Birds Egg Market Overview in Australia
In value terms, birds egg production fell to $ in 2018 estimated in export prices. Over the period under review, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by % year-to-year. Birds egg production peaked at $ in 2007; however, from 2008 to 2018, production remained at a lower figure.
The average yield of birds eggs in Australia rose to kg per head in 2018, with an increase of % against 2017. The yield figure increased at an average annual rate of +% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of % year-to-year. The birds egg yield peaked at kg per head in 2013; however, from 2014 to 2018, the yield failed to regain the momentum.
The number of animals for birds egg production in Australia reached heads in 2018, flattening at 2017 figures. Overall, the number of producing animals recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the number of producing animals increased by % against the previous year. As a result, the number of animals produced reached the peak level of heads. From 2016 to 2018, the growth of this number failed to regain the momentum.
The size of the birds egg market in Australia contracted to $ in 2018, reducing by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of % y-o-y. Birds egg consumption peaked at $ in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.
From 2007 to 2018, the average annual rate of growth in terms of the volume of consumption of chicken eggs stood at +%.
In value terms, chicken eggs ($) led the market, alone. The second position in the ranking was occupied by eggs, excluding hen eggs ($).
From 2007 to 2018, the average annual growth rate of the market volume of chicken eggs totaled -%.