EU Market Situation
for
Eggs
Committee for the
Common Organisation
of the Agricultural
Markets
23 October 2014
Experts EU production forecast on Eggs
7.500
Thousand Tons
2014
Egg for cons. +1,2%
6 597 Th T
Egg Total +1,4%
7 436 Th T
7.000
6.500
2015
Egg for cons. +1,0%
6 660 Th T
Egg Total +0,2%
7 447 Th T
6.000
5.500
5.000
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
DG AGRI C3
23 October 2014
Experts EU production forecast of Eggs for consumption
2014: 6 596.7 Th T ( + 1.2 %) & 2015: 6 659.5 Th T ( + 0.5 %)
1 000
2012
FR : 2.9%
2013
2014
2015
DE :
0.6%
ES :
8.5%
Qty in 1000 tonnes
800
IT :
1.3%
NL :
0.6%
UK :
2.8%
600
400
RO :
0.0%
FI :
1.5%
HU : 3.7%
200
BG :
2.4%
PT :
0.0%
DK :
0.0%
IE :
0.0%
SK :
0.3%
0
BE BG CZ DK DE EE EL ES FR IE
DG AGRI C3
IT
CY LV LT HU MT NL AT PL PT RO SI SK FI
23 October 2014
SE UK
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%)
FR : 2.7%
1 000
2014
2015
2015
ES :
0.0%
DE :
0.6%
Qty in 1000 tonnes
2013
800
NL :
0.5%
IT :
1.2%
UK :
2.8%
600
400
200
RO :
0.0%
BG :
2.2%
PT :
0.0%
HU : 2.9%
DK :
0.0%
FI :
1.5%
SK :
0.4%
IE :
0.0%
0
BE BG CZ
DG AGRI C3
DK DE
EE
EL
ES
FR
IE
IT
CY
LV
LT
HU MT
NL
AT
PL
PT
RO
SI
SK
FI
23 October 2014
SE
UK
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
Qty in 1000 tonnes
300
200
FR :
0.0%
100
DE :
0.0%
IT :
0.0%
BG :
0.0%
DK :
0.0%
UK :
2.9%
NL :
0.0%
IE :
0.0%
HU :
2.4%
SK :
1.4%
PT :
0.0%
RO :
0.0%
FI :
0.0%
0
BE BG CZ DK DE EE EL ES FR IE
DG AGRI C3
IT CY LV LT HU MT NL AT PL PT RO SI SK FI SE UK
23 October 2014
Evolution of the weekly EU
average price for Class A eggs in packing stations
€uro/ 100kg
185
165
145
125
105
85
1
4
7
10
13
Moy.09-13
DG AGRI C3
16
19
22
2011
25
28
31
2012
34
37
40
2013
43
46
49
52
2014
23 October 2014
Placings of Laying chicks (1 000 pieces)
compared to the baseline trend
(base line= monthly avg 2010 - 2013)
37.500
1.000 p.
30.000
22.500
15.000
7.500
0
|
2013
2014
Jan.
26.225
23 910
2010
Feb.
23.042
23 841
March
26.777
29 431
|
April
27.539
27 033
2011
May
26.832
24 590
Pla cings Laying Hens
DG AGRI C3
|
June
25.923
23 879
2012
July
24.550
18 785
|
Aug.
20.098
13 949
2013
Sept.
23.553
|
Oct.
22.822
2014
Nov.
20.108
|
Dec.
21.000
(baseline= monthly avg 2010 - 2013) - laying chicks
23 October 2014
Production forecast of eggs in shell (Mio p).
compared to the price development
9.000
160
7.500
120
4.500
80
3.000
Price €uro/100kg
Mio p.
6.000
40
1.500
0
0
|
2013
2014
Jan.
7.519
7 262
DG AGRI C3
2010
Feb.
7.497
7 234
|
March
7.474
7 219
2011
April
7.458
7 147
|
May
7.443
6 971
2012
June
7.529
7 122
Forecast Producti on Eggs
|
July
7.446
7 088
2013
Aug.
7.420
7 112
|
Sep.
7.424
7 208
Price Eggs
2014
Oct.
7.442
7 143
|
Nov.
7.412
7 188
Dec.
