eu market situation for eggs and poultry management committee 13 december 2012

EU Market Situation for Eggs and Poultry

Management Committee

13 December 2012

EU market situation for Eggs and Poultry Man Com 13 December 2012

150

160

170

180

190

200

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52

€uro

/ 100kg

Evolution of the weekly EUaverage price for Broiler

Avg 07 - 11 2009 2010 2011 2012


-6.0%

-1.0%

4.0%

9.0%

14.0%

19.0%

BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL ÖS PL PT RO SI SK SF SV UK EU

Percentual change of Broiler prices November 2012

- 1 year

- 1 month


50

150

250

350

450

Jan 10 April Juil Oct Jan-11 April Juil Oct Jan-12 April Juil Oct Jan-13

Euro

/ to

nne

Price of Basic Ingredients 2010 - 2012

Soft wheat (EU)

Barley (EU)

Maïs (EU)

Soja (CAF)

Hulls (EU)

Manioc (CAF)

C.G.F. (CAF)


120

150

180

210

| July | Aug | Sep | Oct | Nov | Dec |Jan 2012| Feb | Mrch | Apr | May | June | July | Aug | Sep | Oct | Nov | Dec |

€uro

/ To

nn

Futures for Feed wheat EU (Euronext) (Nearby = 2011 & 2012)

01 Nearby

2013 Jan

2013 Mar

2013 Nov

Delivery:


160

180

200

220

240

260

| July | Aug | Sep | Oct | Nov | Dec |Jan 2012| Feb | Mrt | Apr | May | Jun | July | Aug | Sep | Oct | Nov | Dec |

€/T

on

n

Futures for Maize EU (Euronext) (Nearby = 2011 - 2012)

01 Nearby

2013 Mar

2013 Nov

2014 Jan

Delivery:


1 100

1 200

1 300

1 400

1 500

1 600

1 700

| July | Aug. | Sept. | Oct. | Nov. | Dec. |Jan 2012| Feb | Mch | Apr | May | Jun | July | Aug. | Sept. | Oct. | Nov. | Dec. |

Futures for Soybeans in US$ct/ Bushel (nearby = 2011 & 2012)

01 Nearby

2013 Mar

2013 Jul

2013 Nov

Delivery:


0

50

100

150

200

250

300

350

400

| 2009 | 2010 | 2011 | 2012 | 2013 |

Eu

ro

/ T

(f

ee

d)

Eu

ro

/ 1

00

kg

(B

ro

ile

r)

Price development of Compound feed for Broilers, a Broiler Cereal-Feedmix and Broiler price

margin broiler/ comp feed (2.7)Cereal-mixCompound feedBroilerAvg. Margin 2007 - 2011

NB. Comp. Feed 2012 =Forecast as from November Cereal mix and Poultry 2012 = Forecast as from December


0

100 000

200 000

300 000

400 000

500 000

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |

Placings of Broiler chicks (1 000 pieces)compared to the baseline trend

(baseline = monthly avg 2006 - 2009)


0

150

300

450

600

750

0

150.000

300.000

450.000

600.000

750.000

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |

Re

alis

ed

sla

ug

hte

r in

1000 T

Forecast and Production of Broilers.In Tonn

Forecast Realised Poultry slaughter


-30,0%

0,0%

30,0%

60,0%

90,0%

1-99 100-2999 3000-9999 > 10000

Eurofarm Structure Survey 2010Change in Broilers and Holdings with Broilers

per Category in the EU (BE no data 2010)

% of animals in Category % change per category

change 2010/2007:Broilers: +10,7%Holdings: - 32,5%


Import of Poultry meat from selected origins

Compared

tonnes % tonnes % tonnes % tonnes % tonnes % to Jan-Oct 11

Brazil 679 469 76.3% 659 368 75.3% 581 391 72.4% 587 404 71.0% 465 998 67.6% - 6%

Thailand 146 882 16.5% 141 524 16.2% 149 682 18.6% 154 229 18.6% 150 774 21.9% + 16%

