Updated Feb 7, 2023 22:54

Birds Egg Market in the United Kingdom

Market Overview
The UK birds egg market reached $ in , growing 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). The market value increased at an average annual rate of +% over the period from 2012 to ; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Birds egg consumption peaked at $ in 2015; however, from 2016 to , consumption remained at a lower figure.

In value terms, birds egg production soared to $ in estimated in export price. In general, production, however, showed pronounced growth. The most prominent rate of growth was recorded in when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in 2015; however, from 2016 to , production failed to regain momentum.


Consumption
In , consumption of birds eggs in the UK shrank slightly to tons, which is down by -% on figures. The total consumption volume increased at an average annual rate of +% over the period from 2012 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of %. Birds egg consumption peaked at tons in 2019; however, from to , consumption failed to regain momentum.

The size of the birds egg market in the UK was estimated at $ in , rising 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). The market value increased at an average annual rate of +% from 2012 to ; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market hit record highs at $ in 2015; however, from 2016 to , consumption remained at a lower figure.


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 growth rate of the volume of chicken eggs consumptions totaled +%.

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 rate of growth in terms of the value of chicken eggs markets amounted to +%.


Market Forecast
Driven by increasing demand for birds eggs in the UK, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, 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, the share of imports in terms of total birds egg consumption in the UK was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the the UK birds egg market is largely supplied by domestic manufacturers. 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.


Trade Balance
The UK remains a net importer of birds egg; in physical and value terms, imports consistently exceeded exports from 2012 to . In , there was a trade deficit of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.