Egg export statistics for Q1
First quarter of 2010 sees 8% increase compared to 2009 Q1 stats
Combining data released by the Egg Industry Center and the U.S. Poultry and Egg Export Council derived from USDA-ERS and Department of Commerce figures, it is possible to quantify recent egg exports. For Q1 of 2010, 426,000 cases of shell eggs were exported with a value of $8.4 million representing an FOB price of 59¢ per dozen. This volume is an 8% increase over the corresponding Q1 of 2009. For the first quarter of this year, exports represented the equivalent of 2.08 million hens assuming 80% flock production. Effectively 0.7% of the output of the national flock is exported in shell form.
During the first quarter of 2010 export of egg products was equivalent to 1.1 million cases representing a 70% increase over the first quarter of 2009. The value of exports for the first quarter was $30.4 million which equates to an equivalent shell egg value of 84¢ per dozen from which yield loss and the cost of processing and handling must be subtracted.
Adjusting USAPEEC data to the first quarter of 2010, it is calculated that the FOB value of egg products exported was $2,958 per metric ton. The USAPEEC figures for the first 4 months of 2010 show a 6.5% decline in unit revenue compared to the corresponding 4 months of 2009 ($3,174 per metric ton).
For the first 4 months of 2010, Hong Kong and Canada combined represented 57.8% of shell egg exports. For the same period, Japan and Canada combined accounted for 45.8% of egg product shipped.