Chile 34 718 3.9% 39 022 4.5% 34 276 4.3% 44 306 5.4% 36 766 5.3% + 1%

China 15 0.0% 5 690 0.6% 9 997 1.2% 13 735 1.7% 12 607 1.8% + 11%

Argentina 20 416 2.3% 20 576 2.3% 15 760 2.0% 15 630 1.9% 11 136 1.6% - 13%

Israel 6 252 0.7% 5 470 0.6% 7 249 0.9% 7 084 0.9% 4 320 0.6% - 26%

Croatia 1 884 0.2% 2 295 0.3% 2 650 0.3% 2 714 0.3% 2 372 0.3% + 6%

USA 393 0.0% 386 0.0% 439 0.1% 99 0.0% 304 0.0% + 246%

Uruguay 109 0.0% 98 0.0% 2 0.0% 7 0.0% 36 0.0% + 442%

EXTRA EU 25/27 891 087 875 886 803 120 827 420 688 985

% change - 2% - 8% + 3% - 0.9%

2008 2009 2010 Jan-Oct 122011


0

10.000

20.000

30.000

40.000

50.000

60.000

70.000

80.000

90.000

100.000

|Jan06

2006 |Jan07

2007 |Jan08

2008 |Jan09

2009 |Jan10

2010 |Jan11

2011 |Jan12

in Tonnes cwe

Imports of selected Poultry products

FROZEN PREPARED SALTED OTHERS


EU Poultry meat Import

473 308 494 139 465 998

124 398130 507 150 774

5 911

656 941694 986 688 985

0

100 000

200 000

300 000

400 000

500 000

600 000

700 000

800 000

Jan-Oct 10 Jan-Oct 11 Jan-Oct 12

Tonnes cw

IMPORTS of Poultry Meat into EU (Tonnes cwe)

Brazil Thailand Israel Chile China Other destinations

936 652 1 055 353 983 458

497 259562 264 624 519

1 596 842

1 819 676 1 823 095

0

200 000

400 000

600 000

800 000

1 000 000

1 200 000

1 400 000

1 600 000

1 800 000

2 000 000


1000EUR

IMPORTS of Poultry Meat into EU (1000 EUR)

Brazil Thailand Israel Chile China Other destinations


Export of Poultry Meat to Selected Destinations

Compared


Saudi Arabia 95 132 9.7% 97 485 9.6% 118 020 9.3% 151 269 10.7% 122 916 10.4% - 2%

Hong Kong 58 669 6.0% 88 357 8.7% 151 559 12.0% 188 345 13.3% 103 096 8.7% - 37%

Benin 83 405 8.5% 84 912 8.4% 115 065 9.1% 126 022 8.9% 113 211 9.6% + 11%

South Africa 6 295 0.6% 7 938 0.8% 22 007 1.7% 94 163 6.7% 113 289 9.6% + 56%

Russia 230 113 23.4% 227 555 22.4% 245 478 19.4% 115 001 8.1% 91 992 7.8% - 4%

Ukraine 112 444 11.4% 89 314 8.8% 86 007 6.8% 81 736 5.8% 85 813 7.3% + 32%

Ghana 31 530 3.2% 28 694 2.8% 41 069 3.2% 68 896 4.9% 58 420 5.0% + 2%

Yemen 26 673 2.7% 36 331 3.6% 39 632 3.1% 37 970 2.7% 28 297 2.4% - 7%

Congo (Dem. Rep.) 21 386 2.2% 20 903 2.1% 27 749 2.2% 29 950 2.1% 25 442 2.2% + 2%

Switzerland 28 200 2.9% 28 111 2.8% 29 804 2.4% 29 330 2.1% 24 076 2.0% + 0%

Malaysia 17 888 1.8% 22 676 2.2% 25 899 2.0% 20 965 1.5% 20 200 1.7% + 31%

Vietnam 39 488 4.0% 39 971 3.9% 31 674 2.5% 29 086 2.1% 17 738 1.5% - 30%

Extra-EU27 982 286 1 015 784 1 265 183 1 411 142 1 180 075

% change + 3% + 25% + 12% + 1.3%

2008 2009 2010 Jan-Oct 122011


0

20.000

40.000

60.000

80.000

100.000

120.000

140.000

|Jan06

2006 |Jan07

2007 |Jan08

2008 |Jan09

2009 |Jan10

2010 |Jan11

2011 |Jan12

inTonnescwe

Exports of selected Poultry products

FROZEN PREPARED FRESH OTHERS


EU Poultry meat Export

117 792 162 890 103 096113 289

125 913 122 91692 943

102 433 113 211213 75695 878 91 992

489 215605 240 635 571

1 020 632

1 164 777 1 180 075

0

200 000

400 000

600 000

800 000

1 000 000

1 200 000

1 400 000


Tonn

es c

w

EU EXPORTS of Poultry Meat (Tonnes cwe)

Hong Kong South Africa Saudi ArabiaBenin Russia Other destinations *

* countries trading less than 86 000 Tons

109 276 143 747 122 115128 775

189 753 181 805101 715

124 278 153 399118 440

141 420

707 936

858 907947 801

1 269 893

1 503 240

1 675 316

0

200 000

400 000

600 000

800 000

1 000 000

1 200 000

1 400 000

1 600 000

1 800 000


1000

EU

R

EU EXPORTS of Poultry Meat (1000 EUR)

