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This indicates a loss in revenue experienced by shippers presumably operating under contract. Then you can access your favorite statistics via the star in the header. Republic of the Congo with 0.080 kg and Burundi with 0.150 kg. A lot of people would be surprised to hear that Paraguay also consumes a lot of eggs every year. The Ethanol and Byproducts Category was lowered by 3.4 percent to 5,250 million bushels consistent with lower domestic demand for E-10, despite relaxation of COVID-19 restrictions. The forecast USDA farm price for corn was unchanged from the January 2023 WASDE Report at 670 cents per bushel. Ending stocks were projected to be 2.0 percent higher from the January 2023 WASDE to 1,267 million bushels. Research and Markets The February 2023 WASDE projection retained the price of corn at $6.70 per bushel. The previous Monthly Cage-Free Report is available under the STATISTICS Tab. In general, the total consumption indicated pronounced growth from 2012 to : its value increased at an average annual rate of +% over the last decade. It is estimated that the annual egg consumption in 2020 and 2030 will be 25.03 and 30.51 million tons, respectively. 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. <>/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>> May 08, 2020 06:53 ET 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. HS: 040719, 040729, 040790 FCL: 1091. The progression of prices during 2022 to date is depicted in the USDA chart reflecting three years of data, updated weekly. 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%. 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. During December 2022 the volume of shell eggs exported declined 47.6 percent from December 2021 to 6.7 million dozen. This would be more useful to the industry for planning and marketing decisions. 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. The most prominent rate of growth was recorded in 2015 when imports increased by % against the previous year. 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. Also the figures coming from the EU, and the EU 2025 and 2030 forecasts look promising. 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. USDA-WASDE FORECAST #633, February 8th 2023, Copyright 2023 Simon M. Shane. 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 USDA Crop Progress Report released on November 14th documented continued progress in harvesting both soybean and corn crops as the season winds down. 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. <>/Metadata 723 0 R/ViewerPreferences 724 0 R>> THE CAT BLOCKS ARE BACK by CHICKENNUGGETUwU999. Canada was the leading importer of shell eggs in 2022, with 31.8 million dozen representing 45.8 percent of volume and 58.9 percent of the $150.8 million total value of U.S. shipments of shell eggs. 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. Yolk demand is light to moderate. 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. At the high end of the range, the price in the South Central region attained $4.80 per dozen. Diets around the world continue to change, and the COVID-19 pandemic has made this shift even more drastic. By comparison yield was 175.8 bushels per acre in 2021. Unit price in 2022 was $2.17 per dozen compared to $1.02 per dozen in 2021. On February 14th the USDA Economic Research Service issued updated values for egg production during 2022 with a projection for 2023. Besides eating shell eggs, Mexicans consumption of egg-based products has significantly risen. All Rights. Yield was 51.2 bushels per acre in 2021. 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. The sharp year-on-year increase is attributed to disequilibrium between supply and demand. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). 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. Conversely, only 13 percent of eggs are fertilized, or hatching eggs, which are used for producing chickens. Secure .gov websites use HTTPS 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. Official websites use .gov Of the total stocks, 6.75 billion bushels are stored on farms, down 7 percent from a year earlier. 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. % The Chinese government has a close eye on eggs to make sure they are being produced adequately. Egg Market Trends And Strategies 8. The top egg-producing provinces in China are Henan, Shandong, Hebei, Liaoning, and Jiangsu. Egg Market Customer Information 7. The average person in Japan eats about 320 eggs per year. The January 17th 2022 edition of the USDA Egg Market News Report documented a USDA Combined Region value rounded to the nearest cent, of. January 25, 2023. The soybean harvest advanced 2 percent to 96 percent, 5 percent ahead of both the 4-year average and the corresponding week in 2021. The pace of growth was the most pronounced in when imports increased by %. No matter how you use eggs, visit the USDA Economic Research Service (ERS) Poultry & Eggs page for more information. 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. EGG-NEWS will report on the progress of the two major crops as monitored by the USDA through the remainder of November. The sum for Others, Total Foreign, and Total are corrected for 2022 (January forecast). Weekly National Egg Products/AMS_2842 f.o.b. Overall, the United States is relatively close to the top of the list in terms of the number of eggs eaten; however, the United States is not anywhere close to the top of the list in terms of the number of eggs eaten per person. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Market segmentations break down market into sub markets. Egg Market Supply Chain 6. The market characteristics section of the report defines and explains the market. North America Egg Market 16. Indicated disappearance for September - November 2022 totaled 1.53 billion bushels, down 4 percent from the same period a year earlier. Click here for more on the local economic impact of eggs. In light of these factors, global consumption per capita is projected to increase to only 34.9 kg retail weight equivalent (r.w.e.) What forces will shape the market going forward? The Livestock Production Index, at 143.4, increased 3.2 percent from October and 30 percent from November last year. You must not sell eggs. endobj The revival in demand amid tight supplies after bird flu outbreak and a sharp rise in poultry feed cost have led to . The U.S. had 325 million commercial laying hens at the end of 2020, down 5% from 2019. <> According to a report, the global egg market is expected to grow from $213.13 billion in 2020 to $227.39 billion in. Meat consumption has been shifting towards poultry. 