Asia: Table Egg Market 2024

Table Egg Market Size in Asia

The Asian table egg market fell to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the market hit record highs at $X in 2019; afterwards, it flattened through to 2022.

Table Egg Production in Asia

In value terms, table egg production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Table Egg Exports

Exports in Asia

In 2022, overseas shipments of table eggs were finally on the rise to reach X tons after three years of decline. The total export volume 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 was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, table egg exports soared to $X in 2022. The total export 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 throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Turkey (X tons), distantly followed by China (X tons), Malaysia (X tons), Thailand (X tons), Iran (X tons) and Japan (X tons) represented the major exporters of table eggs, together creating X% of total exports. India (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Japan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest table egg supplying countries in Asia were Turkey ($X), China ($X) and Malaysia ($X), with a combined X% share of total exports. Japan, Thailand, India and Iran lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Japan, with a CAGR of X%, recorded 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 2022, the export price in Asia amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, saw a slight setback. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Table Egg Imports

Imports in Asia

In 2022, purchases abroad of table eggs increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Total imports indicated pronounced growth 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 2014 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, table egg imports surged to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Hong Kong SAR (X tons), distantly followed by the United Arab Emirates (X tons), Singapore (X tons), Qatar (X tons) and Israel (X tons) represented the largest importers of table eggs, together making up X% of total imports. The following importers - Afghanistan (X tons), Iraq (X tons), Syrian Arab Republic (X tons), Oman (X tons), Bahrain (X tons), Macao SAR (X tons), Maldives (X tons) and Mongolia (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 main importing countries, was attained by Afghanistan (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) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Qatar, Syrian Arab Republic, Oman, Afghanistan, Bahrain, Macao SAR, Maldives, Israel, Iraq and Mongolia lagged somewhat behind, together comprising a further X%.

Afghanistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Iraq ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform