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The Asia Pacific chicken table egg market is projected to expand steadily. By 2035, volume is expected to reach 61 million tons, growing at a CAGR of 1.4%. In value terms, the market is forecast to rise at a faster pace, climbing 4.3% annually to USD 132.2 billion. This growth reflects rising demand for chicken table eggs across the region.
Recent trends
In its latest report, IndexBox notes that in 2024, consumption declined after 11 years of growth. Volumes fell 1.8% to 53 million tons, following a peak of 54 million tons in 2023.
Despite this dip, total consumption volume from 2013 to 2024 increased at an average annual rate of 3.2%. However, noticeable fluctuations were recorded in certain years.
Growth was strongest in 2017, when volumes rose 7.8%. Consumption volume peaked at 54 million tons in 2023 and then contracted modestly in the following year.
Market value in 2024 stood at USD 83.3 billion, nearly unchanged from the previous year. This figure represents the combined revenues of producers and importers. It excludes logistics, retail marketing, and retailer margins, which are reflected only in final consumer prices.
Over the past decade, value grew at an average annual rate of 2.9%, though fluctuations were evident. The sharpest increase came in 2021, when value rose 9.3%. Consumption value peaked at USD 84.5 billion in 2022, before easing slightly in subsequent years.
Quick facts
- China is the dominant producer and consumer, holding a 57% share of regional volume.
- Indonesia recorded the fastest per capita consumption growth among key countries.
- Thailand leads exports by volume, while Japan commands the highest export prices.
- Thailand and China had significant exports, while imports were concentrated in Hong Kong SAR and Singapore, with notable price disparities between import and export markets.
- Import prices are significantly higher than export prices, highlighting a value gap in trade flows.
Consumption by country
IndexBox reports that China remains the largest consumer, accounting for 30 million tons in 2024, or 57% of total volume. India ranked second with 7.6 million tons while Indonesia followed with 6.2 million tons, representing 12% of the market.
From 2013 to 2024, China’s consumption grew at an average annual rate of 1.9%. India expanded faster, at 6.5% per year, while Indonesia surged at 15.9% annually. Valuewise, China led with USD 51.6 billion, followed by India at USD 8.8 billion and Indonesia close behind.
In China, the market expanded at an average annual rate of 2.5% from 2013-2024. In the other countries, the average annual rates were as follows:
- India: 6.1% per year
- Indonesia: 14.0% per year
The countries with the highest levels of chicken table egg per capita consumption in 2024 were:
- Malaysia: 25 kg/person
- Indonesia: 22 kg/person
- China: 21 kg/person
From 2013 to 2024, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Indonesia (with a CAGR of 14.6%), while consumption for the other leaders experienced more modest growth.