Eggs Prices

Eggs Prices, Trends & Forecasts | Provided by Procurement Resource

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A rounded or elliptical-shaped natural object consists of a chalky shell with a translucent membrane, a transparent liquid filling the space within, and a yellow center called a yolk. The Eggshell comprises calcium, carbonate, magnesium carbonate, calcium phosphate, and organic matter. The white transparent liquid, also known as egg white, contains around 63-65% of the egg. It contains natural elements such as water, protein, riboflavin, chlorine, niacin, potassium, magnesium, sodium, sulfur, and 40 proteins. The egg yolk contains proteins, vitamins A, b12, B6, fats, amino acids, iron, selenium, and phosphorous.

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It is a perfect food source with high biological value, protein, and a good ratio of unsaturated fatty acids to that of saturated fatty acid. It is a great energy source to provide all essential nutrients to maintain a healthy diet. Its emulsifying, binding, thickening, and glazing properties are the primary features used for various commercial applications, empowering its demands in the global market.

The United States, the Netherlands, and Germany are the key importing countries for Eggs. On the other hand, China, India, and Germany are the primary exporting countries for the same.

Key Details About the Eggs Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Eggs price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Eggs Price chart, including India Eggs price, USA Eggs price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

  1. Seasonal Variations: Egg prices often exhibit seasonal fluctuations, with demand patterns shifting in response to factors such as holidays, festivals, and weather conditions. For instance, demand typically surges during festive seasons and holidays characterized by increased consumption of baked goods and confectionery items, consequently exerting upward pressure on prices.
  2. Feed Costs: The cost of poultry feed, primarily composed of grains such as corn and soybean meal, constitutes a significant portion of egg production expenses. Fluctuations in feed prices, influenced by factors like weather events, crop yields, and global commodity markets, directly impact production costs and, subsequently, egg prices.
  3. Health Trends and Dietary Preferences: Changing consumer preferences and health trends, such as increased awareness of protein-rich diets and concerns about cholesterol levels, influence demand for eggs. Shifts towards healthier eating habits or dietary fads can alter consumption patterns and affect egg prices accordingly.
  4. Regulatory Factors: Regulatory policies governing poultry farming practices, food safety standards, and animal welfare regulations can impact egg production costs and supply chain logistics. Compliance with stringent regulations may entail additional expenses for producers, which can translate into higher prices for consumers.
  5. Market Competition and Supply Chain Dynamics: The competitive landscape within the egg industry, including the presence of large-scale commercial egg producers, small-scale farmers, and specialty egg suppliers, influences market dynamics and pricing trends. Additionally, factors such as transportation costs, storage facilities, and distribution networks contribute to the overall cost structure and pricing of eggs.

Industrial Uses Impacting Eggs Price Trend:

  1. Food Processing: Eggs serve as vital ingredients in the food processing industry, contributing to the formulation of an array of products, including baked goods, confectionery items, pasta, and sauces. The unique functional properties of eggs, such as emulsification, foaming, and binding, make them indispensable in food manufacturing processes. Fluctuations in demand from food processors, influenced by consumer preferences, seasonal variations, and economic factors, significantly impact egg prices.
  2. Pharmaceuticals: Eggs play a crucial role in the pharmaceutical industry, particularly in the production of vaccines and biologics. Chicken eggs are commonly used as bioreactors for the cultivation of viruses used in vaccine manufacturing. Any disruptions in the egg supply chain, such as disease outbreaks or regulatory constraints, can exert upward pressure on egg prices due to increased demand from pharmaceutical companies.
  3. Cosmetics and Personal Care: Egg-derived ingredients, such as egg yolk extracts and eggshell membranes, are prized for their skincare benefits and are incorporated into various cosmetic and personal care products. These ingredients offer moisturizing, firming, and anti-aging properties, driving demand from cosmetic manufacturers. Changes in consumer preferences towards natural and sustainable ingredients further influence the demand for egg-based cosmetics, consequently impacting egg prices.

Key Players:

  • Vital Farms
  • Cal-Maine Foods Inc
  • Rose Acre Farms
  • Rembrandt Enterprises
  • Michael Foods, Inc
  • Maple Meadow Farm, Inc

News & Recent Development

  • Date: June 13, 2023- Inflation has been seen in the monthly prices of Eggs in the last 72 years since January 1951. A recent study concluded that the cost of a dozen Eggs dropped around 13.8% in May 2023.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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