! 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. Market Background: Animal Produce Market 22. 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. The demand for eggs in Paraguay has been affected by health concerns about high cholesterol levels. The total volume of exported egg products during 2022 decreased by 27.8 percent to 25,306 metric tons compared to 2021. U.S. table egg production totaled 96.9 billion in 2020, down 2% from 2019. Accessed March 04, 2023. https://www.statista.com/statistics/263971/top-10-countries-worldwide-in-egg-production/, FAO. *Includes only MW and NW. Antibiotic use in livestock vs. GDP per capita, Antibiotic use in livestock vs. meat supply per capita. Read what egg producers can take away from this. USDA-WASDE FORECAST #633, February 8th 2023, Copyright 2023 Simon M. Shane. In general, the total consumption indicated pronounced growth from 2012 to : its value increased at an average annual rate of +% over the last decade. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. In particular, the top 3 egg producing states Iowa, Ohio, Indiana are all located in the Midwest and represented a third of total U.S. egg production last year. During December 2022 Canada imported 5.2 million dozen down 5.5 percent from December 2021 but with a corresponding 221 percent increase in value to $25.0 million with a unit price of $4.81 per dozen. 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. The soybean harvest advanced 2 percent to 96 percent, 5 percent ahead of both the 4-year average and the corresponding week in 2021. Some studies have shown that this level of egg consumption might even help prevent certain types of stroke and a serious eye condition called macular degeneration that can lead to blindness. 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%. During December 2022 the volume of shell eggs exported declined 47.6 percent from December 2021 to 6.7 million dozen. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. 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. The USDA Cage-Free Report for January 2023, released on February 1st 2023 documented a 2.8 percent reduction in the complement of hens producing under the Certified Organic Program at 17.5 million (rounded to 0.1 million). 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. 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 . Eggs are also quite affordable which is suitable for the low-income households. A .gov website belongs to an official government organization in the United States. According to USDAs Agricultural Marketing Service, approximately 66% of U.S. hens must be in cage-free production by 2026 to meet projected demand. 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.