MENA: Table Egg Market 2024

Table Egg Market Size in MENA

The MENA's table egg market contracted modestly to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Table Egg Production in MENA

In value terms, table egg production reduced dramatically to $X in 2022 estimated in export price. Overall, production, however, posted a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Table Egg Exports

Exports in MENA

In 2022, shipments abroad of table eggs decreased by X% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, exports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, table egg exports rose notably to $X in 2022. Overall, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey prevails in exports structure, recording X tons, which was approx. X% of total exports in 2022. The following exporters - Oman (X tons), Kuwait (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), Iran (X tons) and Jordan (X tons) - together made up X% of total exports.

Exports from Turkey decreased at an average annual rate of X% from 2012 to 2022. At the same time, Jordan (X%), Iran (X%), Oman (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Kuwait (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kuwait, Oman, Jordan and Iran increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest table egg supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with a X% share of total exports. It was followed by Kuwait, with a X% share.

In Turkey, table egg exports decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced mixed trends in the export price figures.

Table Egg Imports

Imports in MENA

After three years of decline, supplies from abroad of table eggs increased by X% to X tons in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, table egg imports rose remarkably to $X in 2022. Overall, imports, however, continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the largest importer of table eggs, generating X% of total imports. Oman (X tons) ranks second in terms of the total imports with a X% share, followed by Qatar (X%), Israel (X%), Iraq (X%), Syrian Arab Republic (X%) and Bahrain (X%).

From 2012 to 2022, average annual rates of growth with regard to table egg imports into the United Arab Emirates stood at X%. At the same time, Syrian Arab Republic (X%), Qatar (X%), Bahrain (X%), Israel (X%) and Oman (X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Iraq (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.), Qatar (X p.p.), Oman (X p.p.), Israel (X p.p.), Syrian Arab Republic (X p.p.) and Bahrain (X p.p.) significantly strengthened its position in terms of the total imports, while Iraq saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported table eggs in MENA, comprising X% of total imports. The second position in the ranking was taken by Qatar ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates amounted to X%. In the other countries, the average annual rates were as follows: Qatar (X% per year) and Oman (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, falling by X% against the previous year. Overall, the import price continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per ton), while Iraq ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :