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2120 final report.pdf - Agra CEAS Consulting

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APPENDIX 2: THIRD COUNTRIEStwo-thirds of the value of all U.S. egg and egg product exports. There is some variation amongproducts in terms of the leading market.In 2003, the EU-15 accounted for less than 10% of the value of U.S. exports of eggs and egg products.For the period 1990-2003, the leading egg products exported from the U.S. to the EU were wholedried eggs (30%), dried egg yolks (24%), and shell eggs (21%). The leading European destinations forU.S. eggs and egg products over this period were Germany (32%), Netherlands (21%), Belgium (20%),and the United Kingdom (18%).Table A2.46: Leading Markets for U.S. Exports of Eggs and Egg Products 2003Destination Value of exports (US $ million) Percent of total valueCanada 24.090 38%Japan 18.200 29%Hong Kong 8.326 13%European Union 5.614 9%Mexico 2.351 4%Korea 2.097 3%Singapore 1.140 2%All others 1.544 2%Total 63.362 100%Source: U.S. Bureau of the Census.The annual volume and value of U.S. exports for each of the major egg and egg product categoriesfor the period 1990-2003 can be found in the tables in Annex A. Information is provided for each ofthe 10 leading export markets (by value) in 2003 in addition to each of the EU-15 members acrossthe entire period.There are currently no significant egg imports in any form and there is no expectation that these willoccur in the foreseeable future.A2.4.4. Outlook for the US industryIn this <strong>final</strong> section, we briefly review some of the main issues confronting U.S. egg producers as theylook to the future.A2.4.4.1. Future expansionThe U.S. industry is at a particularly important crossroads regarding future expansion. Following thedrop in demand in the 1970s and 1980s, the U.S. egg industry downsized. However, as demandbegan to pick up in the 1990s, the industry reversed course and began expanding. In the late 1990s,the expansion accelerated. In every year from 1998 through 2001, the industry added 6 to 8 millionlayers to the national flock. While demand was growing, it was not growing that fast and industryprofits soon began to suffer. In 2002, producers added only about 1.5 million layers and in 2003reduced layer numbers by about 2 million birds.385

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