MENA: Table Egg Market 2024

Table Egg Market Size in MENA

The MENA's table egg market fell modestly to $X in 2022, flattening at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Table Egg Production in MENA

In value terms, table egg production contracted markedly to $X in 2022 estimated in export price. Over the period under review, production showed a strong increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Table Egg Exports

Exports in MENA

In 2022, overseas shipments of table eggs were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, recorded a slight setback. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, table egg exports expanded remarkably to $X in 2022. Overall, exports, however, continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey represented the largest exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Iran (X tons), mixing up a X% share of total exports. Oman (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to table egg exports from Turkey stood at X%. At the same time, Iran (X%), the United Arab Emirates (X%) and Oman (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of Iran (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) and Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest table egg supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Iran (X% per year) and Oman (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

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

Table Egg Imports

Imports in MENA

In 2022, after three years of decline, there was significant growth in supplies from abroad of table eggs, when their volume increased by X% to X tons. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 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 amounted to $X in 2022. Over the period under review, imports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main importer of table eggs, mixing up X% of total imports. It was distantly followed by Qatar (X tons), Israel (X tons), Iraq (X tons), Syrian Arab Republic (X tons), Oman (X tons) and Bahrain (X tons), together creating a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to table egg imports into the United Arab Emirates stood at X%. At the same time, Syrian Arab Republic (X%), Qatar (X%), Bahrain (X%), Israel (X%) and Oman (X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Iraq (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Qatar (X p.p.), Israel (X p.p.), Syrian Arab Republic (X p.p.), Bahrain (X p.p.) and Oman (X p.p.) significantly strengthened its position in terms of the total imports, while Iraq saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported table eggs in MENA, comprising X% of total imports. The second position in the ranking was taken by Qatar ($X), with a X% share of total imports. It was followed by Syrian Arab Republic, with an X% share.

In the United Arab Emirates, table egg imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Qatar (X% per year) and Syrian Arab Republic (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform