Market for Egg, Excluding Hen Egg in Spain
Market Overview
In 
, the Spanish egg, excluding hen egg market increased by % to $, rising for the second year in a row after three years of decline. In general, consumption enjoyed resilient growth. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market remained at a somewhat lower figure.
In value terms, egg, excluding hen egg production totaled $ in estimated in export price. In general, production, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level at $ in 2012; however, from 2013 to , production failed to regain momentum.
, the Spanish egg, excluding hen egg market increased by % to $, rising for the second year in a row after three years of decline. In general, consumption enjoyed resilient growth. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market remained at a somewhat lower figure.In value terms, egg, excluding hen egg production totaled $
in estimated in export price. In general, production, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level at $ in 2012; however, from 2013 to , production failed to regain momentum.Consumption
In , consumption of eggs, excluding hen eggs increased by % to tons, rising for the second consecutive year after two years of decline. In general, consumption posted strong growth. Over the period under review, consumption attained the maximum volume at tons in 2018; however, from 2019 to , consumption remained at a lower figure.
The size of the egg, excluding hen egg market in Spain reached $ in , with an increase of % 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). Overall, consumption showed a prominent expansion. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market failed to regain momentum.
, consumption of eggs, excluding hen eggs increased by % to tons, rising for the second consecutive year after two years of decline. In general, consumption posted strong growth. Over the period under review, consumption attained the maximum volume at tons in 2018; however, from 2019 to , consumption remained at a lower figure.The size of the egg, excluding hen egg market in Spain reached $
in , with an increase of % 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). Overall, consumption showed a prominent expansion. As a result, consumption attained the peak level of $. From 2018 to , the growth of the market failed to regain momentum.Market Forecast
Driven by increasing demand for eggs, excluding hen eggs in Spain, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, 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 .Trade Balance
Spain remains a net exporter of egg, excluding hen egg; in physical and value terms, exports consistently exceeded imports from 2012 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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