Review article
Current State and Future Prospects of the Egg Sector – an International Outlook
László Szőllősi
orcid.org/0000-0003-3571-1382
; University of Debrecen, Faculty of Economics and Business, Institute of Applied Economics Sciences, Department of Farm Business Management and Corporate Planning, Debrecen
Abstract
The aim of this study is to present and analyse the global and EU egg sector, its main trends and main factors of influence. The study used industry analysis as a market assessment tool. The data and information needed were provided by secondary sources: sectoral reports, articles, and international databases. Data processing was performed using descriptive statistics and time series analysis. Egg production and consumption have developed dynamically over the last 10 years both globally and in the European Union. This trend is projected to continue over the next decade. Self-sufficiency in the EU-28 is between 102% and 104%, which poses a serious challenge to the EU egg sector, especially considering that, due to the related EU regulations, the unit cost of eggs and egg products and their selling prices are relatively higher in the EU than in competing countries. Table egg production in the EU is highly concentrated regionally and it is projected to further increase. The proportion of different housing technologies within the EU has changed significantly over the last decade. In 2019, more than half of the hen population was already kept in non-cage housing, and the proportion of these systems is expected to increase in the future. Recently, the egg industry has been facing a challenge, as several international retail chains are planning to cease the sale of cage-based eggs by 2025 and the implementation of such measures causes market disruptions similar to the 2012 technology change.
Keywords
production, consumption, trade, housing technology, competitiveness, trends
Hrčak ID:
259587
URI
Publication date:
29.6.2021.
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