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

Contents:

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

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

In 2022, the average import price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $69,756 per ton, rising by 15% against the previous year. In general, the import price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 123% against the previous year. The import price peaked at $141,778 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($211,853 per ton), while the price for Japan ($4,557 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $2,532 per ton in 2022, jumping by 25% against the previous year. In general, the export price, however, faced a deep slump. The growth pace was the most rapid in 2018 an increase of 380%. Over the period under review, the average export prices hit record highs at $15,653 per ton in 2012; however, from 2013 to 2022, the 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 United States ($4,213 per ton), while the average price for exports to Taiwan (Chinese) ($654 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 Cuba (+36.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of albuminates and other albumin derivatives (excluding egg albumin)s imported into China surged to 156 tons, increasing by 167% compared with the previous year. In general, imports showed a modest expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s surged to $11M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,1756721,1595,72738.1%
New Zealand5967901,4203,31377.1%
Australia34.71,31322.7809185.7%
United States30827552347515.5%
Japan425407301382-3.5%
Switzerland4250.36.6N/A-87.5%
Others80592.6106183-39.0%
Total4,7713,5503,53810,88931.7%

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

  1. Japan (83.8 tons)
  2. Germany (33.2 tons)
  3. New Zealand (15.6 tons)
  4. United States (15.0 tons)
  5. Australia (4.2 tons)

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

In 2022, overseas shipments of albuminates and other albumin derivatives (excluding egg albumin)s decreased by -29.1% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 270% against the previous year. As a result, the exports attained the peak of 1.6K tons, and then declined rapidly in the following year.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s declined to $2.9M in 2022. Overall, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 180% against the previous year. As a result, the exports attained the peak of $5M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2892,1162,4411,86686.2%
Taiwan (Chinese)N/A1.422.63761538.8%
Canada1,371382452234-44.5%
South Korea19.522610411379.6%
Australia0.11061430.226.0%
IndonesiaN/A192N/A0.1-97.7%
South AfricaN/A437N/AN/A0%
Others1091,54915534947.4%
Total1,7885,0103,3162,93918.0%

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

  1. Taiwan (Chinese) (575.6 tons)
  2. United States (443.0 tons)
  3. South Korea (71.2 tons)
  4. Canada (16.3 tons)
  5. Australia (0.2 tons)
  6. Indonesia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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