7.238
23 October 2014
Egg prices of EU, USA, Brazil and India
in €uro/ 100kg
190,00
165,00
133,01
140,00
115,00
129,26
90,00
104,27
65,00
69,93
40,00
|
10
|
11
|
12
|
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
13
|
14
|
EU egg
US egg €uro
BR Egg €uro
IN NECC €uro
23 October 2014
Prices of Eggs for consumption and Eggs for breaking
2011 - 2014
€uro/ 100kg
200,00
160,00
120,00
80,00
40,00
0,00
|
DG AGRI C3
2011
|
2012
|
2013
|
2014
Eggs for Consumption
US breaking (high)
EU Barn cage free breaking (high)
EU Enriched cage breaking (high)
23 October 2014
|
Maximum weekly prices for individual egg products
in the EU and the USA in €/10kg
240,0
200,0
€/10 kg
160,0
120,0
80,0
40,0
0,0
1 5
|
DG AGRI C3
9 13 17 21 25 29 33 37 41 45 49 1 5
2012
|
9 13 17 21 25 29 33 37 41 45 49 1 5
2013
|
9 13 17 21 25 29 33 37 41 45 49 1
2014
|
whole plain EU
Yolk EU
Albumen Spray EU
whole plain US
Yolk US
Albumen Spray US
23 October 2014
Prices of Egg products in the EU and the USA
(in €/10 kg)
€/10 kg
400,0
300,0
200,0
100,0
0,0
|
DG AGRI C3
2012
|
2013
|
2014
Yolk 44% pasturised EU
Yolk 11% salted EU
Yolk 43% pasturised USA
Yolk 10% salted USA
|
23 October 2014
Margin between Feed cost and Egg price in
Egg production
marge
180
Marge 2009 - 2013
feed
Euro/ 100kg
150
egg
120
90
60
30
0
04 05 06 07 08 09 10
DG AGRI C3
11
12
13
ja
fe mr ap ma jn
jl
au se
oc no de
23 October 2014
100KG Egg minus feedcost for Laying Hens
feedconversionrate = 2,7(2009) - 2,2(2014)
Remainder €uro/ 100kg
120
100
80
60
40
20
0
1
3
5
7
Marge Average
09 - 13
DG AGRI C3
9
11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53
Marge Egg 2011
Marge Egg 2012
Marge Egg 2013
Marge Egg 2014
23 October 2014
EU Imports of Eggs:
Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs
2010
tonnes
2011
%
tonnes
2012
%
tonnes
2013
%
tonnes
Jan-Aug 14
%
tonnes
%
Compared
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
% change
DG AGRI C3
34.244
20.806
37.729
20.454
8.037
- 39%
+ 81%
- 46%
- 47,1%
23 October 2014
EU Egg Imports
Total EU Import of Eggs - not incl. Hatching eggs
(Tonnes eggs equiv)
27.848
30.000
4.662
25.000
Total EU Import of Eggs - not incl. Hatching eggs
(1000 EUR)
32.655
35.000
4.196
30.000
25.000
22.208
20.000
20.000
15.204
15.000
1.467
13.375
15.000
181
8.037
132
11.846
12.102
2.376
1.603
2.218
3.566
Jan-Aug 12
Jan-Aug 13
Jan-Aug 14
USA
Argentina
DG AGRI C3
Norway
Switzerland
10.000
8.123
5.000
5.370
India
18.603
10.000
0
Other destinations
5.000
2.157
2.594
3.316
Jan-Aug 12
Jan-Aug 13
Jan-Aug 14
India
USA
Argentina
Norway
Switzerland
0
Other destinations
23 October 2014
Main Importers of EGGS Products (up to August)
Source : GTA & Eurostat
(excl. Eggs for hatching)
Singapore (up to Jul)
Japan
Switzerland
40
20
0
2013 (up to August)
DG AGRI C3
2014 (up to August)
23 October 2014
Qty in 1000 Tonnes
60
Mexico (up to Jul)
China + H. Kong
Japan
Switzerland
Mexico (up to Jul)
Singapore (up to Jul)
China + H. Kong
80
EU Exports of Eggs:
Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs
2010
tonnes
2011
%
tonnes
2012
%
tonnes
2013
%
tonnes
Jan-Aug 14
%
tonnes
Compared
%
to Jan-Aug 13
Japan
52.923
29%
66.357
31%
66.938
36%
64.527
30%
51.763
36%
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%
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%
Iraq
EXTRA EU 28
% change
DG AGRI C3
181.719
217.105
185.793
214.617
145.738
+ 19%
- 14%
+ 16%
+ 8,4%
+ 30,5%
23 October 2014
EU Egg Exports
Total EU Export of Eggs
not incl. hatching eggs (1000 EUR)
Total EU Export of Eggs
not incl. hatching eggs (T. eggs equiv.)
145.738
134.400
50.130
120.000
176.715
166.949
140.000
124.502
35.351
160.000
180.000
160.000
142.974
63.635
59.464
48.877
100.000
43.973
25.467
27.622
44.845
51.763
39.661
8.601
36.267
60.000
40.000
20.000
41.059
46.387
Japan
Switzerland
DG AGRI C3
Jan-Aug 13
Angola
Iraq
Jan-Aug 14
Russia
Other origins
100.000
80.000
60.000
40.000
37.549
40.972
Jan-Aug 12
Jan-Aug 13
56.363
20.000
0
0
Jan-Aug 12
140.000
120.000
80.000
27.686
200.000
Japan
Switzerland
Angola
Jan-Aug 14
Iraq
Russia
Other origins
23 October 2014
EU-27/28 Exports of selected EGGS products
(including Hatching eggs)
30.000
in Tonnes egg equiv.
25.000
20.000
15.000
10.000
5.000
0
|
Jan
06
2006
|
Jan
07
2007
|
Jan
08
FRESH
DG AGRI C3
2008
|
Jan
09
Albumin
2009
|
Jan
10
2010
|
Jan
11
Not In Shell
2011
|
Jan
12
Yolk
2012
|
Jan
13
2013
|
Jan
14
2014
Haching
23 October 2014
EU Egg Trade Balance
(not including Hatching eggs)
275
in 1000 Tonnes
IMPORTS
EXPORTS
250
231
217
209
201
205
198
191
186
198
225
215
202
187
200
186
182
175
167
164
150
144
146 150
142
125
100
69
75
39
18
10
23
30
27
18
17
16
25
30
45
30
23
50
38
34
21
20
25
8
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 JanAug
14
DG AGRI C3
23 October 2014
Main Exporters of EGGS Products (up to August)
(excl. Eggs for hatching)
Source : GTA & Eurostat
Malaysia (up to Jul)
China + H. Kong
EU
120
80
40
0
2013 (up to Au gust)
DG AGRI C3
2014 (up to Au gust)
23 October 2014
Qty in 1000 Tonnes (pw)
United States
Turkey
Malaysia (up to Jul)
China + H. Kong
EU
Turkey
United States
160