Hong Kong South Africa Saudi ArabiaBenin Russia Other destinations *

* countries trading less than 108 000 ('000 EUR)


50.00

75.00

100.00

125.00

150.00

175.00

200.00

08 | 09 | 10 | 11 | 12 |

Broiler prices in EU, USA and Brazilin €uro/ 100kg

EU broiler US broiler €uro BR Broil €uro/ (Ave world)


EU Poultry meat Trade Balance

302277 292 310

371

676

794

480

614 616

858891 876

803827

689

1 017

1 101 1 1161 153

1 114

1 275

1 063 1 046997 997

867

9821 016

1 265

1 411

1 180

0

200

400

600

800

1 000

1 200

1 400

1 600

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Jan-Oct 12

in 1000 Tonnes cwe

IMPORTS EXPORTS

2001 2002 2003 2004

20052006 2007 2008

2009 2010 2011 2012

EU Market Situation for Eggs

Management Committee 13 December 2012


85

105

125

145

165

185

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52

€uro

/ 100kg

Evolution of the weekly EU average price for Eggs for Consumption

Avg 07 - 11 2009 2010avg 2011 2012


-15.0%

-5.0%

5.0%

15.0%

25.0%

35.0%

45.0%

55.0%

BE BG CZ DK DE EE EL ES FR IE IT CY LV LT HU MT NL ÖS PL PT RO SI SK SF SV UK EU

Percentual change of Egg prices November 2012

- 1 year

- 1 month


0

40

80

120

160

200

1 4 7 10 13 16 19 22 25 28 31 34 37 40 43 46 49 52 3 6 9 12 15 18 21 24 27 30 33 36 39 42 45 48 51

€uro

/ 100kg

Prices for Eggs for consumption and Eggs for breaking 2011 - 2012

EU Low enr. cages high enriched cage Eggs for Consumption US High breaking

130 % increase for Eggs for Breaking from week 1 2011 to week 48 201256,1% increase for Eggs for Consumption from week 1 2011 to week 48 2012Yellow difference is barn high minus enriched cage low,


0

30

60

90

120

150

180

0 01 02 03 04 05 06 07 08 09 10 11 ja fe mr ap ma jn jl au se oc no de

Euro

/ 100kg

Margin between Feed cost and Egg price in Egg production

marge

feed

egg

Avg Margin


0

7 500

15 000

22 500

30 000

37 500

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |

Placings of Laying chicks (1 000 pieces)compared to the baseline trend

(baseline= monthly avg 2006 - 2009)


0

40

80

120

160

4 000

5 500

7 000

8 500

| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |

Pric

e €u

ro/1

00

kg

Production forecast ofeggs in shell (Mio p).

compared to the price development


-25,0%

0,0%

25,0%

50,0%

75,0%

1-50 51-349 350-9999 > 10000

Eurofarm Structure Survey 2010Change in Laying Hens and Holdings with Laying Hens

per Category in the EU (BE no data 2010)

% of animals in category % change per category

Change 2010/2007:layers: + 1,0%Holdings: - 30,4%


0

10.000

20.000

30.000

40.000

50.000

60.000

70.000

BE

BG

CZ

DK

DE

EE EI

EL

ES

FR IT KY

LV

LT

LU

HU

MT

NL

ÖS

PL

PT

RO SI

SK

SF

SE

UK

>350

51-349

1-50

Dispersion of Laying Hens by size-class (in 1000 heads)

2007 & 2010 Eurofarm structure survey EU 26 (BE no data 2010)


Compared


USA 4 245 18.6% 11 165 36.7% 13 439 42.9% 5 417 28.4% 12 620 40.9% + 139%

Argentina 6 164 27.0% 7 899 26.0% 7 888 25.2% 7 898 41.5% 9 223 29.9% + 37%

Mexico 2 002 8.8% 1 893 6.2% 1 425 4.5% 556 2.9% 1 018 3.3% + 336%

Albania 2 209 9.7% 1 659 5.5% 3 208 10.2% 1 303 6.8% 1 874 6.1% + 158%

India 6 593 28.9% 5 776 19.0% 3 211 10.2% 1 505 7.9% 2 407 7.8% + 71%

Israel 646 2.8% 711 2.3% 941 3.0% 547 2.9% 1 243 4.0% + 127%

Canada 1 0.0% 33 0.1% 2 0.0% 0 0.0% 67 0.2%

Brazil 64 0.3% 67 0.2% 0 0.0% 0 0.0% 0 0.0%

EXTRA EU 25/27 22 850 30 409 31 356 19 045 30 832

% change + 33% + 3% - 39% + 83.6%

2008 2009 2010 Jan-Oct 122011

EU Imports of Eggs:Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs


EU Egg Imports

12 589

5 282

12 620

6 636

6 753

9 223

4 216

2 631

4 641

29 279

16 796

30 832

0

5 000

10 000

15 000

20 000

25 000

30 000

35 000


Total EU Import of Eggs -not incl. Hatching eggs

(Tonnes eggs equiv)

USA ArgentinaIndia CanadaAlbania Other destinations

12 207 10 096

20 262

5 2655 030

7 6712 826

4 048

25 354

19 403

37 249

0

5 000

10 000

15 000

20 000

25 000

30 000

35 000

40 000


Total EU Import of Eggs -not incl. Hatching eggs

(1000 EUR)

USA ArgentinaIndia CanadaAlbania Other destinations


0

1.000

2.000

3.000

4.000

5.000

6.000

7.000

8.000

|Jan06

2006 |Jan07

2007 |Jan08

2008 |Jan09

2009 |Jan10

2010 |Jan11

2011 |Jan12

in Tonnes egg equiv.

EU-27 Imports of selected EGGS products(including Hatching eggs)

FRESH Albumin Not In Shell Yolk Haching


Compared


Japan 62 254 33% 47 238 31% 52 923 29% 65 982 30% 56 489 36% - 2%

Switzerland 44 229 24% 43 499 29% 45 107 25% 42 152 19% 34 996 22% - 1%

Russia 7 113 4% 4 360 3% 5 293 3% 4 947 2% 5 053 3% + 31%

Angola 4 049 2% 4 019 3% 10 227 6% 17 498 8% 14 684 9% - 6%

Libya 0 0% 40 0% 201 0% 226 0% 322 0% + 163%

Thailand 6 190 3% 4 068 3% 6 180 3% 7 254 3% 5 709 4% - 6%

Ukraine 7 250 4% 4 304 3% 5 693 3% 4 422 2% 3 432 2% - 8%

Taiwan 4 624 2% 2 868 2% 7 145 4% 7 941 4% 4 240 3% - 38%

South Korea 1 859 1% 1 948 1% 2 495 1% 4 379 2% 2 778 2% - 20%

U.A.Emirates 9 436 5% 2 664 2% 5 864 3% 8 262 4% 1 582 1% - 78%

Norway 1 805 1% 963 1% 570 0% 1 300 1% 882 1% - 15%

Israel 6 002 3% 3 398 2% 1 308 1% 2 729 1% 997 1% - 57%

EXTRA EU 25/27 187 209 150 173 181 682 216 447 157 472

% change - 20% + 21% + 19% - 15.4%

2008 2009 2010 Jan-Oct 122011

EU Exports of Eggs:Trade Figures (Comext – tonnes egg equiv.) not incl. Hatching eggs


42 72257 594 56 489

37 66435 212 34 996

52 652

72 779

45 038

143 707

186 239

157 472

0

20 000

40 000

60 000

80 000

100 000

120 000

140 000

160 000

180 000

200 000


Total EU Export of Eggs not incl. hatching eggs (T. eggs equiv.)

Japan Switzerland Russia Angola Iraq Other destinations

29 989 38 621 49 394

53 952 47 079

53 272

5 145

50 565

70 111

56 994144 537

175 776186 104

0

20 000

40 000

60 000

80 000

100 000

120 000

140 000

160 000

180 000

200 000


Total EU Export of Eggs not incl. hatching eggs (1000 EUR)

Japan Switzerland Russia Angola Iraq Other destinations

EU Egg Exports


0

5 000

10 000

15 000

20 000

25 000

30 000

|Jan06

2006 |Jan07

2007 |Jan08

2008 |Jan09

2009 |Jan10

2010 |Jan11

2011 |Jan12

in Tonnes egg equiv.

EU-27 Exports of selected EGGS products (including Hatching eggs)

FRESH Albumin Not In Shell Yolk Haching


1018

2318 17

27

16

30

69

2530

3945

2330 31

19

31

144

164

186

209

231

201 205

191

142

198 198202

167

187

150

182

216

157

0

25

50

75

100

125

150

175

200

225

250

275

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Jan-Oct12

in 1000 TonnesIMPORTS EXPORTS

EU Egg Trade Balance (not including Hatching eggs)


50,00

75,00

100,00

125,00

150,00

175,00

200,00

08 | 09 | 10 | 11 | 12 |

Egg prices the EU, USAand Brazilin €uro/ 100kg

EU egg US egg €uro BR Egg €uro (Ave World)

eu market situation for eggs and poultry management committee 13 december 2012

Documents

hatching eggs slide

eu market situation

eu poultry meat import

eu poultry meat export

eu egg imports slide

eu egg exports slide

eu imports of eggs

eu exports of eggs