No matter how you use eggs, visit the USDA Economic Research Service (ERS) Poultry & Eggs page for more information. 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. Weekly National Egg Products/AMS_2842 f.o.b. In addition to prices, the volume change of commodities marketed also influences the indexes. Albumins; egg albumin, dried - Tanzania - Report - IndexBox Platform In China, some 586 billion eggs were produced in that year. The Livestock Production Index, at 143.4, increased 3.2 percent from October and 30 percent from November last year. 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. Soybean farmers received $14.00 per bushel in November 2022 compared to $12.10 per bushel in November 2021, up 15.7 percent. Recommendations 23. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Yolk demand is light to moderate. This statistic shows the leading egg producing countries worldwide in 2021. Download Sample $9.99 <>/Metadata 723 0 R/ViewerPreferences 724 0 R>> What forces will shape the market going forward? In addition to its per capita domestic use of 287.4 million eggs, the U.S. is expected by the USDA to export 335 million dozen eggs by 2021. In light of these factors, global consumption per capita is projected to increase to only 34.9 kg retail weight equivalent (r.w.e.) Updated February 2023 USDA Projection for U.S. Projections included in the February 2023 WASDE report reflect the most recent estimates of commodity production in the Southern Hemisphere. Because with a production figure of 576 billion in 2019, China is the country that produces the most eggs on a global scale. USDA Weekly Egg Price and Inventory Report, January 18th 2023. Leading egg producing countries worldwide in 2021 (in number of eggs in billions) [Graph]. 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. Soybean stocks stored on farms totaled 1.48 billion bushels, down 3 percent from a year ago. The Chinese government has a close eye on eggs to make sure they are being produced adequately. Egg Production and Consumption. Middle East Egg Market 18. Yield was 51.2 bushels per acre in 2021. Meat production in the country has increased from 6.69 million tonnes . On average, a Japanese individual eats 320 eggs annually. . 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. 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. Secure .gov websites use HTTPS 2. A .gov website belongs to an official government organization in the United States. 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. Mexico is the fourth highest country regarding egg consumption per person. endobj 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. `?E/|Sl^'@Z]O Egg prices have soared 60% in a year. Here's why. - CBS News 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. TABLES SHOWING KEY PARAMETERS FOR DECEMBER 2022. This includes UK egg packing station throughput by country and egg production system (intensive, barn, free. 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. It covers the impact and recovery trajectory of Covid 19 for all regions, key developed countries and major emerging markets. This market drives a large part of the economy and offers a range of business opportunities, says Ricardo . 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. Table Eggs - United Arab Emirates - Report - IndexBox Platform Based on Professor Windhorst's production estimates, global consumption will be around 10.3kg per person by 2030. Study indicates higher consumption of eggs by Brazilians in 2023 The Chinese consume their eggs in cooked or raw form. The eggs are often consumed as a snack, or used in making desserts, stew, and salads. Average Nest Run Contract Price Cage-Free Brown. According to USDAs Agricultural Marketing Service, approximately 66% of U.S. hens must be in cage-free production by 2026 to meet projected demand. China China ranks highest in egg production as it produces about 466 billion eggs annually. The September - November 2022 indicated disappearance is 4.30 billion bushels, compared with 4.67 billion bushels during the same period last year. 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. Per capita consumption is a measure of total egg production, less exports, divided by the total U.S. population (Figure 1). Do Mammals Lay Eggs? Egg prices in December rose 60% from a year earlier, according to Consumer Price Index data released Thursday. Corn is 8 percent ahead of the 4-year average having advanced 6 percent during the past week. They are sometimes eaten raw or used in salads, baked foods, stews, and as a snack. Please do not hesitate to contact me. The United States consumes a lot of eggs per year. 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). Quantities of corn and soybeans, the two major commodities relevant to the cost of poultry production were stated to be:-. Cheap Imports While demand for poultry and egg products has. Across U.S cities, the average price for a dozen large grade A eggs was $4.25 last . 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. 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. At the high end of the range, the price in the South Central region attained $4.80 per dozen. EGG-NEWS.com Welcome Total value of $115.7 million was higher by 6.1 percent compared to 2021. 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. University of Glasgow - Colleges - touch-post-covid.gla.ac.uk All Rights. The growth should be around 5.6% compared to 2020, when it showed an increase of 5.4% compared to 2010. Eggs are also quite affordable which is suitable for the low-income households. A one month increase of 5.6 million hens is considered unrealistic given that the average number as reported by USDA over the past nine months was 87.9 million with 88 million in December 2022. 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. The pace of growth was the most pronounced in 2017 when imports increased by % against the previous year. hatching eggs, and 3.35 million layers producing egg-type hatching eggs. Key Topics Covered: 1. Japan is also one of the worlds major importers of eggs and egg products. How does the market relate to the overall economy, demography and other similar markets? Eggs, Excluding Hen Eggs. Official websites use .gov February 2023 data is shown in the table below:-, Source: Livestock, Dairy and Poultry Outlook released February 14th 2023. Countries That Consume the Most Eggs - WorldAtlas 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. 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. That is almost one egg per day. 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. Over the period under review, consumption showed prominent growth. Global Poultry Industry and Trends - Feed & Additive Magazine | Source: According to the USDA Egg Market News Reports released on January 17th the Midwest wholesale price (rounded to one cent) for Extra-large was down 16.2 percent to $3.88 per dozen. endobj Global Duck And Goose Meat Market to Keep Growing, Driven by Strong This strategy restricts volume of sales and is to the disadvantage of producers. Errata: On January 26, 2023, this Livestock and Poultry: World Markets and Trade report was reposted to correct totals in the Pork Production table (production and consumption) and Pork Trade table (imports and export) on pages 8-9. The situation in Ukraine has no short-term prospect for resolution despite initiation of ocean shipments from the Black Sea ports, although this is subject to the whims of the President of the Russian Federation. A lot of people would be surprised to hear that Paraguay also consumes a lot of eggs every year. For example, people in Paraguay will often eat hard-boiled eggs as a snack. The forecast for 2023 is 26.0 million dozen almost unchanged from 2022. The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery. Profit from the additional features of your individual account. Liquid whole egg and white demand is moderate to good. 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. Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. The daily rate of lay averaged 81 eggs per 100 layers in 2020. by 2029, an increase of 0.5 kg r.w.e., slightly more than 1%, compared to the base period. The sharp year-on-year increase is attributed to disequilibrium between supply and demand. 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 The February 2023 WASDE projection retained the price of corn at $6.70 per bushel. The egg market includes eggs from hens, ducks, geese, quails and other birds. The total volume of exported egg products during 2022 decreased by 27.8 percent to 25,306 metric tons compared to 2021. 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. Table Eggs - Qatar - Report - IndexBox Platform 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. Where is the largest and fastest growing market for the egg? It is estimated that the annual egg consumption in 2020 and 2030 will be 25.03 and 30.51 million tons, respectively. The lessened supply has factored into the rising costs of milk worldwide, but especially in the United States. Per capita consumption is a measure of total egg production, less exports, divided by the total U.S. population. REVIEW OF DECEMBER 2022 EGG PRODUCTION COSTS AND STATISTICS. National Chicken Council | Per Capita Consumption of Poultry and 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. $1.15 to $2.79/doz. The price projections for soybeans and soybean meal deviated from the February 8th CME quotations for March delivery of corn and soybean meal respectively. Egg production Eggs belong to the animal product. 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. 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. U.S. table egg production totaled 96.9 billion in 2020, down 2% from 2019. Off-farm stocks, at 4.06 billion bushels, are down 8 percent from a year ago. 