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Turkey - Hen Eggs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTurkey Sees Minor Increase in Chicken Egg Export, Reaching $404M in 2023
Turkey Chicken Egg Exports
In 2023, overseas shipments of chicken eggs decreased by -3.5% to 214K tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, exports showed a noticeable decline. The pace of growth was the most pronounced in 2016 with an increase of 32%. Over the period under review, the exports attained the peak figure at 365K tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.
In value terms, chicken egg exports rose slightly to $404M (IndexBox estimates) in 2023. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, the exports reached the peak figure at $434M in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
COUNTRY | Export Value of Chicken Egg in Turkey (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
United Arab Emirates | 1.7 | 1.5 | 5.2 | 9.3 | 8.4 | 10.5 | 17.8 | 42.3 | 71.5 | 129 | 120 |
Iraq | 360 | 325 | 194 | 233 | 315 | 310 | 132 | 37.0 | 46.0 | 58.7 | 72.3 |
Qatar | 1.0 | 0.7 | 1.5 | 2.6 | 10.8 | 15.5 | 23.3 | 24.7 | 38.2 | 46.8 | 34.4 |
Iran | N/A | N/A | 1.1 | 0.3 | 1.1 | 23.3 | 3.5 | 0.1 | 24.8 | 8.2 | 27.1 |
Russia | N/A | 0.1 | 5.0 | N/A | N/A | N/A | 3.4 | 7.6 | 37.0 | 26.6 | 27.0 |
Syrian Arab Republic | 11.6 | 43.7 | 29.5 | 19.7 | 8.2 | 4.1 | 45.0 | 46.2 | 44.8 | 14.7 | 24.5 |
Bahrain | N/A | N/A | 0.2 | 2.2 | 4.5 | 5.9 | 4.3 | 6.9 | 10.0 | 11.1 | 11.3 |
Kuwait | 0.2 | 0.2 | 0.4 | 0.3 | 0.3 | 1.2 | 32.2 | 29.8 | 36.6 | 8.5 | 2.2 |
Saudi Arabia | 2.7 | 0.6 | 9.1 | 12.0 | 7.0 | 41.2 | 12.5 | 10.1 | N/A | N/A | 0.2 |
Others | 28.6 | 40.7 | 28.0 | 10.9 | 22.5 | 22.4 | 22.6 | 51.5 | 66.0 | 89.5 | 85.0 |
Total | 406 | 412 | 274 | 290 | 378 | 434 | 297 | 256 | 375 | 393 | 404 |
Exports by Country
the United Arab Emirates (85K tons) was the main destination for chicken egg exports from Turkey, with a 40% share of total exports. Moreover, chicken 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 a 9.1% 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 chicken egg exported from Turkey were the United Arab Emirates ($120M), Iraq ($72M) and Qatar ($34M), together comprising 56% of total exports. Iran, Russia, Syrian Arab Republic, Bahrain, Kuwait and Saudi Arabia lagged somewhat behind, together accounting for a further 23%.
Among the main countries of destination, Iran, with a CAGR of +117.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the chicken egg price amounted to $1,886 per ton (FOB, Turkey), surging by 6.4% against the previous year. In general, export price indicated a notable expansion 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, chicken egg export price increased by +87.4% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 41%. Over the period under review, the average export prices reached the peak figure in 2023 and is expected to retain growth in years to come.
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 ($1,413 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.
This report provides an in-depth analysis of the chicken egg market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1062 - Hen eggs
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Producing Animals Slaughtered, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024