Chicken Egg Market in Russia
Market Overview
The Russian chicken egg market dropped to $
in , stabilizing at 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, however, continues to indicate a mild shrinkage. As a result, consumption attained the peak level of $. From 2014 to , the growth of the market remained at a somewhat lower figure.
In value terms, chicken egg production declined slightly to $ in estimated in export price. Over the period under review, production, however, saw a mild downturn. The pace of growth appeared the most rapid in 2013 when the production volume increased by %. As a result, production attained the peak level of $. From 2014 to , production growth remained at a lower figure.
in , stabilizing at 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, however, continues to indicate a mild shrinkage. As a result, consumption attained the peak level of $. From 2014 to , the growth of the market remained at a somewhat lower figure.In value terms, chicken egg production declined slightly to $
in estimated in export price. Over the period under review, production, however, saw a mild downturn. The pace of growth appeared the most rapid in 2013 when the production volume increased by %. As a result, production attained the peak level of $. From 2014 to , production growth remained at a lower figure.Consumption
In , after two years of decline, there was growth in consumption of chicken eggs, when its volume increased by % to tons. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, consumption hit record highs at tons in 2019; however, from to , consumption failed to regain momentum.
The value of the chicken egg market in Russia reduced modestly 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). In general, consumption, however, recorded a slight curtailment. As a result, consumption reached the peak level of $. From 2014 to , the growth of the market remained at a somewhat lower figure.
, after two years of decline, there was growth in consumption of chicken eggs, when its volume increased by % to tons. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, consumption hit record highs at tons in 2019; however, from to , consumption failed to regain momentum.The value of the chicken egg market in Russia reduced modestly 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). In general, consumption, however, recorded a slight curtailment. As a result, consumption reached the peak level of $. From 2014 to , the growth of the market remained at a somewhat lower figure.Market Forecast
Driven by increasing demand for chicken eggs in Russia, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, the share of imports in terms of total chicken egg consumption in Russia was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Russia chicken egg market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
% figure. In value terms the share of imports also stood at a low figure, which means that the Russia chicken egg market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Russia remains a net importer of chicken egg; in physical and value terms, imports consistently exceeded exports from 2012 to . In , there was a significant trade deficit of tons, which was equal to $.
. In , there was a significant trade deficit of tons, which was equal to $.
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