Chicken Egg Market in the United Kingdom
Market Overview
The UK chicken egg market totaled $
in , increasing 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). The market value increased at an average annual rate of +% from 2012 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Chicken egg consumption peaked at $ in 2015; however, from 2016 to , consumption remained at a lower figure.
In value terms, chicken egg production soared to $ in estimated in export price. In general, production, however, recorded a notable increase. The most prominent rate of growth was recorded in when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2015; however, from 2016 to , production failed to regain momentum.
in , increasing 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). The market value increased at an average annual rate of +% from 2012 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Chicken egg consumption peaked at $ in 2015; however, from 2016 to , consumption remained at a lower figure.In value terms, chicken egg production soared to $
in estimated in export price. In general, production, however, recorded a notable increase. The most prominent rate of growth was recorded in when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2015; however, from 2016 to , production failed to regain momentum.Consumption
In , the amount of chicken eggs consumed in the UK shrank slightly to tons, approximately reflecting . The total consumption volume increased at an average annual rate of +% over the period from 2012 to ; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, consumption hit record highs at tons in 2019; however, from to , consumption remained at a lower figure.
The value of the chicken egg market in the UK rose modestly to $ in , increasing 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). The market value increased at an average annual rate of +% from 2012 to ; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Chicken egg consumption peaked at $ in 2015; however, from 2016 to , consumption failed to regain momentum.
, the amount of chicken eggs consumed in the UK shrank slightly to tons, approximately reflecting . The total consumption volume increased at an average annual rate of +% over the period from 2012 to ; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, consumption hit record highs at tons in 2019; however, from to , consumption remained at a lower figure.The value of the chicken egg market in the UK rose modestly to $
in , increasing 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). The market value increased at an average annual rate of +% from 2012 to ; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Chicken egg consumption peaked at $ in 2015; however, from 2016 to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for chicken eggs in the UK, 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 the UK 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 the UK 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 the UK 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
The UK remains a net exporter of chicken egg; in physical and value terms, exports consistently exceeded imports from 2012 to . In , there was a trade surplus of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade surplus of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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