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

Contents:

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

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

In 2022, the average import price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $14,981 per ton, with an increase of 13% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 180% against the previous year. As a result, import price attained the peak level of $43,517 per ton. From 2017 to 2022, the average import prices remained 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 Denmark ($149,714 per ton), while the price for Belgium ($3,938 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+39.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $1,362 per ton, falling by -86.3% against the previous year. In general, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 39%. The export price peaked at $13,701 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,968 per ton), while the average price for exports to Spain ($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 Germany (+0.9%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, overseas purchases of albuminates and other albumin derivatives (excluding egg albumin)s decreased by -20.7% to 183 tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. As a result, imports attained the peak of 231 tons, and then declined remarkably in the following year.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s shrank to $2.7M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 69%. As a result, imports reached the peak of $3.1M, and then fell in the following year.

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

1. France (78.8 tons)
2. Spain (48.4 tons)
3. Germany (40.2 tons)
4. United Kingdom (8.8 tons)
5. Netherlands (3.7 tons)
6. Belgium (1.5 tons)

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

In 2022, the amount of albuminates and other albumin derivatives (excluding egg albumin)s exported from Italy declined markedly to 38 tons, with a decrease of -67.3% on the previous year's figure. Over the period under review, exports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 1,088% against the previous year. As a result, the exports attained the peak of 116 tons, and then shrank remarkably in the following year.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s dropped dramatically to $52K in 2022. In general, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 853%. As a result, the exports reached the peak of $1.2M, and then fell rapidly in the following year.

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

1. Spain (31.1 tons)
2. Libya (5.5 tons)
3. United States (0.6 tons)
4. Switzerland (0.6 tons)

Source: IndexBox Market Intelligence Platform