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Egg Exports

08/07/2021

Export of Shell Eggs and Products, January-June 2021.

USDA-FAS data collated by USAPEEC, reflecting export volume and values for shell eggs and egg products are shown in the table below comparing January-June 2021 with the corresponding months in 2020:-

PRODUCT

Jan.-June 2020

Jan.-June 2021

Difference

Shell Eggs

Volume (m. dozen)

65.0

98.6

+33.6 (+51.7%)

Value ($ million)

59.2

99.5

+40.3 (+68.1%)

Unit Value ($/dozen)

0.91

1.01

+10.0 (+11.0%)

Egg Products

Volume (metric tons)

20,078

18,397

-1,681 (-8.4%)

Value ($ million)

53.4

54.8

+1.4 (+2.6%)

Unit Value ($/metric ton)

2,659

2,978

+319 (+12.0%)

 

U.S. SHELL EGG AND EGG PRODUCT EXPORTS DURING JANUARY-JUNE 2021 COMPARED WITH 2020

Source USDA-FAS/USAPEEC

 

SHELL EGGS

Shell egg exports from the U.S. during January-June 2021 increased by 51.7 percent in volume and 68.1 percent in total value compared to the corresponding months in 2020. Unit value was 10.0 cents higher to $1.01 per dozen for the comparison between 2020 and 2021. The top two importers, Hong Kong and Mexico combined, represented 56.6 percent of volume and 47.2 percent of total value.

Mexico was the leading importer of shell eggs during January-June 2021 with 29.3 million dozen representing 29.7 percent of volume and 23.6 percent of total value corresponding to a unit value of $0.80 per dozen. Prospects for additional sales will depend on continued acceptance of washed, white-shelled eggs held under refrigeration for retail sale, first announced in September 2018 but implemented in late 2019. For January-June 2021 imports of shell eggs by Mexico increased by 27.4 percent in volume and also 39.1 percent in value compared January-June 2020. During June export volume declined 29.8 percent from May 2021. During June, Mexico fell to 2nd rank among importers receiving 4.0 million dozen valued at $3.0 million.

 

Hong Kong was the second-ranked importer of shell eggs in January-June 2021, with 26.5 million dozen representing 26.8 percent of volume and 23.6 percent of the $99.5 million total value of U.S. shipments of shell eggs. Average unit value was $0.89 cents per dozen, similar to the average prevailing nest-run USDA benchmark price during January-June 2021.

 

South Korea was the 3rd-ranked importer receiving 15.1 million dozen during February-June with 2.7 million dozen in February, 1.6 million dozen in both March and April, 5.1 million dozen in May 2021 but declining to 3.4 million dozen in June. The value for the five months was $19.9 million with a unit price of $1.32 per dozen. Importation of U.S. eggs was necessitated by severe losses in laying flocks due to H5N8 avian influenza. Flocks are being restored with an anticipated decline in requirements.

 

Canada was 4th-ranked with increased imports of shell eggs during the first six months of 2021 to 12.9 million dozen up 108.0 percent from 6.2 million dozen during the corresponding period in 2020 impacted by COVID. Value attained $13.7 million, 39.8 percent more than in January-June 2020 with a unit price of $1.06 per dozen. During June Canada imported only 1.0 million dozen shell eggs. Canada imports shell eggs from the U.S to supplement domestic supply that is constrained by the national managed production program.

 

The Middle East Region imported 4.4 million dozen during January-June 2021 valued at $34.2 million with a unit price of $0.95 per dozen. Volume in 2021 was 8.3 percent lower than in January-June 2020. Southern E.U. nations in addition to India, Poland and the Ukraine have a competitive advantage in this market limited only by outbreaks of avian influenza, antibiotic residues and SE.

The Caribbean Region represented 4.3 percent of export volume and 5.3 percent of value for January-June 2021. The unit value of shell eggs exports to the Caribbean apparently averaged $1.26 per dozen, ($1.22 during 2020). This is disproportionately high compared with the average export realization, most probably because a proportion of shell eggs enumerated may have been either fertile hatching eggs or enriched specialty eggs.

 

EGG PRODUCTS

The total volume of exported egg products during January-June 2021 decreased by 8.4 percent to 18,397 metric tons compared to 2020. Total value of $54.8 million was higher by 2.6 percent compared to January-June 2020. Unit value increased by 12.0 percent to $2,978 per ton from $2,659 recorded for January-June 2020. This fluctuation reflects the relationship between World supply and demand with Ukraine and India as significant exporters. During June 2021 the U.S. exported 3,294 metric tons of egg products valued at $9.4 million with a unit price of $2,853 per metric ton. Shipments in June were 21.4 percent higher than in May 2021 and 10.8 percent higher than June 2020

 

Japan was the leading importer over the past six months based on a value of $20.9 million and a volume of 6,141 metric tons that represented 33.4 percent of the total U.S. exports of egg products, an increase of 32.0 percent compared with the first half of 2020. The high unit value of $3,403 per metric ton compares with the average value for all U.S. exports of $2,978 or $2,766 excluding Japan. The discrepancy in unit price reflects the product mix. With conclusion of a bilateral trade agreement the U.S. will no longer be at a competitive disadvantage with respect to the E.U. In June 2021 Japan was higher in volume by 10.2 percent to 1,319 metric tons compared to June 2020 and 37.1 percent higher than in May 2021.

 

Canada was the 2nd in rank among importers, purchasing 3,328 metric tons over the first half of 2021 comprising 18.1 percent of volume and 13.9 percent of value with a low unit price of $2,284 per metric ton. During January-June 2021 Canada increased volume by 2.4 percent and value by 15.2 percent compared to January-June 2020 reflecting restoration of the institutional and food service sectors. In June Canada reduced volume by 52.1 percent over May 2021 to 1.0 metric ton.

 

Mexico was the 3rd-ranked importer based on value during January-June 2021. Mexico received a volume of 3,455 metric tons comprising 18.7 percent of export volume and 13.9 percent of value with a unit price of $2,112 per metric ton. Mexico reduced volume over the six-month period compared to 2020 by 45.3 percent. In June Mexico was 4th ranked with shipments of 435 metric tons, 11.0 percent less than in June 2020.

 

South Korea ranked 4th, imported 2,762 metric tons of egg products over January-June 2021 up 201.9 percent from 2020 due to a decline in domestic supply as flocks were depleted due to avian influenza. In June 2021 South Korea was the 3rd largest importer with 499 metric tons valued at $1.2 million but down 10.9 percent from May 2021.

 

Notable changes during January-June 2021 included an 80.5 percent decrease in exports to the UK+EU to 244 metric tons representing 1.3 percent of volume valued at $4.0 million at a unit price of $1,639 per metric ton. There were apparently no shipments to the E.U.+U.K in June 2021.

 

COMMENTS

Successful conclusion of negotiations to replace NAFTA led to the trilateral USMCA, announced on September 30th 2018. The subsequently-modified agreement was ratified by the Parliament of Canada, 17 months after signing the basic trade pact and only after adoption by the U.S. Congress and the Senate of Mexico in late 2019. Exports of shell eggs and egg products to our neighbors were valued at $74.7 million in 2017, $89.7 million in 2018 and $80.8 million in 2019. During the first six months of 2021 the value of shell eggs and egg products attained $52.1 million or 33.7 percent of combined export value.

 

In addition to landed cost, logistics and availability prospects for long-term exports of shell eggs will be limited by disease considerations. Exports will be dependent on the willingness of importers to accept the World Organization for Animal Health (OIE) principle of regionalization in the event of outbreaks of exotic Newcastle disease or isolation of either H5 or H7 avian influenza (AI), irrespective of pathogenicity. Most importing nations are now applying regionalization and permitting imports on a county or state-exclusion basis following H5 or H7 AI infection.

 

Generally pasteurized egg products should not be subject to any embargo imposed following reports of AI or Newcastle disease in a region.