Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Argentina - 2023

Contents:

1. Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Argentina (FOB) - 2022
2. Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Argentina (CIF) - 2022
3. Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Argentina
4. Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Argentina

Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Argentina (FOB) - 2022

In 2022, the average export price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $2,615 per ton, dropping by -25.3% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for albuminates and other albumin derivatives (excluding egg albumin)s decreased by -34.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 55%. As a result, the export price attained the peak level of $4,002 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($21,228 per ton), while the average price for exports to the United States ($999 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Argentina (CIF) - 2022

The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $24,441 per ton in 2022, with an increase of 112% against the previous year. In general, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +13.0% per year.

Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Argentina

In 2022, exports of albuminates and other albumin derivatives (excluding egg albumin)s from Argentina soared to 720 tons, jumping by 23% against 2021. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 202%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s fell to $1.9M in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 165% against the previous year. As a result, the exports attained the peak of $2M, and then fell in the following year.

Top Export Markets for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) from Argentina in 2022:

1. United States (610.8 tons)
2. Malaysia (64.9 tons)
3. Philippines (38.0 tons)
4. Colombia (2.3 tons)

Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Argentina

In 2022, supplies from abroad of albuminates and other albumin derivatives (excluding egg albumin)s decreased by -57.5% to 67 tons, falling for the second consecutive year after two years of growth. Overall, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. As a result, imports reached the peak of 170 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s dropped to $1.6M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 21%. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) to Argentina in 2022:

1. Belgium (66.9 tons)

Source: IndexBox Market Intelligence Platform