Market for Egg, Excluding Hen Egg in Turkey
Market Overview
In 
, the Turkish egg, excluding hen egg market decreased by -% to $, falling for the fourth year in a row after two years of growth. Overall, consumption showed a abrupt decrease. Over the period under review, the market attained the peak level at $ in 2018; however, from 2019 to , consumption remained at a lower figure.
In value terms, egg, excluding hen egg production stood at less than $ in estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with a decrease of % against the previous year. Over the period under review, production hit record highs at $ in 2012; however, from 2013 to , production stood at a somewhat lower figure.
, the Turkish egg, excluding hen egg market decreased by -% to $, falling for the fourth year in a row after two years of growth. Overall, consumption showed a abrupt decrease. Over the period under review, the market attained the peak level at $ in 2018; however, from 2019 to , consumption remained at a lower figure.In value terms, egg, excluding hen egg production stood at less than $
in estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with a decrease of % against the previous year. Over the period under review, production hit record highs at $ in 2012; however, from 2013 to , production stood at a somewhat lower figure.Consumption
In , consumption of eggs, excluding hen eggs decreased by -% to tons, falling for the fourth consecutive year after two years of growth. In general, consumption recorded a deep reduction. Over the period under review, consumption attained the peak volume at tons in 2018; however, from 2019 to , consumption remained at a lower figure.
The revenue of the egg, excluding hen egg market in Turkey reduced rapidly to $ in , with a decrease 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 saw a deep contraction. Over the period under review, the market reached the peak level at $ in 2018; however, from 2019 to , consumption failed to regain momentum.
, consumption of eggs, excluding hen eggs decreased by -% to tons, falling for the fourth consecutive year after two years of growth. In general, consumption recorded a deep reduction. Over the period under review, consumption attained the peak volume at tons in 2018; however, from 2019 to , consumption remained at a lower figure.The revenue of the egg, excluding hen egg market in Turkey reduced rapidly to $
in , with a decrease 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 saw a deep contraction. Over the period under review, the market reached the peak level at $ in 2018; however, from 2019 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for egg, excluding hen egg in Turkey, the market is expected to continue its downward consumption trend over the next eight-year period. 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 Turkey consists almost entirely of imported products. The growth in the share of Turkey imports of in the egg, excluding hen egg market structure from % in 2012 to % in is explained by a more substantial reduction in output, compared with a decrease in imports. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.
% in 2012 to % in is explained by a more substantial reduction in output, compared with a decrease in imports. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.Trade Balance
Turkey 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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