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). This market excludes sales of bird meat and processed eggs. Overall, imports, however, posted a significant increase. 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. Across U.S cities, the average price for a dozen large grade A eggs was $4.25 last . Egg prices in December rose 60% from a year earlier, according to Consumer Price Index data released Thursday. FEBRUARY 2023 WASDE #633 PROJECTIONS FOR THE 2022 CORN HARVEST: (88.6 m. acres planted, harvest corresponding to 89.4% of acres harvested), (was 172.3 bushels per acre in the December WASDE. 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. There are a lot of countries that consume more eggs than the United States. Meat production in the country has increased from 6.69 million tonnes . A lock ( LockA locked padlock ) or https:// means youve safely connected to the .gov website. 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. In reality a proportion of both cage free and organic production is downgraded and sold as commodity brown and white eggs. 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. HyperEye technology identifies the gender of eggs before incubation. China China ranks highest in egg production as it produces about 466 billion eggs annually. 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. 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. Eggs, Excluding Hen Eggs. 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 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. %PDF-1.7 Over 2021 Mexico was second-ranked in shell egg exports receiving 52.2 million dozen valued at $41.9 million. South America Egg Market 17. 3 0 obj About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. Use Ask Statista Research Service. Large size was down 16.3 percent to $3.86 per dozen; the Medium price was down 19.0 percent to $2.77 per dozen as delivered to DCs. At 127.1, the Crop Production Index was up 4.3 percent from last month and 19 percent from the previous year. The decrease in estimated per capita consumption in 2020 can be attributed to decreased production due to COVID-19 related issues. Projections included in the February 2023 WASDE report reflect the most recent estimates of commodity production in the Southern Hemisphere. Report Structure 3. Over one-fourth of eggs produced were further processed into products for foodservice, manufacturing, retail and export. Since 2010, average table egg lay rates have increased nearly 6 percent, while broiler lay rates have increased 1 percent. 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 egg market section of the report gives context. Mexico is the fourth highest country regarding egg consumption per person. Virtually all of this increase per capita is attributed to higher consumption of poultry meat. The ideal entry-level account for individual users. At the end of 2020, 28% of all hens were in cage-free production, up from 14% in 2016 and 4% in 2010. Of course, eggs are also an integral part of the standard American breakfast. 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. The November Prices Paid Index for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW), at 137.1, was unchanged from October 2022 but up 11 percent from November 2021. 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. $4.70 per dozen delivered to warehouses for the week ending January 10th 2023. Feeding the world in a sustainable way is one of our most pressing challenges in the coming decades. In , overseas purchases of albuminates and other albumin derivatives (excluding egg albumin)s increased by % to kg for the first time since 2015, thus ending a five-year declining trend. 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. 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. 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. Turkey production in 2021 was 7 percent below that of 2012. For example, people in Paraguay will often eat hard-boiled eggs as a snack. Prices should be compared to the USDA benchmark average 6-Region blended nest-run cost of 80.1 cents per dozen in December, excluding provisions for packing, packaging materials and transport, amounting to 50 cents per dozen according to the EIC. Meat plays a pivotal role in this. The forecast for 2023 is 240 million dozen or 3.0 percent of production, up 5.7 percent from 2022. The situation in Ukraine has no short-term prospect for resolution despite initiation of ocean shipments from the Black Sea ports, although this is subject to the whims of the President of the Russian Federation. * 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. How does the market relate to the overall economy, demography and other similar markets? Are you interested in testing our business solutions? 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). Egg production is a significant contributor to the economy and employment in several states. 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. On average, a Japanese individual eats 320 eggs annually. 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. Key financial deals which have shaped the market in recent years are identified. Middle East Egg Market 18. Egg Market Metrics 12. * FAO estimate. In most places, eggs are an essential food component due to their nutritious value. [n 1]China was by far the largest producer of eggplants, accounting for nearly 65% of global production at 36,557,611 tonnes. Regulation of the egg production industry ensures the eggs produced are safe for human consumption and ensures there is no damage to the environment. The projected price for soybeans was raised 10 cents per bushel to 1,430 cents per bushel. Spot market offerings are light. Posted by Kim Ha, Market and Trade Economics Division, Economic Research Service in, More, Better, and New Market Opportunities. 