Egg Exports

07/08/2022

Export of Shell Eggs and Products, January-May 2022

 

USDA-FAS data collated by USAPEEC, reflecting export volume and values for shell eggs and egg products are shown in the table below comparing the first five months of 2021 with 2022:-

 

    PRODUCT

     Jan.-May 2021  

    Jan.-May 2022

      Difference

Shell Eggs

 

 

 

Volume (m. dozen)

          81.8

         35.0

   -46.8      (-57.2%)

Value ($ million)

          83.1

         54.5

   -28.6      (-34.4%)

Unit Value ($/dozen)

          1.02

         1.56

  +0.54      (+52.9%)

Egg Products

 

 

 

Volume (metric tons)

      15,103

     11,906

 -3,917       (-21.2%)

Value ($ million)

          45.3

         53.6

   +8.3       (+18.3%)

Unit Value ($/metric ton)

        2,999

       4,502

+1,503      (+50.1%)

                             

                         U.S. EXPORTS OF SHELL EGG AND EGG PRODUCTS DURING

                                               JANUARY-MAY 2022 COMPARED WITH 2021

               

SHELL EGGS

 

Shell egg exports from the U.S. during the five months of 2022 decreased by 57.2 percent in volume and 34.4 percent in total value compared to 2021. Unit value was 54.0 cents higher to $1.56 per dozen in 2022 compared to January-May 2021. The top two importers, were Canada (33.7 percent of volume) and Hong Kong (31.1 percent), collectively representing 64.9 percent of volume and 63.7 percent of total value.

 

During May the volume of shell egg exports declined 84.9 percent from May 2021 to 3.0 million dozen. Value declined 74.2 percent to $5.3 million attributed to high domestic price and reduced availability as a result of depopulation of 31.4 million hens due to HPAI.

Canada was the leading importer of U.S. shell eggs during the first five months of 2022. The 11.8 million dozen shipped represented 33.7 percent of volume and 40.6 percent of value with a unit price of $1.87 per dozen. During May 2022 imports of shell eggs were down to 0.2 million dozen valued at $0.3 million.

 

Hong Kong was the second-ranked importer of shell eggs in January-May 2022, with 10.9 million dozen representing 31.1 percent of volume and 23.2 percent of the $54.5 million total value of U.S. shipments of shell eggs.

 

Average unit value was $1.16 per dozen, below the average prevailing nest-run USDA benchmark price of $1.69* during the first five months of 2022. During May, Hong Kong imported 0.8 million dozen shell eggs valued at $1.0 million down 85.2 percent in volume and down 80.4 percent in value from May 2021 at a unit price of $1.25 per dozen.

 

During 2021 Hong Kong imported 53.8 million dozen valued at $48.2 million.

 

Mexico was the third-ranked importer of shell eggs during January-May 2022 with 3.4 million dozen representing 9.7 percent of volume and 5.0 percent of total value corresponding to a unit value of $1.06 per dozen, 37.2 percent below the U.S. benchmark average of $1.69 per dozen for the five months. During May 2022 Mexico imported a negligible quantity of shell eggs based on U.S. price and availability. For 2021 Mexico was second-ranked in shell egg exports receiving 52.2 million dozen valued at $41.9 million.

 

For January-May 2022 the remaining nations or regions of importance were the E.U. (1.0 million dozen); the Caribbean (2.1 million dozen) and the Middle East (1.0 million dozen) and other nations that collectively received 1.1 million dozen valued at $1.7 million with a unit price of $1.55 cents per dozen.

 

* USDA Benchmark unit prices: January, $1.05 per dozen; February, $1.35, March $1.58, April $2.36 and May $2.09.

 

EGG PRODUCTS

 

The total volume of exported egg products during January-May 2022 decreased by 21.2 percent to 11,906 metric tons compared to the corresponding months in 2021. Total value of $53.6 million was higher by 18.3 percent compared to the first five months of 2021. Unit value increased by 50.1 percent to $4,502 per ton, up from the $2,999 received during January-May 2021.

 

In May 2022 the U.S. exported 1,809 metric tons, down 33.3 percent in volume and 1.0 percent in value compared to May 2021. The difference in unit price reflects composition of exports and the relationship between World supply and demand with Ukraine now restrained in production and India as a significant exporter during the month. During 2021 the U.S. exported 35,068 metric tons of egg products valued at $109.1 million with a unit price of $3,108 per metric ton.

 

 Japan was the leading importer for January-May 2022 based on a value of $17.5 million and a volume of 3,942 metric tons that represented 33.1 percent of the total U.S. exports of egg products, a decrease of 18.2 percent compared with January-May 2021. The high unit value of $4,439 per metric ton compares with the average value for all U.S. exports of egg products with a unit value of $4,501 or $4,532 excluding Japan. The discrepancy in unit price reflects the product mix. With conclusion of a bilateral trade agreement the U.S. is no longer at a competitive disadvantage with respect to the E.U. In 2021 Japan imported 11,796 metric tons of egg products from the U.S., 31.6 percent more than in 2020.

 

Canada was second in rank by volume and value among importers, purchasing 3,314 metric tons in January-May 2022 comprising 27.8 percent of volume and 19.2 percent of value with a unit price of $3,108 per metric ton. During May 2022 Canada was the third-ranked importer by volume receiving 305 metric tons representing 16.9 percent of volume and 13.2 percent of value. Volume was 15.0 percent lower but value was 18.2 percent higher than in May 2021. This reflected restoration of the institutional and food service sectors in our northern neighbor.

 

For the first five months of 2022 South Korea ranked 3rd among importers by volume with 1,465 metric tons of egg products down 35.2 percent from January-May 2021 due to domestic demand despite onset of production by replacement flocks after HPAI depletion. During May South Korea was not among the top six importers. In 2021 South Korea imported 5,140 metric tons valued at $513.3 million up 133.3 percent from 2020.

 

Mexico was 4th ranked as an importer of egg products over the first five months of 2022 receiving 996 tons from the U.S. representing 8.4 percent of volume and 7.1 percent of value with a unit price of $3,815 per metric ton. Volume and value for the first five months of 2022 were down respectively 67.0 percent and 39.7 percent. During May 2022 Mexico was not among the top six importers.

 

COMMENTS

 

Exports of shell eggs and egg products to our USMCA neighbors were valued at $80.8 million in 2019 and $76.9 million in 2020. During 2021 the value of shell eggs and egg products attained $101.8 million or 32.7 percent of combined export value. January-May 2022 exports attained $45.9 million in 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 (WOAH=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 from commercial flocks. Most importing nations are now applying regionalization and permitting imports on a zonal, county or state-exclusion basis following H5 or H7 AI infection. Canada and the U.S. operate according to a 2018 bilateral agreement to maintain trade in the event of outbreaks of catastrophic exotic diseases including HPAI and END.

 

With the ongoing and intensifying conflict in Ukraine, egg liquid exports from that Nation will decline sharply in the intermediate term but availability will constrain exports.

 

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










































































































































































































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