Explore the decline in US wholesale egg prices, market dynamics, and the outlook for major egg producers like Cal-Maine Foods and Vital Farms.

In 2024, the retail price for a dozen eggs in the United States was 4.15 U.S. dollars. Egg prices in the United States peaked in this year. Previously, the highest average price was in 2015, when a dozen eggs cost 2.75 U.S. dollars on average. U.S. egg production The United States was one of the leading producers of eggs in the world in 2021, ranking fourth behind China, India, and Indonesia. In that year, approximately 110.7 billion eggs were produced in the United States. There are two main categories that farm chickens fall into: broiler chickens and laying hens. The first are raised for meat and the second are raised for laying eggs. The U.S. state with the most laying hens is Iowa, with about 40.2 million in 2022. Some of the other top egg producing states include Ohio, Indiana, and Pennsylvania. Egg retail in the United States Perhaps because eggs are uniform in taste and appearance and most consumers cannot tell one brand of chicken egg apart from another, private label eggs have the highest sales among fresh egg brands in the United States. Eggland’s Best is the leading name brand of fresh eggs in the United States, with sales of 274.55 million U.S. dollars in 2023. The amount that U.S. consumer units spend on eggs varies from region to region. In 2021, consumers in the Western United States spent an average of about 107 U.S. dollars on eggs over the course of the year. The Midwestern United States had the lowest average expenditure on eggs in that year.

Egg prices in the U.S. have dropped over 61% since Trump took office, influenced by increased imports and market changes.

The article discusses the anticipated reduction in U.S. egg prices due to diminishing bird flu effects and explores the broader global trade dynamics impacting egg pricing.

US egg prices fell in April after reaching record highs due to bird flu, marking the first decline since October 2024.

U.S. egg prices reach a record $6.23 per dozen, driven by factors beyond bird flu outbreaks, impacting consumers and businesses despite a drop in wholesale prices.

The average retail price for one dozen, or 12, eggs in Canada was 4.66 Canadian dollars in October 2024. The Canadian egg market Canada produces an increasing number of eggs each year. In 2019, around 586 metric tons were produced nationwide, an increase of over 20 percent in volume since 2010. This production is, however, not distributed evenly across the country. Ontario is home to the most egg producers by a large margin, Alberta and Quebec come in distant second and third places. As a result, out of all the provinces, Ontario produced the largest volume of eggs in 2019 at around 303 million dozen. Canada is also active in the international egg trade. In 2019, they exported around 429 million U.S. dollars’ worth of the product and imported approximately 672 million U.S. dollars’ worth.

In 2024, the Omani chicken egg market increased by 12% to $107M, rising for the second year in a row after two years of decline. In general, consumption, however, continues to indicate a prominent increase. Over the period under review, the market attained the maximum level at $114M in 2020; however, from 2021 to 2024, consumption failed to regain momentum.

In 2024, the U.S. birds egg market decreased by -23.3% to $10.4B, falling for the second consecutive year after two years of growth. Overall, the total consumption indicated a measured expansion from 2012 to 2024: its value increased at an average annual rate of +2.3% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -24.1% against 2022 indices.

The U.S. egg, excluding hen egg market reduced sharply to $18M in 2024, with a decrease of -50.9% against the previous year. Overall, consumption saw a pronounced slump. As a result, consumption attained the peak level of $37M, and then dropped remarkably in the following year.

