Spain: Chicken Table Egg Market 2024

Chicken Table Egg Market Size in Spain

The Spanish chicken table egg market was estimated at $X in 2022, increasing by 7% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Chicken table egg consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Chicken Table Egg Production in Spain

In value terms, chicken table egg production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 23% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Chicken Table Egg Exports

Exports from Spain

In 2022, overseas shipments of chicken table eggs decreased by -28.3% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of 125%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, chicken table egg exports shrank modestly to $X in 2022. Overall, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 169%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for chicken table egg exports from Spain, with a 44% share of total exports. Moreover, chicken table egg exports to France exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was taken by the UK (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to France totaled +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+23.9% per year) and the UK (+12.2% per year).

In value terms, France ($X) remains the key foreign market for chicken table eggs exports from Spain, comprising 45% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total exports. It was followed by the UK, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+24.1% per year) and the UK (+13.8% per year).

Export Prices by Country

In 2022, the average chicken table egg export price amounted to $X per ton, with an increase of 37% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($X per ton) and Israel ($X per ton), while the average price for exports to Italy ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Chicken Table Egg Imports

Imports into Spain

In 2022, overseas purchases of chicken table eggs increased by 18% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, continue to indicate a mild descent. The most prominent rate of growth was recorded in 2018 when imports increased by 283%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, chicken table egg imports expanded markedly to $X in 2022. Overall, imports, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2018 when imports increased by 89% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of chicken table egg imports to Spain, together comprising 75% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +8.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of chicken table eggs to Spain, comprising 32% of total imports. The second position in the ranking was held by France ($X), with a 15% share of total imports. It was followed by Poland, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.4% per year) and Poland (-2.0% per year).

Import Prices by Country

In 2022, the average chicken table egg import price amounted to $X per ton, dropping by -8.9% against the previous year. Over the period under review, the import price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2014 an increase of 124% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($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 (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform