EU Market Situation for
Eggs
Committee for the Common Organisation
of the Agricultural Markets
23 October 2014
DG AGRI C3 23 October 2014 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Eggs for Consumption 6.998 6.851 6.740 6.657 6.675 6.450 6.417 6.429 6.278 6.521 6.597 6.660 Total Eggs 7.642 7.502 7.438 7.424 7.486 7.313 7.297 7.303 7.265 7.333 7.436 7.447 Hatching eggs 644 651 699 768 811 863 880 874 986,6 812,2 839,5 787,9
5.000 5.500 6.000 6.500 7.000 7.500
Thousand Tons
Experts EU production forecast on Eggs
2014
Egg for cons. +1,2%
6 597 Th T Egg Total +1,4%
7 436 Th T
2015
Egg for cons. +1,0%
6 660 Th T
Egg Total +0,2%
7 447 Th T
0 200 400 600 800 1 000
BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL AT PL PT RO SI SK FI SE UK
Q ty in 1 0 0 0 t o n n e s
Experts EU production forecast of Eggs for consumption
2014: 6 596.7 Th T ( + 1.2 %) & 2015: 6 659.5 Th T ( + 0.5 %)
2012 2013 2014 2015
DE : 0.6%
NL :
0.6% UK :
2.8%
HU : - 3.7%
FI : 1.5%
IT : 1.3%
FR : - 2.9%
SK : 0.3%
RO : 0.0%
PT : 0.0%
IE : 0.0%
DK : 0.0%
BG : 2.4%
ES : 8.5%
DG AGRI C3 23 October 2014 0
200 400 600 800 1 000
BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL AT PL PT RO SI SK FI SE UK
Q ty i n 1 0 0 0 t o n n e s
Experts EU production forecast of Total Eggs
(Eggs in shell + Hatching Eggs)
2014: 7 436.2 Th T ( + 1.4%) & 2015: 7 447.4 ThT ( + 0.2%)
2013 2014 2015 2015
DE : 0.6%
HU : - 2.9%
NL : 0.5%
FI : 1.5%
UK : 2.8%
IT : 1.2%
SK : 0.4%
RO : 0.0%
PT : 0.0%
IE : 0.0%
FR : - 2.7%
DK : 0.0%
BG : 2.2%
ES : 0.0%
0 100 200 300
BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL AT PL PT RO SI SK FI SE UK
Q ty i n 1 0 0 0 t o n n e s
Experts EU production forecast of Hatching Eggs
2014: 839.5 Th T ( +3.4 %) & 2015: 842.9 Th T ( + 0.4 %)
2012 2013 2014 2015
HU : 2.4%
UK : 2.9%
SK : 1.4%
RO : 0.0%
FI : 0.0%
PT : 0.0%
NL : 0.0%
IT : 0.0%
IE : 0.0%
FR : 0.0%
DE : 0.0%
DK : 0.0%
BG : 0.0%
85 105 125 145 165 185
1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52
€u ro / 1 00 kg
Evolution of the weekly EU
average price for Class A eggs in packing stations
Moy.09-13 2011 2012 2013 2014
DG AGRI C3 23 October 2014
DG AGRI C3 23 October 2014
0 7.500 15.000 22.500 30.000 37.500
| 2010 | 2011 | 2012 | 2013 | 2014 |
1.000 p.
Placings of Laying chicks (1 000 pieces) compared to the baseline trend
(base line= monthly avg 2010 - 2013)
Pla cings Laying Hens (ba seline= monthly avg 2010 - 201 3) - lay ing chicks
Jan. Feb. March April May June July Aug. Sept. Oct. Nov. Dec.
2013 26.225 23.042 26.777 27.539 26.832 25.923 24.550 20.098 23.553 22.822 20.108 21.000 2014 23 910 23 841 29 431 27 033 24 590 23 879 18 785 13 949
DG AGRI C3 23 October 2014 0 40 80 120 160
0 1.500 3.000 4.500 6.000 7.500 9.000
| 2010 | 2011 | 2012 | 2013 | 2014 |
Price €uro/100kg
Mio p.
Production forecast of eggs in shell (Mio p).
compared to the price development
Forecast Producti on Eggs Price Eggs
Jan. Feb. March April May June July Aug. Sep. Oct. Nov. Dec.