The global egg boiler/cooker market is experiencing robust growth, driven by increasing consumer demand for convenient and healthy cooking solutions. The market's Compound Annual Growth Rate (CAGR) exceeding 5% reflects a consistent upward trajectory, projected to continue through 2033. This growth is fueled by several key factors. Firstly, the rising popularity of quick and easy breakfast options, particularly among busy professionals and young families, is significantly boosting demand. Secondly, health-conscious consumers are increasingly seeking healthier cooking methods, with egg boiling being a popular choice due to its low-fat and nutritious nature. Finally, technological advancements, leading to the introduction of innovative features such as automatic shut-off and multiple-egg capacity in both mechanical and microcomputer controlled models, are enhancing product appeal. The market segmentation reveals a strong presence across residential and commercial sectors, with multi-branded stores and online channels leading the distribution landscape. While specialty stores contribute, online sales are witnessing faster growth reflecting evolving consumer purchase preferences. Brands like Kent, Sunbeam, and Philips are key players in this market, leveraging their established reputations for quality and reliability. The North American and European markets currently dominate, though the Asia-Pacific region presents significant future growth potential, driven by rapid urbanization and rising disposable incomes. The market's restraints primarily relate to the relatively low price point of egg boilers, potentially limiting significant profit margins for manufacturers. However, the continued innovation in features and design, targeting consumer preferences for convenience and sophisticated technology, can offset this to some extent. Future growth will likely be influenced by the success of brands in effectively marketing their products to diverse consumer segments and capitalizing on the rising trend towards healthier eating habits. A deeper understanding of regional consumer preferences will be crucial for manufacturers seeking to optimize their product offerings and achieve sustained market penetration. Furthermore, the expanding online retail sector presents opportunities for wider reach and increased sales, especially for brands proficient in digital marketing and e-commerce strategies. Recent developments include: October 2022: Dash, the healthy-living kitchen brand, took its world-renowned partnership with celebrity chef, restaurateur, and host, Geoffrey Zakarian, to the next level with the launch of the new Zakarian by Dash brand. This new cookware collection highlighted top-quality products and industry-leading innovations., January 2022: Dash released the Rise by Dash collection, an all-new line of kitchen essentials launched with Walmart in the U.S. and Canadian Tire in Canada.. Key drivers for this market are: Increase in Restaurants and Food Chains globally, Rise in the share of people opting for vegan and vegetarian foods. Potential restraints include: Rise in price of electric appliances globally, Rising inflation decreasing the purchasing power. Notable trends are: Commercial Segment Held The Largest Market Share in 2022.

In 2023, supplies from abroad of chicken eggs increased by 33% to 29K tons for the first time since 2020, thus ending a two-year declining trend.

In January 2023, the chicken egg price stood at $3,740 per ton (FOB, Netherlands), declining by -11.6% against the previous month.

The South Asian non-chicken table egg market fell to $293M in 2024, which is down by -5.3% against the previous year. The total consumption indicated a perceptible increase from 2012 to 2024: its value increased at an average annual rate of +4.7% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +5.9% against 2022 indices.

The Ghanian table egg market dropped slightly to $50M in 2024, flattening at the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $51M in 2020; however, from 2021 to 2024, consumption remained at a lower figure.

The Brazilian non-chicken table egg market contracted modestly to $50M in 2024, declining by -3.3% against the previous year. In general, consumption, however, recorded modest growth. Non-chicken table egg consumption peaked at $76M in 2014; however, from 2015 to 2024, consumption stood at a somewhat lower figure.

The Algerian non-chicken table egg market dropped to $78K in 2024, falling by -12.9% against the previous year. Overall, consumption, however, showed significant growth. Over the period under review, the market reached the maximum level at $142K in 2018; however, from 2019 to 2024, consumption remained at a lower figure.

The Australian table egg market dropped modestly to $746M in 2024, which is down by -2% against the previous year. Overall, consumption, however, showed modest growth. Over the period under review, the market hit record highs at $840M in 2018; however, from 2019 to 2024, consumption failed to regain momentum.

The New Zealand chicken table egg market reduced modestly to $273M in 2024, dropping by -4.6% against the previous year. Over the period under review, the total consumption indicated perceptible growth from 2012 to 2024: its value increased at an average annual rate of +2.0% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +5.4% against 2022 indices.

The MENA's chicken egg market fell modestly to $8.4B in 2024, dropping by -1.6% against the previous year. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked at $9B in 2019; however, from 2020 to 2024, consumption failed to regain momentum.