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

Contents:

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

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

The average export price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $9,017 per ton in 2022, declining by -44.3% against the previous year. Over the period under review, the export price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 176% against the previous year. As a result, the export price attained the peak level of $16,197 per ton, and then dropped remarkably in the following year.

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 Finland ($34,438 per ton), while the average price for exports to Taiwan (Chinese) ($543 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 (+42.8%), 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 Lithuania (CIF) - 2022

The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $6,743 per ton in 2022, picking up by 51% against the previous year. Overall, the import price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 107%. The import price peaked at $10,769 per ton in 2016; however, from 2017 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 France ($8,471 per ton), while the price for Estonia ($2,549 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, exports of albuminates and other albumin derivatives (excluding egg albumin)s from Lithuania skyrocketed to 404 tons, jumping by 124% on the year before. In general, exports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2020 with an increase of 151%. As a result, the exports reached the peak of 962 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s skyrocketed to $3.6M in 2022. Over the period under review, exports recorded a tangible increase. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. As a result, the exports reached the peak of $5.6M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia33.84.74801,804276.5%
United States2,9095,1722,0041,449-20.7%
United Kingdom25.415.916812771.0%
Finland62.084.387.581.19.4%
South Africa20.721.421.366.847.8%
Netherlands70.311487.645.1-13.8%
Hong Kong SAR0.954.90.41.03.6%
Taiwan (Chinese)0.31100.20.626.0%
Others33.067.375.869.127.9%
Total3,1555,6452,9243,6434.9%

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

  1. Russia (286.8 tons)
  2. United States (67.1 tons)
  3. Netherlands (18.8 tons)
  4. South Africa (9.4 tons)
  5. United Kingdom (6.5 tons)
  6. Finland (2.4 tons)
  7. Taiwan (Chinese) (1.1 tons)
  8. Hong Kong SAR (0.7 tons)

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

Imports of albuminates and other albumin derivatives (excluding egg albumin)s into Lithuania skyrocketed to 408 tons in 2022, with an increase of 131% compared with the previous year. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 270% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s surged to $2.8M in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France25.122787.41,849319.2%
United Kingdom4.480.9188659431.1%
Germany92.593.575.516421.0%
Belgium1.60.10.234.7178.9%
EstoniaN/AN/A24.423.6-3.3%
Netherlands11.814.73987.1-15.6%
Others5.28.611.714.239.8%
Total1414257852,751169.2%

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

  1. France (218.3 tons)
  2. United Kingdom (114.8 tons)
  3. Germany (47.7 tons)
  4. Belgium (13.1 tons)
  5. Estonia (9.3 tons)
  6. Netherlands (2.5 tons)

Source: IndexBox Market Intelligence Platform

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