Republic of Korea: Non-Chicken Table Egg Market 2025

Non-Chicken Table Egg Market Size in Republic of Korea

The South Korean non-chicken table egg market fell modestly to $X in 2021, approximately mirroring the previous year. The market value increased at an average annual rate of +3.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Non-chicken table egg consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Non-Chicken Table Egg Production in Republic of Korea

In value terms, non-chicken table egg production fell slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 16%. Non-chicken table egg production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Non-Chicken Table Egg Exports

Exports from Republic of Korea

In 2021, after three years of growth, there was significant decline in shipments abroad of table eggs, excluding hen eggs, when their volume decreased by -23.4% to X tons. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 103% against the previous year. The exports peaked at X tons in 2020, and then fell notably in the following year.

In value terms, non-chicken table egg exports fell markedly to $X in 2021. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 123% against the previous year. The exports peaked at $X in 2020, and then reduced dramatically in the following year.

Exports by Country

Hong Kong SAR (X tons) was the main destination for non-chicken table egg exports from South Korea, with a 86% share of total exports. Moreover, non-chicken table egg exports to Hong Kong SAR exceeded the volume sent to the second major destination, Kiribati (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hong Kong SAR stood at +28.9%.

In value terms, Hong Kong SAR ($X) remains the key foreign market for non-chicken table egg exports from South Korea, comprising 79% of total exports. The second position in the ranking was taken by Kiribati ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR amounted to +32.8%.

Export Prices by Country

In 2021, the average non-chicken table egg export price amounted to $X per ton, approximately equating the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 21% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Kiribati ($X per ton), while the average price for exports to Hong Kong SAR amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Chicken Table Egg Imports

Imports into Republic of Korea

In 2021, overseas purchases of table eggs, excluding hen eggs were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-chicken table egg imports expanded sharply to $X in 2021. In general, imports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 73% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

China (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of non-chicken table egg imports to South Korea, with a combined 100% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +46.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-chicken table egg suppliers to South Korea were China ($X), the United States ($X) and Germany ($X), together accounting for 100% of total imports.

Among the main suppliers, Germany, with a CAGR of +39.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average non-chicken table egg import price amounted to $X per ton, which is down by -34.9% against the previous year. In general, the import price recorded a deep setback. The growth pace was the most rapid in 2018 an increase of 35% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+190.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform