Non-Chicken Table Egg Market

The global non-chicken table egg market is expected to experience steady growth in consumption over the next eight years, with a forecasted CAGR of +1.3% in volume and +3.7% in value. China leads in consumption and production, with Thailand and Indonesia also significant players. Import and export trends show fluctuations in volume and price, with the Netherlands dominating global exports. Overall, the market is poised for continued expansion and increased value.

Market Forecast

Driven by increasing demand for table eggs, excluding hen eggs worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.3% for the period from 2022 to 2030, which is projected to bring the market volume to 7.2M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.7% for the period from 2022 to 2030, which is projected to bring the market value to $19.2B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Table Eggs, Excluding Hen Eggs

Global non-chicken table egg consumption totaled 6.4M tons in 2022, leveling off at the previous year. The total consumption volume increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the consumption volume increased by 5.4% against the previous year. As a result, consumption reached the peak volume of 6.6M tons. From 2021 to 2022, the growth of the global consumption failed to regain momentum.

The global non-chicken table egg market revenue totaled $14.3B in 2022, standing approx. at 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). Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the global market attained the maximum level at $15.1B in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Consumption By Country

China (4.8M tons) constituted the country with the largest volume of non-chicken table egg consumption, comprising approx. 75% of total volume. Moreover, non-chicken table egg consumption in China exceeded the figures recorded by the second-largest consumer, Thailand (398K tons), more than tenfold. Indonesia (344K tons) ranked third in terms of total consumption with a 5.3% share.

In China, non-chicken table egg consumption expanded at an average annual rate of +1.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (+0.1% per year) and Indonesia (+2.2% per year).

In value terms, China ($9.5B) led the market, alone. The second position in the ranking was taken by Indonesia ($3B). It was followed by Thailand.

In China, the non-chicken table egg market remained relatively stable over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of market growth: Indonesia (+2.5% per year) and Thailand (-1.1% per year).

The countries with the highest levels of non-chicken table egg per capita consumption in 2022 were Thailand (5.7 kg per person), China (3.4 kg per person) and Poland (2.9 kg per person).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Poland (with a CAGR of +35.7%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Table Eggs, Excluding Hen Eggs

In 2022, approx. 6.5M tons of table eggs, excluding hen eggs were produced worldwide; approximately equating 2021. The total output volume increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by 5.9%. As a result, production reached the peak volume of 6.6M tons. From 2021 to 2022, global production growth remained at a lower figure. The general positive trend in terms output was largely conditioned by modest growth of the number of producing animals and a relatively flat trend pattern in yield figures.

In value terms, non-chicken table egg production rose slightly to $17B in 2022 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 138%. Global production peaked at $17.7B in 2020; however, from 2021 to 2022, production remained at a lower figure.

Production By Country

The country with the largest volume of non-chicken table egg production was China (4.8M tons), accounting for 74% of total volume. Moreover, non-chicken table egg production in China exceeded the figures recorded by the second-largest producer, Thailand (400K tons), more than tenfold. Indonesia (344K tons) ranked third in terms of total production with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China totaled +1.1%. The remaining producing countries recorded the following average annual rates of production growth: Thailand (+0.1% per year) and Indonesia (+2.2% per year).

Imports

World Imports of Table Eggs, Excluding Hen Eggs

In 2022, approx. 53K tons of table eggs, excluding hen eggs were imported worldwide; shrinking by -20% compared with 2021. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 35% against the previous year. Over the period under review, global imports reached the peak figure at 95K tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, non-chicken table egg imports contracted to $84M in 2022. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 17%. Over the period under review, global imports hit record highs at $160M in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports By Country

Spain (7.8K tons) and Saudi Arabia (7.7K tons) represented roughly 29% of total imports in 2022. It was followed by France (4.6K tons), Romania (3.8K tons) and the United Arab Emirates (2.8K tons), together mixing up a 21% share of total imports. The following importers - the Netherlands (2.1K tons), Belgium (2.1K tons), Angola (1.8K tons), Libya (1.7K tons), Mauritania (1.7K tons), the United States (1.4K tons), Luxembourg (1.3K tons) and Kuwait (1.2K tons) - together made up 25% of total imports.

From 2012 to 2022, the biggest increases were recorded for Mauritania (with a CAGR of +50.5%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest non-chicken table egg importing markets worldwide were Spain ($12M), Saudi Arabia ($11M) and Romania ($9.7M), with a combined 39% share of global imports. France, the United Arab Emirates, Kuwait, the United States, the Netherlands, Belgium, Libya, Luxembourg, Mauritania and Angola lagged somewhat behind, together accounting for a further 33%.

Among the main importing countries, Mauritania, with a CAGR of +34.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average non-chicken table egg import price amounted to $1,595 per ton, surging by 13% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 19% against the previous year. Over the period under review, average import prices attained the maximum at $1,674 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($2,516 per ton), while Angola ($326 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+2.0%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Table Eggs, Excluding Hen Eggs

In 2022, the amount of table eggs, excluding hen eggs exported worldwide skyrocketed to 139K tons, rising by 37% compared with the previous year's figure. In general, exports, however, showed a perceptible setback. The global exports peaked at 187K tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, non-chicken table egg exports rose rapidly to $178M in 2022. Over the period under review, exports, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 23% against the previous year. The global exports peaked at $282M in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports By Country

The Netherlands dominates exports structure, amounting to 87K tons, which was near 62% of total exports in 2022. Portugal (7.2K tons) held the second position in the ranking, followed by Spain (6.9K tons). All these countries together held near 10% share of total exports. The following exporters - France (4.1K tons), Kuwait (3.8K tons), Saudi Arabia (2.8K tons), Thailand (2.4K tons), Belarus (2.3K tons) and Kazakhstan (2.1K tons) - together made up 13% of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-chicken table egg exports from the Netherlands stood at +18.4%. At the same time, Kazakhstan (+30.1%), Portugal (+18.0%), Thailand (+5.9%) and Spain (+3.7%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the world, with a CAGR of +30.1% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-2.8%), Kuwait (-9.6%) and Belarus (-12.2%) illustrated a downward trend over the same period. While the share of the Netherlands (+54 p.p.), Portugal (+4.4 p.p.), Kuwait (+2.7 p.p.) and Spain (+2.4 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Belarus (-2.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($83M) remains the largest non-chicken table egg supplier worldwide, comprising 47% of global exports. The second position in the ranking was held by Spain ($14M), with an 8% share of global exports. It was followed by Portugal, with a 5.9% share.

In the Netherlands, non-chicken table egg exports increased at an average annual rate of +15.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Spain (+3.6% per year) and Portugal (+16.6% per year).

Export Prices By Country

The average non-chicken table egg export price stood at $1,281 per ton in 2022, dropping by -19.7% against the previous year. In general, the export price showed a mild downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 49%. As a result, the export price attained the peak level of $1,594 per ton, and then shrank significantly in the following year.

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 Spain ($2,083 per ton), while Thailand ($162 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+3.7%), while the other global leaders experienced mixed trends in the export price figures.

Source: IndexBox Market Intelligence Platform