Northern America: Table Egg Market 2024

Table Egg Market Size in Northern America

The North American table egg market rose modestly to $X in 2022, increasing by X% against 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 being recorded in certain years. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in the immediate term.

Table Egg Production in Northern America

In value terms, table egg production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Table Egg Exports

Exports in Northern America

In 2022, table egg exports in Northern America shrank markedly to X tons, falling by X% compared with 2021 figures. In general, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, table egg exports declined significantly to $X in 2022. Overall, exports, however, continue to indicate slight growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Canada (X tons), making up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to table egg exports from the United States stood at X%. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2022. While the share of Canada (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest table egg supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

In the United States, table egg exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price saw a strong expansion. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Table Egg Imports

Imports in Northern America

In 2022, overseas purchases of table eggs increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports saw prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, table egg imports surged to $X in 2022. In general, imports enjoyed resilient growth. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Canada dominates imports structure, accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by the United States (X tons), committing a X% share of total imports. Bermuda (X tons) and Greenland (X tons) followed a long way behind the leaders.

Imports into Canada increased at an average annual rate of X% from 2012 to 2022. At the same time, the United States (X%), Bermuda (X%) and Greenland (X%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing importer imported in Northern America, with a CAGR of X% from 2012-2022. The United States (X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) constitutes the largest market for imported table eggs in Northern America, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Bermuda, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Canada amounted to X%. In the other countries, the average annual rates were as follows: the United States (X% per year) and Bermuda (X% per year).

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Greenland ($X per ton), while Bermuda ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform