Market for Egg, Excluding Hen Egg in the United Kingdom
Market Overview
The UK egg, excluding hen egg market declined to $
in , approximately reflecting 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 recorded a abrupt decline. Over the period under review, the market hit record highs at $ in 2012; however, from 2013 to , consumption remained at a lower figure.
In value terms, egg, excluding hen egg production rose to $ in estimated in export price. In general, production, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2017 with an increase of %. Egg, excluding hen egg production peaked at $ in 2014; however, from 2015 to , production failed to regain momentum.
in , approximately reflecting 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 recorded a abrupt decline. Over the period under review, the market hit record highs at $ in 2012; however, from 2013 to , consumption remained at a lower figure.In value terms, egg, excluding hen egg production rose to $
in estimated in export price. In general, production, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2017 with an increase of %. Egg, excluding hen egg production peaked at $ in 2014; however, from 2015 to , production failed to regain momentum.Consumption
In , approx. tons of eggs, excluding hen eggs were consumed in the UK; which is down by -% compared with figures. In general, consumption recorded a perceptible contraction. Egg, excluding hen egg consumption peaked at tons in 2015; however, from 2016 to , consumption stood at a somewhat lower figure.
The size of the egg, excluding hen egg market in the UK contracted to $ in , standing approx. 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). Over the period under review, consumption showed a deep slump. Egg, excluding hen egg consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.
, approx. tons of eggs, excluding hen eggs were consumed in the UK; which is down by -% compared with figures. In general, consumption recorded a perceptible contraction. Egg, excluding hen egg consumption peaked at tons in 2015; however, from 2016 to , consumption stood at a somewhat lower figure.The size of the egg, excluding hen egg market in the UK contracted to $
in , standing approx. 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). Over the period under review, consumption showed a deep slump. Egg, excluding hen egg consumption peaked at $ in 2012; however, from 2013 to , consumption failed to regain momentum.Market Forecast
Depressed by shrinking demand for egg, excluding hen egg in the UK, 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
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. The growth in the share of the UK 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.
, 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. The growth in the share of the UK 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.Trade Balance
The UK 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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