2013 7.519 7.497 7.474 7.458 7.443 7.529 7.446 7.420 7.424 7.442 7.412 7.238 2014 7 262 7 234 7 219 7 147 6 971 7 122 7 088 7 112 7 208 7 143 7 188
40,00 65,00 90,00 115,00 140,00 165,00 190,00
| 10 | 11 | 12 | 13 | 14 |
Egg prices of EU, USA, Brazil and India in €uro/ 100kg
EU egg US egg €uro BR Egg €uro IN NECC €uro
69,93
128,63 104,27 133,01
EU = weighted avg of MS prices Average class L&M US = weekly USDA prices Eggs grade A ,Chicago
BR = avg of prices in main producing states (noticiasagricolas.com.br)
IN = avg of NECC prices in available Production Centres (e2necc.com)
DG AGRI C3 23 October 2014 0,00
40,00 80,00 120,00 160,00 200,00
| 2011 | 2012 | 2013 | 2014 |
€u ro / 10 0k g
Prices of Eggs for consumption and Eggs for breaking 2011 - 2014
Eggs for Consumption US breaking (high)
EU Barn cage free breaking (high) EU Enriched cage breaking (high)
0,0 40,0 80,0 120,0 160,0 200,0 240,0
1
|
5 9 13 17 21 25 2012
29 33 37 41 45 49 1
|
5 9 13 17 21 25 2013
29 33 37 41 45 49 1
|
5 9 13 17 21 25 2014
29 33 37 41 45 49 1
|
€/ 10 k g
Maximum weekly prices for individual egg products in the EU and the USA in €/10kg
whole plain EU Yolk EU Albumen Spray EU
whole plain US Yolk US Albumen Spray US
DG AGRI C3 23 October 2014 0,0
100,0 200,0 300,0 400,0
| 2012 | 2013 | 2014 |
€/ 10 k g
Prices of Egg products in the EU and the USA (in €/10 kg)
Yolk 44% pasturised EU Yolk 11% salted EU
Yolk 43% pasturised USA Yolk 10% salted USA
DG AGRI C3 23 October 2014
0 30 60 90 120 150 180
04 05 06 07 08 09 10 11 12 13 ja fe mr ap ma jn jl au se oc no de
Eu ro / 10 0k g
Margin between Feed cost and Egg price in Egg production
marge
Marge 2009 - 2013 feed
egg
DG AGRI C3 23 October 2014
0
20 40 60 80 100 120
1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53
Remainder €uro/ 100kg
100KG Egg minus feedcost for Laying Hens feedconversionrate = 2,7 (2009) - 2,2 (2014 )
Marge Average 09 - 13
Marge Egg 2011 Marge Egg 2012 Marge Egg 2013 Marge Egg 2014
EU Imports of Eggs:
Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs
Compared
tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Aug 13
India 3.211 9,4% 1.554 7,5% 3.657 9,7% 3.856 18,9% 3.566 44,4% + 60,8%
USA 14.009 40,9% 5.960 28,6% 15.183 40,2% 6.853 33,5% 2.376 29,6% - 56%
Argentina 7.937 23,2% 8.115 39,0% 10.162 26,9% 5.734 28,0% 835 10,4% - 81%
Norw ay 1.722 5,0% 1.502 7,2% 1.474 3,9% 1.969 9,6% 798 9,9% - 46%
Sw itzerland 337 1,0% 342 1,6% 332 0,9% 355 1,7% 329 4,1% + 56%
Israel 941 2,7% 547 2,6% 1.393 3,7% 349 1,7% 100 1,2% - 55%
Others 6.087 0,2% 2.787 0,0% 5.528 0,0% 1.338 0,0% 32 0,4%
EXTRA EU 28 34.244 20.806 37.729 20.454 8.037
% change - 39% + 81% - 46% - 47,1%
2010 2011 2012 2013 Jan-Aug 14
DG AGRI C3 23 October 2014
EU Egg Imports
1.603 2.218 3.566
11.846
5.370 2.376
4.662
1.467
132
27.848
15.204
8.037
0 5.000 10.000 15.000 20.000 25.000 30.000
Jan-Aug 12 Jan-Aug 13 Jan-Aug 14
Total EU Import of Eggs - not incl. Hatching eggs
(Tonnes eggs equiv)
India USA Argentina Norway Switzerland Other destinations
2.157 2.594 3.316
18.603
12.102
8.123 4.196
181
32.655
22.208
13.375
0 5.000 10.000 15.000 20.000 25.000 30.000 35.000
Jan-Aug 12 Jan-Aug 13 Jan-Aug 14
