Saudi Arabia: Egg Product Market 2025

Egg Product Market Size in Saudi Arabia

In 2021, after two years of growth, there was significant decline in the Saudi egg product market, when its value decreased by -22.3% to $X. Overall, the total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +34.6% against 2018 indices. Egg product consumption peaked at $X in 2020, and then shrank markedly in the following year.

Egg Product Production in Saudi Arabia

In value terms, egg product production declined significantly to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 77%. As a result, production attained the peak level of $X, and then contracted dramatically in the following year.

Egg Product Exports

Exports from Saudi Arabia

In 2021, overseas shipments of egg products were finally on the rise to reach X tons after six years of decline. Overall, exports, however, continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 195% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, egg product exports skyrocketed to $X in 2021. In general, exports, however, faced a precipitous contraction. The most prominent rate of growth was recorded in 2014 with an increase of 179%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Kuwait (X tons) was the main destination for egg product exports from Saudi Arabia, accounting for a 61% share of total exports. Moreover, egg product exports to Kuwait exceeded the volume sent to the second major destination, Bahrain (X tons), threefold. Yemen (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Kuwait stood at +22.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahrain (-0.9% per year) and Yemen (+3.5% per year).

In value terms, Kuwait ($X), Bahrain ($X) and Yemen ($X) constituted the largest markets for egg product exported from Saudi Arabia worldwide, together accounting for 89% of total exports.

Kuwait, with a CAGR of +13.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average egg product export price amounted to $X per ton, surging by 7.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 15% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Iraq ($X per ton), while the average price for exports to Kuwait ($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 the Netherlands (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.

Egg Product Imports

Imports into Saudi Arabia

For the third consecutive year, Saudi Arabia recorded decline in supplies from abroad of egg products, which decreased by -40.5% to X tons in 2021. Over the period under review, imports faced a deep setback. The growth pace was the most rapid in 2013 with an increase of 44% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, egg product imports shrank markedly to $X in 2021. In general, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2013 when imports increased by 47% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Ukraine (X tons), Italy (X tons) and Denmark (X tons) were the main suppliers of egg product imports to Saudi Arabia, with a combined 87% 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 Italy (with a CAGR of +33.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest egg product suppliers to Saudi Arabia were Ukraine ($X), Italy ($X) and Denmark ($X), together comprising 90% of total imports.

Among the main suppliers, Italy, with a CAGR of +19.9%, 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

The average egg product import price stood at $X per ton in 2021, surging by 6.4% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, egg product import price increased by +82.4% against 2018 indices. The growth pace was the most rapid in 2020 an increase of 52%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for the United Arab Emirates ($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 (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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