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 general, the total consumption indicated pronounced growth from 2012 to : its value increased at an average annual rate of +% over the last decade. Learn more about how Statista can support your business. 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. By comparison yield was 175.8 bushels per acre in 2021. Updated February 2023 USDA Projection for U.S. Share sensitive information only on official, secure websites. 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 U.S. 2022 harvest is projected to be 9.3 percent lower than the previous 2016 record harvest of 15,148 million bushels. In China, duck and goose meat consumption increased at an average annual rate of +2.2% over the period from 2007-2018. Egg production is a significant contributor to the economy and employment in several states. 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. Leading egg producing countries worldwide in 2021 (in number of eggs in billions) [Graph]. Broiler production grew by 21 percent, and egg production grew by 17 percent. The pace of growth was the most pronounced in when imports increased by %. At the end of 2020, 28% of all hens were in cage-free production, up from 14% in 2016 and 4% in 2010. $1.15 to $2.79/doz. China also is the first in the world for per capita consumption (40kg per year per person). by 2029, an increase of 0.5 kg r.w.e., slightly more than 1%, compared to the base period. Where is the largest and fastest growing market for the egg? 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. The U.S. had 325 million commercial laying hens at the end of 2020, down 5% from 2019. Egg production Eggs belong to the animal product. 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. Show publisher information Report Structure 3. In 2020, U.S. egg consumption was estimated at 286.2 eggs per person. 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. The Livestock Production Index, at 143.4, increased 3.2 percent from October and 30 percent from November last year. On average, each laying hen produces 296 eggs per year. Feeding the world in a sustainable way is one of our most pressing challenges in the coming decades. 1. Egg products have also been impacted but to a lesser extent than shell eggs. [n 1]China was by far the largest producer of eggplants, accounting for nearly 65% of global production at 36,557,611 tonnes. 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 forecast USDA farm price for corn was unchanged from the January 2023 WASDE Report at 670 cents per bushel. For all of these reasons, eggs are still very popular throughout most of mainland China. This situation was coupled with increased demand as consumers increased purchases of eggs representing a competitively priced protein source in an inflationary environment. Please do not hesitate to contact me. Posted by Kim Ha, Market and Trade Economics Division, Economic Research Service in, More, Better, and New Market Opportunities. You must not sell eggs. What forces will shape the market going forward? This strategy restricts volume of sales and is to the disadvantage of producers. To use individual functions (e.g., mark statistics as favourites, set 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). 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. Revenue of the cosmetic & beauty industry in the U.S. 2002-2022, Value of the leading global textile exporters in 2021, by country, Vegetable oils: global consumption 2013/14 to 2022/23, by oil type, Cocoa bean production worldwide 2019/20-2021/22, by country, World coffee per capita consumption: major consumer countries 2015, Cosmetics Industry in the U.S. - statistics & facts, Research expert covering agriculture & FMCG, Profit from additional features with an Employee Account. Click here for more on the local economic impact of eggs. 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Meat plays a pivotal role in this. Soybean stocks stored on farms totaled 1.48 billion bushels, down 3 percent from a year ago. 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. Then, eggs are very popular and salads, stews, and desserts. Please create an employee account to be able to mark statistics as favorites. Consumption of poultry and egg products is significantly higher than combined consumption of beef, pork, mutton and goat meat. Sharp rises in price as a result of supply-demand disequilibrium have made U.S. export prices uncompetitive as denoted by lower volumes and values over successive months. Unit value increased by 46.9 percent to $4,572 per ton, up from the $3,112 received in 2021. Off-farm stocks, at 1.55 billion bushels, are down 4 percent from last December. The decline is mainly due to economic. 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. 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. 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. 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. Over the period under review, imports, however, recorded a abrupt curtailment. Then you can access your favorite statistics via the star in the header. According to a report, the global egg market is expected to grow from $213.13 billion in 2020 to $227.39 billion in. Statista. On average, a Japanese individual eats 320 eggs annually. Help us do this work by making a donation. Eggs are a favorite food item in most homes around the world. 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. 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. 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. In the US, potatoes were the most consumed vegetables in 2020 The countries leading in the average consumption of eggs per person are Japan, Paraguay, China, Mexico, Ukraine, Malaysia, Brunei, Slovakia, Belarus, and the Russian Federation. Did you know that in 2019, the U.S. produced more than 113 billion eggs? stream
HS: 040719, 040729, 040790 FCL: 1091. The pace of growth was the most pronounced in 2017 when imports increased by % against the previous year. 5-Region Cost of Production ex farm (1st Cycle)1, Components of USDA 6-Region 1stCycle nest-run Cost of Production:-. Corn is 8 percent ahead of the 4-year average having advanced 6 percent during the past week. The price projections for soybeans and soybean meal deviated from the February 8th CME quotations for March delivery of corn and soybean meal respectively. endobj
Negotiated nest-run cage-free price for January 2023 averaged $4.97 per dozen down by 9.8 percent from $5.51 per dozen in December reflecting lower demand. "Leading Egg Producing Countries Worldwide in 2021 (in Number of Eggs in Billions). Furthermore, eggs are commonly used to make mousse and custard. Egg-Type Chicks Hatched Up 1 Percent Egg-type chicks hatched during April 2020 totaled 61.2 million, up 1 percent from April 2019. The forecast for 2023 is 240 million dozen or 3.0 percent of production, up 5.7 percent from 2022. Even though Japan does not necessarily produce a lot of eggs, it is one of the biggest importers of eggs and egg products. 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. Middle East Egg Market 18. The previous Monthly Cage-Free Report is available under the STATISTICS Tab. changes in the EU egg production and consumption in 2020. .
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