Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Singapore - 2023
Contents:
- Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Singapore (CIF) - 2022
- Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Singapore (FOB) - 2022
- Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Singapore
- Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Singapore
Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Singapore (CIF) - 2022
In 2022, the average import price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $14,628 per ton, which is down by -15.6% against the previous year. In general, the import price, however, continues to indicate a perceptible expansion. The pace of growth was the most pronounced in 2020 an increase of 250%. Over the period under review, average import prices hit record highs at $17,326 per ton in 2021, and then fell notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($17,528 per ton), while the price for China ($428 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.7%), while the prices for the other major suppliers experienced a decline.
Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Singapore (FOB) - 2022
In 2022, the average export price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $358,033 per ton, with an increase of 80% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 an increase of 1,109% against the previous year. Over the period under review, the average export prices attained the maximum at $447,335 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat 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 Cambodia ($2,594,700 per ton), while the average price for exports to the UK ($1,360 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 Myanmar (+263.9%), 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 Singapore
In 2022, approx. 79 tons of albuminates and other albumin derivatives (excluding egg albumin)s were imported into Singapore; with a decrease of -80.8% compared with 2021 figures. Overall, imports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 1,602%. As a result, imports attained the peak of 413 tons, and then fell rapidly in the following year.
In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s reduced notably to $1.2M in 2022. Over the period under review, imports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 1,911%. As a result, imports reached the peak of $7.2M, and then plummeted in the following year.
| Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 331 | 330 | 7,124 | 1,130 | 50.6% |
| China | 0.2 | 9.0 | 2.2 | 3.7 | 164.5% |
| Malaysia | 159 | 0.9 | N/A | 2.3 | -75.6% |
| Belgium | 1.0 | N/A | N/A | 2.1 | 28.1% |
| Taiwan (Chinese) | N/A | N/A | 5.6 | N/A | 0% |
| Others | 215 | 15.7 | 24.7 | 19.0 | -55.5% |
| Total | 707 | 356 | 7,156 | 1,157 | 17.8% |
Top Suppliers of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) to Singapore in 2022:
- United States (64.5 tons)
- China (8.6 tons)
- Belgium (2.4 tons)
- Malaysia (2.1 tons)
Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Singapore
In 2022, exports of albuminates and other albumin derivatives (excluding egg albumin)s from Singapore contracted remarkably to 307 kg, waning by -58.6% on 2021. Over the period under review, exports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 0.4% against the previous year.
In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s declined notably to $110K in 2022. In general, exports showed a precipitous shrinkage. The smallest decline of -23.5% was in 2020.
| Export of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 87.8 | 102 | 19.5 | 39.4 | -23.4% |
| Cambodia | 1.9 | N/A | 2.0 | 25.9 | 138.9% |
| Vietnam | 17.8 | 35.5 | 27.5 | 20.2 | 4.3% |
| India | 23.1 | 9.0 | 20.2 | 15.6 | -12.3% |
| Philippines | 11.3 | 49.8 | 6.6 | 1.9 | -44.8% |
| Indonesia | 54.2 | 54.1 | 66.2 | 1.7 | -68.5% |
| Pakistan | 0.2 | 0.1 | N/A | 1.5 | 95.7% |
| China | 130 | 0.1 | N/A | N/A | -99.9% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Others | 5.8 | 3.8 | 5.4 | 3.6 | -14.7% |
| Total | 332 | 254 | 147 | 110 | -30.8% |
Top Export Markets for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) from Singapore in 2022:
- India (83.0 kg)
- Thailand (77.0 kg)
- Vietnam (61.0 kg)
- United Kingdom (25.0 kg)
- Pakistan (13.0 kg)
- Indonesia (12.0 kg)
- Cambodia (10.0 kg)
- Philippines (8.0 kg)
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In value terms, albumins imports stood at $X in 2016. In general, albumins imports continue to indicate a prominent expansion. Over the period under review, global albumins imports attained its max...
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In value terms, albumins exports stood at $X in 2016. In general, albumins exports continue to indicate a prominent growth. Over the period under review, global albumins exports attained its maximu...
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