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

Contents:

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

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

The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $867,004 per ton in 2022, rising by 70% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $888,885 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the UK ($2,241,000 per ton), while the price for New Zealand ($414,310 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-0.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $55,047 per ton, waning by -16.6% against the previous year. Overall, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of 189%. As a result, the export price reached the peak level of $113,756 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($283,850 per ton), while the average price for exports to Taiwan (Chinese) ($46,187 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 UK (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of albuminates and other albumin derivatives (excluding egg albumin)s decreased by -33.5% to 8.7 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 61%.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s expanded significantly to $7.5M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 76% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

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

1. United States (6.8 tons)
2. China (0.8 tons)
3. New Zealand (0.6 tons)
4. Switzerland (0.3 tons)
5. United Kingdom (0.2 tons)

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

After two years of decline, overseas shipments of albuminates and other albumin derivatives (excluding egg albumin)s increased by 26% to 5.8 tons in 2022. In general, exports, however, showed a sharp setback.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s stood at $322K in 2022. Overall, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 8.6%. As a result, the exports attained the peak of $511K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Taiwan (Chinese) (4.9 tons)
2. South Korea (0.8 tons)

Source: IndexBox Market Intelligence Platform