The previous Monthly Cage-Free Report is available under the STATISTICS Tab. The United States consumes a lot of eggs per year. Furthermore, the popularity of eggs has led to a significant increase in their price in Paraguay. Exports of shell eggs since March 2022 have been constrained by availability due to progressive and cumulative depletion of 44 million hens over 11 months as a result of HPAI with the national flock at about 20 million hens less than the pre-HPAI complement. REVIEW OF DECEMBER 2022 EGG PRODUCTION COSTS AND STATISTICS. The top egg-producing provinces in China are Henan, Shandong, Hebei, Liaoning, and Jiangsu. OurWorldInData.org/meat-production CC BY Source: Food and Agriculture Organization of the United Nations Note: Data refers to average per capita food supply at the consumer level, but does not correct for any wastages at the household level. 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. A lock ( LockA locked padlock ) or https:// means youve safely connected to the .gov website. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. stream Based on Professor Windhorst's production estimates, global consumption will be around 10.3kg per person by 2030. The average person in Japan eats about 320 eggs per year. Of this, 6.8% are organic (22.3 million hens) and 22.5% are non-organic cage-free (73.8 million hens). Posted by Kim Ha, Market and Trade Economics Division, Economic Research Service in, More, Better, and New Market Opportunities. Please create an employee account to be able to mark statistics as favorites. They are simple to prepare and a convenient food source. Loose. The remaining consuming countries recorded the following average annual rates of consumption growth: France (-2.4% per year) and Myanmar (+7.4% per year). Egg Market Segmentation 11. About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. May 12th, 2018 - Labels Automated Bread Manufacturing Bread Manufactuing Video Flow Chart For Bread Manufacturing Process Flow Chart For Bread Making''Flowchart Symbols SmartDraw Egg Market Competitive Landscape 20. Market segmentations break down market into sub markets. Ending stocks were projected to be 2.0 percent higher from the January 2023 WASDE to 1,267 million bushels. The January 17th 2022 edition of the USDA Egg Market News Report documented a USDA Combined Region value rounded to the nearest cent, of. 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. 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. 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%. In most places, eggs are an essential food component due to their nutritious value. Unit value increased by 46.9 percent to $4,572 per ton, up from the $3,112 received in 2021. 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. Spot market offerings are light. Liquid whole egg and white demand is moderate to good. This includes UK egg packing station throughput by country and egg production system (intensive, barn, free. <> The forecast for 2023 is 26.0 million dozen almost unchanged from 2022. 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. Japan consumes more eggs than anywhere else in the world. Because with a production figure of 576 billion in 2019, China is the country that produces the most eggs on a global scale. The sharp increase in imports by Canada is attributed to higher consumer demand and depletion of some flocks due to HPAI. Learn more about how Statista can support your business. Quantities of corn and soybeans, the two major commodities relevant to the cost of poultry production were stated to be:-. Egg Market Trends And Strategies 8. 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. USDA Weekly Egg Price and Inventory Report, January 18th 2023. In light of these factors, global consumption per capita is projected to increase to only 34.9 kg retail weight equivalent (r.w.e.) 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 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. 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. All Rights. 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. Paraguay consumes way more eggs than the vast majority of its neighbors. Here are some stats to help you learn more about this agricultural commodity tied to many springtime observances. The pace of growth was the most pronounced in 2017 when imports increased by % against the previous year. Eggs contain essential nutrients such as vitamins, minerals, and protein needed for a healthy life. The egg industry in the U.S. has evolved rapidly over the last few decades. Some of the factors that affect consumption of eggs in particular regions are cultural values, religious beliefs, customer preference, and income levels. In , after four years of growth, there was decline in overseas purchases of albumins; egg albumin, drieds, when their volume decreased by -% to kg. 