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. The previous Monthly Cage-Free Report is available under the STATISTICS Tab. Ending stocks were projected to be 2.0 percent higher from the January 2023 WASDE to 1,267 million bushels. Click here for more on the local economic impact of eggs. Shipper Dock Basis; Wholesale prices; cents per pound unless otherwise noted. A large percentage of the eggs consumed in China are produced in small-scale farms in rural China. On average, each laying hen produces 296 eggs per year. Over 2021 Mexico was second-ranked in shell egg exports receiving 52.2 million dozen valued at $41.9 million. 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 soybean harvest advanced 2 percent to 96 percent, 5 percent ahead of both the 4-year average and the corresponding week in 2021. Global egg production continues to increase at an average of 3% per year The latest global data shows ongoing growth in egg production worldwide, with an average yearly increase of 3% over the View All slide 10 to 13 of 17 Our Supporters We are extremely grateful to the members of the IEC Support Group for their patronage. "Leading Egg Producing Countries Worldwide in 2021 (in Number of Eggs in Billions). Japan has a vibrant egg industry that includes large-scale poultry farmers, processors, and marketers. Soybeans stored in all positions on December 1, 2022 totaled 3.02 billion bushels, down 4 percent from December 1, 2021. In reality a proportion of both cage free and organic production is downgraded and sold as commodity brown and white eggs. Paraguay consumes way more eggs than the vast majority of its neighbors. (January 25, 2023). What was the value of the market In 2020? Additionally, the high cost of production of eggs has resulted in higher egg price which has negatively affected consumption of eggs. Egg Consumption Per Capita | Helgi Library endobj egg: India ranks third in Egg, eighth in meat production: Economic Some of the factors that affect consumption of eggs in particular regions are cultural values, religious beliefs, customer preference, and income levels. Goat Hides and Skins. The average Paraguayan citizen eats approximately 309 eggs annually. Even though China has developed quickly, it is still a country where the average person does not have a lot of money. Population growth, increased demand from COVID-19 and the continuing popularity of eggs as an alternative source of protein supported demand. (Unchanged from the December WASDE Report), USDA Data On Cage-Free Production For January 2023. The pace of growth was the most pronounced in when imports increased by %. 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. Because eggs are inexpensive when compared to other sources of protein, eggs are incredibly popular in China. Egg Products Market Outlook 2023 and Forecast to 2029 with Top 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. The daily rate of lay averaged 81 eggs per 100 layers in 2020. In 2022 egg imports as shell but predominantly products will attain 25.9 million dozen shell-equivalents up 42.8 percent from 14.9 million dozen in 2021. %PDF-1.7 It places the market within the context of the wider egg market, and compares it with other markets. HS: 040719, 040729, 040790 FCL: 1091. 1 0 obj Paraguay residents generally consume more eggs than residents in neighboring South American nations. Since 2010, average table egg lay rates have increased nearly 6 percent, while broiler lay rates have increased 1 percent. Countries That Consume the Most Eggs Japan Japan consumes more eggs than anywhere else in the world. Even though Japan does not necessarily produce a lot of eggs, it is one of the biggest importers of eggs and egg products. It is important to keep the price of eggs relatively low to ensure everyone in China has access to an inexpensive source of protein. Corn farmers received $6.49 per bushel in November 2022 compared to $5.26 per bushel in November 2021, up 23.4 percent. www.reportocean.com OECD-FAO Agricultural Outlook 2020-2029 | OECD iLibrary In , after four years of growth, there was decline in overseas purchases of albumins; egg albumin, drieds, when their volume decreased by -% to kg. Per person, Japan consumes the most eggs every year. The USDA Crop Progress Report released on November 14th documented continued progress in harvesting both soybean and corn crops as the season winds down. Egg Market Customer Information 7. Demand for eggs bounces back amid 2nd Covid wave There are lots of situations where people in China will consume eggs raw. Flock size may be limited by the availability of pullet chicks for replacement, rate of conversion to alternative housing systems and the cost of ingredients that will influence margins. 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. 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. Egg production in the country has increased from 78.48 billion in 2014-15 to 122.11 billion in 2020-21 (Provisional) taking the per capita availability of eggs to 91 eggs per annum in 2020-21 (Provisional). Does livestock antibiotic use exceed suggested target? Poultry farmers in Japan have adopted advanced techniques in the production and handling of eggs.