Chicken Egg Market Overview in Eastern Europe
In value terms, chicken egg production contracted slightly to $ in estimated in export prices. In general, production recorded a pronounced decrease. The most prominent rate of growth was recorded in 2018 with an increase of % y-o-y. The level of production peaked at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
The country with the largest volume of chicken egg production was Russia ( tonnes), accounting for % of total volume. Moreover, chicken egg production in Russia exceeded the figures recorded by the second-largest producer, Ukraine ( tonnes), threefold. Poland ( tonnes) ranked third in terms of total production with a % share.
From 2007 to , the average annual rate of growth in terms of volume in Russia totaled +%. The remaining producing countries recorded the following average annual rates of production growth: Ukraine (+% per year) and Poland (+% per year).
The size of the chicken egg market in Eastern Europe amounted to $ in , therefore, remained relatively stable 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). Over the period under review, consumption saw a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the market value increased by % y-o-y. The level of consumption peaked at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
In Russia, chicken egg consumption expanded at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: Ukraine (+% per year) and Poland (-% per year).
In value terms, Russia ($) led the market, alone. The second position in the ranking was occupied by Ukraine ($). It was followed by Hungary.
From 2007 to , the average annual rate of growth in terms of value in Russia totaled -%. The remaining consuming countries recorded the following average annual rates of market growth: Ukraine (-% per year) and Hungary (-% per year).
The countries with the highest levels of chicken egg per capita consumption in were Ukraine ( kg per person), Russia ( kg per person) and Belarus ( kg per person).
From 2007 to , the most notable rate of growth in terms of chicken egg per capita consumption, amongst the main consuming countries, was attained by Russia, while chicken egg per capita consumption for the other leaders experienced more modest paces of growth.