Market for Egg, Excluding Hen Egg in Greece
Market Overview
In 
, the Greek egg, excluding hen egg market increased by % to $ for the first time since 2017, thus ending a four-year declining trend. Overall, consumption saw modest growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
, the Greek egg, excluding hen egg market increased by % to $ for the first time since 2017, thus ending a four-year declining trend. Overall, consumption saw modest growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.Consumption
In , consumption of eggs, excluding hen eggs was finally on the rise to reach tons after four years of decline. Overall, consumption, however, continues to indicate a mild decline. Egg, excluding hen egg consumption peaked at tons in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.
The size of the egg, excluding hen egg market in Greece soared to $ in , surging 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 modest increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
, consumption of eggs, excluding hen eggs was finally on the rise to reach tons after four years of decline. Overall, consumption, however, continues to indicate a mild decline. Egg, excluding hen egg consumption peaked at tons in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.The size of the egg, excluding hen egg market in Greece soared to $
in , surging 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 modest increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.Market Forecast
Depressed by shrinking demand for egg, excluding hen egg in Greece, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract 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 depress the market volume to tons by the end of .In value terms, the market is forecast to contract 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
Egg, excluding hen egg market in Greece consists almost entirely of imported products.
Trade Balance
Greece remains a net importer of egg, excluding hen 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 $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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