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. The Egg market global report answers all these questions and many more.Asia Pacific was the largest region in the global egg market, accounting for 64% of the market in 2019. $1.15 to $2.79/doz. Although U.S. egg production is spread across more than 34 states, about 50 percent of production is concentrated in the Midwest, largely due to the availability of low-cost chicken feed. The game has hundreds of achievements and . Average per capita egg consumption, measured in kilograms per year (in shell weight). 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 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. 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. "Leading Egg Producing Countries Worldwide in 2021 (in Number of Eggs in Billions). Cheap Imports While demand for poultry and egg products has. Over 2021 Mexico was second-ranked in shell egg exports receiving 52.2 million dozen valued at $41.9 million. Statista. [Online]. 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. endobj Per person, Japan consumes the most eggs every year. The growth should be around 5.6% compared to 2020, when it showed an increase of 5.4% compared to 2010. USA About 109 billion eggs are produced annually in the United States ranking it in the second position. <>/ExtGState<>/XObject<>/Pattern<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 13 0 R 16 0 R 17 0 R 22 0 R 25 0 R 26 0 R 27 0 R 28 0 R 29 0 R 30 0 R 33 0 R 34 0 R 35 0 R 36 0 R 37 0 R 38 0 R 44 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 1>> The Chinese consume their eggs in cooked or raw form. Japan uses eggs in a wide variety of dishes, including ramen noodles, rice dishes, and popular Japanese pastries. May 08, 2020 06:53 ET There are lots of situations where people in China will consume eggs raw. Production, consumption and prices were revised from the previous January 19th 2022 report. China also is the first in the world for per capita consumption (40kg per year per person). At the end of 2020, 28% of all hens were in cage-free production, up from 14% in 2016 and 4% in 2010. 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. 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). The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information 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. This average price lags current Midwest weekly values by one week. Also the figures coming from the EU, and the EU 2025 and 2030 forecasts look promising. Per capita consumption remained broadly flat at 246 eggs per capita 43. Show publisher information Egg production worldwide 1990-2021 Published by M. Shahbandeh M. Shahbandeh Research expert covering agriculture & FMCG Get in touch with us now , Jan 25, 2023 The production volume of eggs. 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. Japan has a vibrant egg industry that includes large-scale poultry farmers, processors, and marketers. The pace of growth was the most pronounced in when imports increased by %. EGG-NEWS will report on the progress of the two major crops as monitored by the USDA through the remainder of November. During December exports to Mexico were negligible. Diets around the world continue to change, and the COVID-19 pandemic has made this shift even more drastic, although with a slow short-term recovery beginning. 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. HS: 410320, 410330, 410390 Shipper Dock Basis; Wholesale prices; cents per pound unless otherwise noted. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Price range $4.35 to 6.19 per dozen, Average Advertised National Retail Price C-F, L, Brown. In many emerging and developing countries the sales of eggs is driven by urbanisation and a continued development of the retail . At 58.6M tonnes in 2020, Chinese consumption was almost 9 times higher than the US, which ranked second in production and consumption. Because eggs are inexpensive when compared to other sources of protein, eggs are incredibly popular in China. Egg prices in December rose 60% from a year earlier, according to Consumer Price Index data released Thursday. HyperEye technology identifies the gender of eggs before incubation. Egg products have also been impacted but to a lesser extent than shell eggs. On average, a Japanese individual eats 320 eggs annually. Which Mammals Lay Eggs. According to a report, the global egg market is expected to grow from $213.13 billion in 2020 to $227.39 billion in. Asia is followed by the Americas with 303 billion. Secure .gov websites use HTTPS Off-farm stocks, at 1.55 billion bushels, are down 4 percent from last December. . Weekly National Egg Products/AMS_2842 f.o.b. In Ethiopia from the total chicken meat U.S. beef exports under the EU High Quality Beef (HQB) quota increased by over 2,000 metric tons (MT) in 2022, to 13,438 MT. Asia-Pacific Egg Market 13. 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. 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%. It is estimated that the annual egg consumption in 2020 and 2030 will be 25.03 and 30.51 million tons, respectively. | Source: U.S. poultry production has a competitive advantage in the world due to abundant domestic feed resources, primarily soybean meal and corn. Paraguay residents generally consume more eggs than residents in neighboring South American nations.