The latest global data shows a continuous growth in egg production worldwide, with a 3.5% growth from 2018 to 2019. This is in line with the average yearly increase of 3.3% over the last 10 years.
Asia is witnessing the greatest rate of production growth, with China retaining its position as the largest egg producer, dominating at just under 35% of the world’s total production. Furthermore, China’s production continues to grow, at a yearly rate of around 2%.
IEC Economic Analyst, Peter van Horne, highlights that Indonesia has also seen rapid growth in recent years. Advancing from rank 9 to rank 4 of the top producing countries worldwide between 2017 and 2019, the Southeast Asian country now holds a 6% share of the world’s egg production.
The latest figures from the European Commission show that the European Union (EU) egg production market remains generally stable, with import and export destinations staying largely unchanged from year to year. Although, France and Germany are increasing their production.
Outside Europe, production is also predominantly stable, with the exception of the US, which experienced a small decrease between 2019 and 2020, and India, which continues to rapidly increase its production.
Latest insights in global egg consumption
Figures from the IEC’s annual statistics show that egg consumption within the EU has seen a decrease as a result of the COVID-19 pandemic, which is most notable in France and Spain. However, Italy’s egg consumption has increased.
Much of the egg consumption outside Europe remains stable, with Mexico (379 per capita) and Japan (340 per capita) continuing to have very high annual consumption rates. However, Peter notes that Argentina has experienced a very distinct surge in consumption in recent years, with the IEC annual statistics data suggesting an increase of 32 eggs per capita per year between 2016 and 2020.
As an introduction to the upcoming return of the IEC Country Insights webinar series, Peter van Horne has recorded a member-exclusive overview of the global egg industry trends and developments for the year 2020.
As well as analysing the latest egg production and consumption figures, Peter highlights housing system trends and movements in layer feed pricing. Watch his overview video for more global egg industry insights.