Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Azerbaijan - 2023
Contents:
- Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Azerbaijan (CIF) - 2022
- Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Azerbaijan
Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Azerbaijan (CIF) - 2022
The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $74,333 per ton in 2022, surging by 226% against the previous year. Over the period under review, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 275% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($75,000 per ton), while the price for Germany amounted to $74,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+663.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Azerbaijan
Imports of albuminates and other albumin derivatives (excluding egg albumin)s into Azerbaijan reduced dramatically to 3 kg in 2022, shrinking by -50% on the previous year. Over the period under review, imports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year.
In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s soared to $223 in 2022. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 180% against the previous year.
| Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 75.0 | 39.0 | 24.0 | 148 | 25.4% |
| United States | 88.0 | 1.0 | 1.0 | 75.0 | -5.2% |
| India | 100 | 5.0 | N/A | N/A | -95.0% |
| Lithuania | N/A | N/A | 62.0 | N/A | 0% |
| Canada | 55.0 | 2.0 | 1.0 | N/A | -86.5% |
| Turkey | 69.0 | 2.0 | 1.0 | N/A | -88.0% |
| Others | N/A | N/A | 48.0 | N/A | 0% |
| Total | 387 | 49.0 | 137 | 223 | -16.8% |
Top Suppliers of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) to Azerbaijan in 2022:
- Germany (2.0 kg)
- United States (1.0 kg)
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