Dried eggs market in Latin America and the Caribbean

Earlier Report Observations

The dried eggs market in Latin America and the Caribbean started the period at 17 571 tonnes in 2018, supported by growing demand for convenient and long-lasting food products, as well as rising health and fitness awareness among consumers. Production increases in Argentina and Brazil, along with product differentiation in Mexico, contributed to market expansion. The following year, however, saw the market volume decline to 15 719 tonnes.

The COVID-19 pandemic in 2020 altered consumption patterns, boosting demand for ready-to-cook and shelf-stable items like dried eggs, which helped lift the market back to 17 472 tonnes. This trend continued into 2021, with urbanization and busy lifestyles driving further growth to 17 751 tonnes, aided by investments in processing technology across the region. The market then contracted to 17 132 tonnes in 2022 and stabilized at 16 907 tonnes in 2023. During this phase, the industry faced stricter food-safety and clean-label regulations, while avian flu outbreaks prompted a restructuring of layer flocks.

Throughout the period, consumer preferences shifted towards differentiated products such as organic and enriched dried eggs, particularly in Mexico and Brazil, reflecting a broader trend for health-oriented foods.

Production dried eggs in Latin America and the Caribbean

In kind, 2017-2020, t

Top producers of dried eggs, 2017-2020

World map of production of dried eggs, 2017-2020

Latin America and the Caribbean saw dried egg production rise for the third year in a row. In 2020, the region produced 16 383 tonnes of dried eggs, marking a modest 4.2% increase compared to the previous year. From 2017 to 2020, production grew by 20.2%, with an average annual growth rate of 6.3%.

Annual dynamics of production in Latin America and the Caribbean in kind, 2017-2020, t

Exports dried eggs from Latin America and the Caribbean

Exports in kind, t

The market displayed volatility during the observed period. Export volumes fluctuated significantly, with a 2.2-fold difference between the low in 2018 and the high in 2017. In 2020, dried egg exports from Latin America and the Caribbean totaled 1 434 tonnes, representing a 36.9% decrease year-over-year. The lowest volume was recorded in 2018 at 1 152 tonnes. The sharpest decline occurred in 2018, falling by 55.2%, while the largest increase was in 2019, rising by 97.2%.

Annual dynamics of product's exports from Latin America and the Caribbean in kind, 2017-2020, t

From 2017 to 2020, dried egg exports from Latin America and the Caribbean were not concentrated in a few key markets. Japan accounted for 7.4% of exports in kind, Russia for 5.3%, and Denmark for 4.7%, with these three countries together making up only 17.5% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Latin America and the Caribbean in kind, 2017-2020

Exports in value, K $ US

In 2020, Latin America and the Caribbean exported 6 109 thousand US dollars worth of dried eggs, showing a sharp reduction of 33.1% compared to 2019. Over the period from 2017 to 2020, exports decreased by 48.2%, with an average annual decline of 19.7%. The largest drop was recorded in 2018 at 43.2%, while the biggest increase occurred in 2019, rising by 36.2%.

Annual dynamics of product's exports from Latin America and the Caribbean in value, 2017-2020, K $ US

Between 2017 and 2020, Japan, Russia, and South Africa were among the largest buyers of dried eggs from Latin America and the Caribbean in value terms, with shares of 7.4%, 5.3%, and 4.6% respectively. However, even combined, they represented just 17.2% of total export value, indicating a broadly diversified partner base.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Latin America and the Caribbean in value, 2017-2020

Imports dried eggs to Latin America and the Caribbean

Imports in kind, t

In 2020, Latin America and the Caribbean imported 2 524 tonnes of dried eggs, corresponding to an 11.2% increase over the previous year. From 2017 to 2020, imports rose by 15.1%, equating to an annualized growth rate of 4.8%. The highest volume was recorded in 2018 at 3 409 tonnes. The largest decline occurred in 2019, falling by 33.4%, while the biggest increase was in 2018, rising by 55.5%.

Annual dynamics of product's imports to Latin America and the Caribbean in kind, 2017-2020, t

During 2017–2020, the United States, Denmark, and Germany played notable but not dominant roles as suppliers of dried eggs to Latin America and the Caribbean. The United States accounted for 25.2% of imports in kind, Denmark for 9.8%, and Germany for 5.2%, with their combined share reaching only 40.3% of total imports.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Latin America and the Caribbean in kind, 2017-2020

Imports in value, K $ US

The market showed an unstable trend throughout the timeframe. Imports varied by 1.8-fold between the trough in 2017 and the peak in 2018. In 2020, dried egg imports into Latin America and the Caribbean amounted to 15 125 thousand US dollars, equivalent to a 16.8% improvement year-over-year. The maximum value was recorded in 2018 at 20 850 thousand US dollars. The largest decline occurred in 2019, falling by 37.9%, while the biggest increase was in 2018, rising by 80.4%.

Annual dynamics of product's imports to Latin America and the Caribbean in value, 2017-2020, K $ US

From 2017 to 2020, imports in value terms of dried eggs to Latin America and the Caribbean were spread relatively evenly. The United States accounted for 23.7% of imports in value terms, Denmark for 9.7%, and France for 5.0%, with these three countries jointly making up only 38.3% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Latin America and the Caribbean in value, 2017-2020