Total EU Import of Eggs - not incl. Hatching eggs
(1000 EUR)
India USA Argentina Norway Switzerland Other destinations
China + H. Kong China + H. Kong
Si ng apo re (up to Jul ) Si ng apor e (up to Jul )
M exi co (up to Jul ) M ex ico (up to Ju l)
Sw itz er la nd Sw itz er la nd
Ja pa n Ja pa n
0 20 40 60 80
2013 (up to August) 2014 (up to August)
Q ty in 10 00 Ton ne s
Main Importers of EGGS Products (up to August)
Source : GTA & Eurostat (excl. Eggs for hatching)
DG AGRI C3 23 October 2014
EU Exports of Eggs:
Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs
Compared
tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Aug 13
Japan 52.923 29% 66.357 31% 66.938 36% 64.527 30% 51.763 36% + 30,5%
Sw itzerland 45.072 25% 42.168 19% 41.893 23% 42.086 20% 25.467 17% - 8%
U.A.Emirates 5.888 3% 8.262 4% 1.674 1% 10.450 5% 4.487 3% - 20%
Iraq 20 0% 1.552 1% 1.139 1% 7.741 4% 5.531 4% +++
Russia 5.293 3% 4.947 2% 5.982 3% 10.539 5% 4.773 3% - 33%
Angola 10.414 6% 17.524 8% 17.109 9% 12.906 6% 8.074 6% - 17%
Equat.Guinea 1.487 1% 1.945 1% 1.632 1% 2.215 1% 1.736 1% + 3%
Secr.Extra 2.164 1% 1.148 1% 2.638 1% 8.262 4% 2.267 2% - 52%
Israel 1.308 1% 2.654 1% 1.060 1% 936 0% 2.197 2% +++
Thailand 6.180 3% 7.254 3% 6.409 3% 5.919 3% 3.392 2% - 18%
Taiw an 7.145 4% 7.941 4% 4.626 2% 3.412 2% 1.823 1% - 31%
Others 43.825 24% 55.353 25% 34.694 19% 45.623 21% 34.229 23%
EXTRA EU 28 181.719 217.105 185.793 214.617 145.738
% change + 19% - 14% + 16% + 8,4%
2010 2011 2012 2013 Jan-Aug 14
EU Egg Exports
44.845 39.661 51.763
27.686
27.622
25.467 35.351 48.877
50.130
124.502
134.400
145.738
0 20.000 40.000 60.000 80.000 100.000 120.000 140.000 160.000
Jan-Aug 12 Jan-Aug 13 Jan-Aug 14
Total EU Export of Eggs
not incl. hatching eggs (T. eggs equiv.)
Japan Switzerland Angola Iraq Russia Other origins
37.549 40.972 56.363
41.059 46.387
36.267 8.601 43.973
59.464 63.635
142.974
166.949 176.715
0 20.000 40.000 60.000 80.000 100.000 120.000 140.000 160.000 180.000 200.000
Jan-Aug 12 Jan-Aug 13 Jan-Aug 14
Total EU Export of Eggs
not incl. hatching eggs (1000 EUR)
Japan Switzerland Angola Iraq Russia Other origins
DG AGRI C3 23 October 2014 0 5.000 10.000 15.000 20.000 25.000 30.000
| Jan
06
2006 | Jan
07
2007 | Jan
08
2008 | Jan
09
2009 | Jan
10
2010 | Jan
11
2011 | Jan
12
2012 | Jan
13
2013 | Jan
14
2014 in Tonnes egg equiv.
EU-27/28 Exports of selected EGGS products
(including Hatching eggs)
FRESH Albumin Not In Shell Yolk Haching
DG AGRI C3 23 October 2014
EU Egg Trade Balance (not including Hatching eggs)
10
18 23
18 17 27
16 30
69
25 30
39 45 23
30 34 21
38 20
8 144
164 186
209 231
201 205 191
142
198 198 202
167 187
150 182
217
186 215
146
0 25 50 75 100 125 150 175 200 225 250 275
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Jan- Aug
14 in 1000 Tonnes
IMPORTS EXPORTS
DG AGRI C3 23 October 2014
Turkey Turkey
Un ite d St at es Uni te d St at es
EU EU
Chi na + H . K ong Ch in a + H. K on g
M ala ys ia (up to Jul ) M ala ys ia (up to Jul )
0 40 80 120 160
2013 (up to Au gust) 2014 (up to Au gust)
Qt y i n 10 00 Ton ne s (pw )
Main Exporters of EGGS Products (up to August)
(excl. Eggs for hatching) Source : GTA & Eurostat