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. Meat is an important source of nutrition for many people around the world. ", 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. Note: All poultry and livestock products are on a retail weight basis, except "other chicken" and "turkey" which are reported by USDA on a carcass-weight basis. It is important to keep the price of eggs relatively low to ensure everyone in China has access to an inexpensive source of protein. Off-farm stocks, at 1.55 billion bushels, are down 4 percent from last December. Please create an employee account to be able to mark statistics as favorites. *Includes only MW and NW. 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 Research and Markets. Business Solutions including all features. Statista. The USDA Combined Price last week was approximately $3.70 above the 3-year average. Because eggs are inexpensive when compared to other sources of protein, eggs are incredibly popular in China. "Leading egg producing countries worldwide in 2021 (in number of eggs in billions)." Do Mammals Lay Eggs? This was mainly due to reduced costs for fuel and energy but with eggs a standout among the food group. Index of gross unit values, main protein sources in Australia Eggs Milk Beef Lamb Poultry Pork Download data (.XLSX) Broiler production grew by 21 percent, and egg production grew by 17 percent. Other importing regions collectively received 2.3 million dozen representing 3.3 percent of volume. Preheat oven You only have access to basic statistics. Value increased 78.2 percent to $29.4 million. 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. 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. (unchanged since Sept. 21). Where is the largest and fastest growing market for the egg? 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. Figures were rounded to provide a better understanding of the statistic. It analyses GDP proportion, expenditure per capita, egg indicators comparison. 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). In , supplies from abroad of albumins; egg albumin, drieds was finally on the rise to reach kg after four years of decline. The remaining consuming countries recorded the following average annual rates of consumption growth: France (-2.4% per year) and Myanmar (+7.4% per year). Rate of lay per day on May 1, 2020, averaged 76.8 eggs per 100 layers, down slightly from May 1, 2019. Japan consumes more eggs than anywhere else in the world. Per capita consumption of eggs in the U.S. 2000-2023, Top U.S. states based on number of laying hens 2021. 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. Over the period under review, imports, however, recorded a abrupt curtailment. 4 0 obj Production by country[edit] Notes[edit] This very segmented study shows all the strength and potential of agribusiness in the country. Poultry meat and egg production account for more than 28% of the total animal protein produced in world in 1997 (Bogale, 2008). That being said, there are still people in the United States who love their eggs. Soybean Meal was raised $25 per ton to $450 per ton. The price projections for soybeans and soybean meal deviated from the February 8th CME quotations for March delivery of corn and soybean meal respectively. by 2029, an increase of 0.5 kg r.w.e., slightly more than 1%, compared to the base period. Eggs in incubators totaled Mexico was the fourth-ranked importer of shell eggs during 2022 with 3.8 million dozen representing 5.4 percent of volume and 2.9 percent of total value corresponding to a unit value of $1.16 per dozen, 49.2 percent of the U.S. benchmark average of $2.36 per dozen in 2022. The February 2023 WASDE value for corn yield based on actual harvest data was held at 173.3 bushels per acre. Per capita consumption of eggs has increased 15% in the past 20 years. Over the period under review, consumption showed prominent growth. The number of hens classified as cage-free (but excluding Certified Organic) and including aviary, barn and other systems of housing was inexplicably up 6.3 percent from December 2022 at 93.6 million. 1. 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. Subscribers are referred to weekly USDA wholesale and retail prices posted in the EGG-NEWS Egg Price and Inventory Report E-mailed each Friday. U.S. poultry production has a competitive advantage in the world due to abundant domestic feed resources, primarily soybean meal and corn. Imports peaked at kg in , and then fell in the following year. Per capita consumption is a measure of total egg production, less exports, divided by the total U.S. population (Figure 1). The game has hundreds of achievements and . Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Eggs are also quite affordable which is suitable for the low-income households. The U.S. 2022 harvest is projected to be 9.3 percent lower than the previous 2016 record harvest of 15,148 million bushels. On average, a Japanese individual eats 320 eggs annually. Liquid Eggs whole egg and whites is steady to firm, while continuing steady to barely steady for yolk. | Source: In value terms, China ($10.5B) led the market, alone. The daily rate of lay averaged 81 eggs per 100 layers in 2020. The country has restrictions on the use of antibiotics and pesticides in poultry farms. During 2021 the U.S. exported 35,068 metric tons of egg products valued at $109.1 million with a unit price of $3,108 per metric ton. It is suggested that USDA should consider a quarterly report with more accurate and consistent hen data. Average Nest Run Contract Price Cage-Free Brown. 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. 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. Download Sample $9.99 The eggs are often consumed as a snack, or used in making desserts, stew, and salads. Asia is followed by the Americas with 303 billion. Furthermore, eggs are commonly used to make mousse and custard.

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