U.S.: Chicken Table Egg Market 2024

Chicken Table Egg Market Size in the U.S.

The U.S. chicken table egg market was estimated at $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Chicken Table Egg Production in the U.S.

In value terms, chicken table egg production reached $X in 2022. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by 43%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Chicken Table Egg Exports

Exports from the U.S.

In 2022, approx. X tons of chicken table eggs were exported from the United States; which is down by -39.9% on 2021 figures. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2013 with an increase of 54%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, chicken table egg exports declined markedly to $X in 2022. Over the period under review, exports, however, posted a moderate expansion. The growth pace was the most rapid in 2021 with an increase of 66% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for chicken table egg exports from the United States, accounting for a 70% share of total exports. Moreover, chicken table egg exports to Canada exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), fivefold. Bahamas (X tons) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-19.3% per year) and Bahamas (+7.4% per year).

In value terms, Canada ($X) emerged as the key foreign market for chicken table eggs exports from the United States, comprising 66% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 13% share of total exports. It was followed by Bahamas, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value to Canada totaled +12.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-7.6% per year) and Bahamas (+21.3% per year).

Export Prices by Country

The average chicken table egg export price stood at $X per ton in 2022, surging by 31% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 99%. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahamas ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Chicken Table Egg Imports

Imports into the U.S.

In 2022, after six years of decline, there was decline in supplies from abroad of chicken table eggs, when their volume decreased by 0% to X tons. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2014 when imports increased by 2,573% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, chicken table egg imports totaled $X in 2022. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 2,087% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) was the main supplier of chicken table egg to the United States, accounting for a 99% share of total imports. It was followed by Mexico (X tons), with a 0.8% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Turkey was relatively modest.

In value terms, Turkey ($X) constituted the largest supplier of chicken table eggs to the United States, comprising 78% of total imports. The second position in the ranking was taken by Mexico ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey was relatively modest.

Import Prices by Country

In 2022, the average chicken table egg import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price continues to indicate a pronounced expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 14% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Turkey stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+72.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform