Sunday, November 27, 2022
HomeCommodityThe place's your eggs at? - Thomas Elder Markets

The place’s your eggs at? – Thomas Elder Markets

The Element

There’s almost as many laying hens in Australia as there are folks, with Australian Eggs reporting a laying flock dimension of almost 22 million chooks as at June 2021. These hens pump out an estimated 6.3 billion eggs per yr with egg gross sales values on the grocery store reported at round A$1.1 billion within the 2021 monetary yr.

On a per capita foundation, Australians eat 249 eggs per yr (as of 2021), which at a mean particular person egg weight of  58 grams works out to about 14.4 kg of egg per individual annually. Certainly, Australians eat extra egg than sheep meat with Meat & Livestock Australia reporting lamb consumption at round 6.1 kg per individual each year.

The majority of Australian egg consumption is from home hen egg manufacturing. Nevertheless, there’s a commerce in eggs (from all birds) with the UN Comtrade WITS database reporting on imports and exports of eggs (out and in of shell) on an annual foundation. Over the past 5 years Australia has gone from being a internet exporter of eggs to a internet importer, on a price foundation.

In 2021 the worth of egg imports into Australia was recorded at $US11.4 million, in comparison with egg export values of $US 7.3 million.

Over the past 5 years the export commerce of eggs from Australia has been dominated by 5 locations, with 87% of the export commerce going to those areas. The Phillipines have held prime spot for Australian egg exports, based mostly on the five-year common commerce values, holding 27% of the commerce. In the meantime, Singapore and Hong Kong have been jostling for second and third place on the medal podium.

When it comes to egg imports into Australia, by worth, 75% of the commerce flows during the last 5 years have been from China, USA or European sources. China sits in prime spot and has accounted for simply over one fifth of the import of eggs into Australia, with the USA sitting in second place on 15% of the commerce. Denmark, Italy and the UK are battling out for the bronze medal at 13% of the commerce apiece.


Most Popular

Recent Comments