Asia: Chicken Egg Market 2024

Chicken Egg Market Size in Asia

The Asian chicken egg market expanded to $X in 2022, growing by X% against the previous year. The total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Chicken Egg Production in Asia

In value terms, chicken egg production rose markedly to $X in 2022 estimated in export price. In general, production enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

China (X tons) constituted the country with the largest volume of chicken egg production, comprising approx. X% of total volume. Moreover, chicken egg production in China exceeded the figures recorded by the second-largest producer, India (X tons), fourfold. Indonesia (X tons) ranked third in terms of total production with a X% share.

In China, chicken egg production expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (X% per year) and Indonesia (X% per year).

Chicken Egg Exports

Exports in Asia

In 2022, overseas shipments of chicken eggs increased by X% to X tons, rising for the second year in a row after two years of decline. Total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, chicken egg exports surged to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, Turkey (X tons) represented the main exporter of chicken eggs, committing X% of total exports. China (X tons) took the second position in the ranking, followed by Malaysia (X tons), Japan (X tons) and India (X tons). All these countries together held approx. X% share of total exports. The following exporters - Thailand (X tons) and Uzbekistan (X tons) - together made up X% of total exports.

Turkey experienced a relatively flat trend pattern with regard to volume of exports of chicken eggs. At the same time, Japan (X%), Thailand (X%), India (X%) and China (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) and Uzbekistan (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.), Japan (X p.p.), India (X p.p.), Uzbekistan (X p.p.) and Thailand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest chicken egg supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In Turkey, chicken egg exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: China (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in the near future.

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 Japan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

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

Chicken Egg Imports

Imports in Asia

Chicken egg imports contracted remarkably to X tons in 2022, with a decrease of X% compared with the previous year's figure. Total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then shrank notably in the following year.

In value terms, chicken egg imports expanded to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Hong Kong SAR (X tons), distantly followed by the United Arab Emirates (X tons), Singapore (X tons), Iraq (X tons), Uzbekistan (X tons), Saudi Arabia (X tons), Qatar (X tons) and Oman (X tons) were the major importers of chicken eggs, together creating X% of total imports. The following importers - Israel (X tons), Syrian Arab Republic (X tons), Bahrain (X tons), Macao SAR (X tons) and Maldives (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Qatar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Singapore ($X) and the United Arab Emirates ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Iraq, Saudi Arabia, Oman, Qatar, Syrian Arab Republic, Bahrain, Israel, Macao SAR, Maldives and Uzbekistan lagged somewhat behind, together accounting for a further X%.

Qatar, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, picking up by X% against the previous year. Import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chicken egg import price increased by X% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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