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Apr 22, 2024

Turkey's Exports of Eggs Increase to $411M in 2023

Turkey Birds Egg Exports

In 2023, after two years of growth, there was decline in shipments abroad of birds eggs, when their volume decreased by -1.8% to 219K tons. Over the period under review, exports saw a perceptible downturn. The most prominent rate of growth was recorded in 2016 with an increase of 32% against the previous year. The exports peaked at 365K tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, birds egg exports rose modestly to $411M (IndexBox estimates) in 2023. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 46% against the previous year. The exports peaked at $434M in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.Turkey Birds Egg Exports By Country (Million USD)

COUNTRYExport Value of Birds Egg in Turkey (million USD)
20132014201520162017201820192020202120222023
United Arab Emirates1.71.55.29.38.410.617.942.471.5129120
Iraq36032519423331531013237.046.058.772.3
Qatar1.00.71.52.610.815.523.324.838.346.834.5
IranN/AN/A1.10.31.123.33.50.124.88.227.1
RussiaN/A0.15.0N/AN/AN/A3.47.637.026.627.0
Syrian Arab Republic11.943.729.519.78.34.145.046.244.814.724.5
BahrainN/AN/A0.22.24.55.94.36.910.011.111.3
Kuwait0.20.20.40.30.31.232.229.836.68.52.2
Saudi Arabia2.70.69.112.07.041.212.510.1N/AN/A0.2
Others28.640.728.010.922.622.422.651.566.091.292.6
Total406413274290378434297256375395411

Exports by Country

the United Arab Emirates (85K tons) was the main destination for birds egg exports from Turkey, accounting for a 39% share of total exports. Moreover, birds egg exports to the United Arab Emirates exceeded the volume sent to the second major destination, Qatar (21K tons), fourfold. Iraq (19K tons) ranked third in terms of total exports with an 8.9% share.

From 2013 to 2023, the average annual growth rate of volume to the United Arab Emirates stood at +52.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+39.6% per year) and Iraq (-22.8% per year).

In value terms, the largest markets for birds egg exported from Turkey were the United Arab Emirates ($120M), Iraq ($72M) and Qatar ($34M), with a combined 55% share of total exports. Iran, Russia, Syrian Arab Republic, Bahrain, Kuwait and Saudi Arabia lagged somewhat behind, together accounting for a further 22%.

Iran, with a CAGR of +117.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Chicken eggs (214K tons) was the largest type of birds eggs exported from Turkey, accounting for a 98% share of total exports. It was followed by eggs, excluding hen eggs (4.9K tons), with a 2.2% share of total exports.

From 2013 to 2023, the average annual growth rate of the volume of chicken eggs exports amounted to -2.7%.

In value terms, chicken eggs ($404M) remains the largest type of birds eggs exported from Turkey, comprising 98% of total exports. The second position in the ranking was held by eggs, excluding hen eggs ($7.8M), with a 1.9% share of total exports.

From 2013 to 2023, the average annual rate of growth in terms of the value of chicken eggs exports was relatively modest.

Export Prices by Country

In 2023, the birds egg price amounted to $1,879 per ton (FOB, Turkey), surging by 6.1% against the previous year. In general, export price indicated a tangible increase from 2013 to 2023: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, birds egg export price increased by +86.7% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 41% against the previous year. The export price peaked in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($4,083 per ton), while the average price for exports to the United Arab Emirates ($1,414 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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