Liquid eggs market in Latin America and the Caribbean

Earlier Report Observations

The market volume for liquid eggs in Latin America and the Caribbean increased from 106.5 thousand tons in 2018 to 111.5 thousand tons in 2019, primarily driven by rising per capita egg consumption in Brazil. This growth was fueled by an improving economy and higher consumer confidence, which boosted overall demand. Concurrently, production expanded in northeastern Brazilian states due to favorable sanitary conditions and increased income, supporting the market's upward trajectory.

The COVID-19 pandemic in 2020 introduced volatility, affecting supply chains and demand patterns, which led to price increases and a slight stabilization of market volume around 110.7 thousand tons. In the following years, Brazilian exports of liquid and processed eggs surged dramatically, with an 81.5% rise in 2021 and a record 168.1% jump in 2023. This export boom was enabled by the country's robust avian health status, including freedom from avian influenza, which diverted a portion of growing domestic production to international markets, tempering the rise in local market volume.

Technological innovations in liquid egg processing improved product stability and convenience, broadening applications in the food industry. International investments, such as the expansion of ISE Food Inc. in India and Cal-Maine Foods' focus on cage-free production, signaled growing industry commitment. Alongside rising demand across Latin America due to urbanization and shifting consumer preferences toward hygienic, convenient options, these factors helped maintain market volume near 112 thousand tons through 2022, before a modest decline to 111.2 thousand tons in 2023 as strong exports and higher domestic prices, driven by increased production costs and internal demand, balanced the market.

Production liquid eggs in Latin America and the Caribbean

In kind, 2017-2020, K t

Top producers of liquid eggs, 2017-2020

World map of production of liquid eggs, 2017-2020

Liquid egg production in Latin America and the Caribbean has grown for the third year in a row. In 2020, the region produced 109.7 thousand tons of liquid eggs, marking a modest increase of 3.7% compared to the previous year. Looking at the period from 2017 to 2020, production rose by 28.6%, which translates to an annualized growth rate of 8.7%.

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

Exports liquid eggs from Latin America and the Caribbean

Exports in kind, t

Liquid egg exports from Latin America and the Caribbean have increased for the second consecutive year. In 2020, exports reached 1,895 tons, up 0.8% from the previous year. Over the 2017-2020 period, exports grew by 6.8%, with a compound annual growth rate (CAGR) of 2.2%. The lowest export volume was recorded in 2018 at 1,457 tons, which also saw the largest decline of 17.9%. In contrast, the largest increase occurred in 2019, with a jump of 29.0%.

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

From 2017 to 2020, the export partner landscape for liquid eggs was quite diverse. The top three destinations—the United Arab Emirates (14.8% of exports), Saudi Arabia (11.7%), and Japan (9.3%)—collectively accounted for only 35.8% of total flows. The remaining 64.2% was distributed among numerous other countries.

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 liquid eggs worth 4,266 thousand US dollars, reflecting a modest rise of 4.0% compared to 2019. Over the 2017-2020 period, export value increased by 7.6%, with a CAGR of 2.5%. The peak value was recorded in 2018 at 5,837 thousand US dollars, which also saw the largest increase of 47.2%. The largest decline occurred in 2019, with a drop of 29.7%.

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

Between 2017 and 2020, the export partner portfolio for liquid eggs in value terms was broad. The United Arab Emirates (11.9% of export value), Saudi Arabia (8.3%), and Japan (7.4%) together represented just 27.6% of total flows, indicating a wide distribution across other markets.

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 liquid eggs to Latin America and the Caribbean

Imports in kind, t

In 2020, liquid egg imports into Latin America and the Caribbean totaled 2,825 tons, a sharp decrease of 62.8% from the previous year. Over the 2017-2020 period, imports fell by 62.8%, with a CAGR of -28.1%. The largest increase was recorded in 2019, with a rise of 21.1%.

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

From 2017 to 2020, the United States dominated the import structure for liquid eggs in kind, holding a 74.3% share of total flows. Other markets contributed relatively modest shares.

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

After two years of growth, liquid egg imports into Latin America and the Caribbean declined. In 2020, the region imported liquid eggs worth 9,652 thousand US dollars, a steep drop of 57.8% from 2019. Between 2017 and 2020, imports decreased by 48.2%, equating to an annualized decline of 19.7%. The highest import value was recorded in 2019 at 22,885 thousand US dollars, which also saw the largest increase of 15.0%.

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

Throughout 2017-2020, the United States clearly dominated liquid egg imports in value terms to Latin America and the Caribbean, accounting for 70.1% of total flows. Other countries each held significantly smaller shares.

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