Updated Feb 7, 2023 20:30

Birds Egg Market in Finland

Market Overview
The Finnish birds egg market declined to $ in , dropping 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, the total consumption indicated a modest expansion from 2012 to : its value increased at an average annual rate of +% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. As a result, consumption attained the peak level of $. From to , the growth of the market remained at a somewhat lower figure.

In value terms, birds egg production reduced dramatically to $ in estimated in export price. Overall, production saw a tangible increase. The pace of growth appeared the most rapid in 2019 with an increase of %. As a result, production reached the peak level of $. From to , production growth remained at a lower figure.


Consumption
In , consumption of birds eggs decreased by -% to tons, falling for the second year in a row after two years of growth. The total consumption volume increased at an average annual rate of +% from 2012 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, consumption hit record highs at tons in ; however, from to , consumption failed to regain momentum.

The value of the birds egg market in Finland dropped 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). In general, the total consumption indicated a modest expansion from 2012 to : its value increased at an average annual rate of +% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption decreased by -% against 2019 indices. As a result, consumption attained the peak level of $. From to , the growth of the market failed to regain momentum.


Consumption by Type
Chicken eggs ( tons) constituted the product with the largest volume of consumption, comprising approx. % of total volume. It was followed by eggs, excluding hen eggs ( tons), with a % share of total consumption.

From 2012 to , the average annual rate of growth in terms of the volume of chicken eggs consumptions was relatively modest.

In value terms, chicken eggs ($) led the market, alone. The second position in the ranking was held by eggs, excluding hen eggs ($).

From 2012 to , the average annual growth rate of the value of chicken eggs markets amounted to +%.


Market Forecast
Driven by increasing demand for birds eggs in Finland, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, 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 .


Market Structure
Over the period under review, imports of birds egg in Finland were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for birds egg.


Trade Balance
Finland remains a net exporter of birds 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.