Australia: Egg Product Market 2025

Egg Product Market Size in Australia

The Australian egg product market was finally on the rise to reach $X in 2021, after four years of decline. Overall, consumption, however, recorded a abrupt curtailment. Egg product consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Egg Product Production in Australia

In value terms, egg product production reduced to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 18%. Egg product production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Egg Product Exports

Exports from Australia

In 2021, the amount of egg products exported from Australia dropped sharply to X tons, falling by -19.8% compared with the previous year's figure. Overall, exports, however, showed a moderate increase. The most prominent rate of growth was recorded in 2015 with an increase of 474%. Over the period under review, the exports attained the peak figure at X tons in 2020, and then fell remarkably in the following year.

In value terms, egg product exports dropped to $X in 2021. Over the period under review, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 351% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then contracted in the following year.

Exports by Country

New Zealand (X tons) was the main destination for egg product exports from Australia, accounting for a 56% share of total exports. Moreover, egg product exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X tons), threefold. The third position in this ranking was taken by Hong Kong SAR (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to New Zealand amounted to +57.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+25.1% per year) and Hong Kong SAR (+0.8% per year).

In value terms, New Zealand ($X) remains the key foreign market for egg products exports from Australia, comprising 66% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a 12% share of total exports. It was followed by Hong Kong SAR, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value to New Zealand amounted to +53.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+26.7% per year) and Hong Kong SAR (-1.7% per year).

Export Prices by Country

In 2021, the average egg product export price amounted to $X per ton, growing by 10% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 24%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Fiji ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

Egg Product Imports

Imports into Australia

In 2021, the amount of egg products imported into Australia totaled X tons, growing by 2.2% compared with 2020 figures. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of 36% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, egg product imports declined to $X in 2021. Over the period under review, imports recorded a strong increase. The pace of growth appeared the most rapid in 2013 when imports increased by 67% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Thailand (X tons) and Denmark (X tons) were the main suppliers of egg product imports to Australia, with a combined 52% share of total imports. Italy, Taiwan (Chinese), the United States, Canada and New Zealand lagged somewhat behind, together comprising a further 45%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +128.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest egg product suppliers to Australia were Denmark ($X), Italy ($X) and China ($X), together comprising 54% of total imports.

Italy, with a CAGR of +111.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average egg product import price stood at $X per ton in 2021, waning by -2.2% against the previous year. Overall, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 58% against the previous year. The import price peaked at $X per ton in 2020, and then contracted slightly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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