EU: Egg Product Market 2024

Egg Product Market Size in the EU

In 2021, the EU egg product market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Egg Product Production in the EU

In value terms, egg product production rose remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by 25%. Over the period under review, production hit record highs in 2021 and is expected to retain growth in the near future.

Egg Product Exports

Exports in the EU

In 2021, approx. X tons of egg products were exported in the European Union; increasing by 11% on 2020. The total export volume increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, egg product exports rose markedly to $X in 2021. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 19%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands represented the key exporting country with an export of around X tons, which finished at 38% of total exports. It was distantly followed by Poland (X tons), Spain (X tons), France (X tons), Belgium (X tons), Germany (X tons) and Italy (X tons), together generating a 49% share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of egg products. At the same time, Poland (+9.7%), Spain (+9.1%), Italy (+4.1%), France (+1.7%) and Belgium (+1.2%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +9.7% from 2012-2021. Germany experienced a relatively flat trend pattern. Poland (+6.3 p.p.) and Spain (+4.9 p.p.) significantly strengthened its position in terms of the total exports, while Germany and the Netherlands saw its share reduced by -1.6% and -9.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest egg product supplier in the European Union, comprising 37% of total exports. The second position in the ranking was held by Poland ($X), with an 11% share of total exports. It was followed by France, with a 10% share.

In the Netherlands, egg product exports shrank by an average annual rate of -1.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Poland (+8.6% per year) and France (+0.7% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price, however, saw a slight decline. The pace of growth was the most pronounced in 2018 when the export price increased by 9.7%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was France ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-0.7%), while the other leaders experienced a decline in the export price figures.

Egg Product Imports

Imports in the EU

In 2021, approx. X tons of egg products were imported in the European Union; picking up by 8.2% on 2020 figures. The total import volume increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by 22%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, egg product imports expanded significantly to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons), distantly followed by Belgium (X tons), France (X tons), the Netherlands (X tons), Italy (X tons) and Spain (X tons) were the major importers of egg products, together comprising 74% of total imports. Denmark (X tons), Sweden (X tons), Poland (X tons), the Czech Republic (X tons), Portugal (X tons) and Austria (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Italy (with a CAGR of +11.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported egg products in the European Union, comprising 27% of total imports. The second position in the ranking was held by France ($X), with an 11% share of total imports. It was followed by Belgium, with a 10% share.

In Germany, egg product imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: France (-1.5% per year) and Belgium (+2.2% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, rising by 3.1% against the previous year. In general, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2017 when the import price increased by 34% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Austria ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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