Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Vietnam - 2022
Contents:
- Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Vietnam (CIF) - 2022
- Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Vietnam (FOB) - 2022
- Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Vietnam
- Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Vietnam
Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Vietnam (CIF) - 2022
The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $12,298 per ton in 2022, increasing by 54% against the previous year. In general, the import price enjoyed a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($12,299 per ton), while the price for the United States totaled $12,296 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Vietnam (FOB) - 2022
The average export price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $23,757 per ton in 2022, falling by -6.6% against the previous year. Overall, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2015 an increase of 94% against the previous year. As a result, the export price reached the peak level of $357,777 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -9.8% per year.
Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Vietnam
For the third consecutive year, Vietnam recorded decline in supplies from abroad of albuminates and other albumin derivatives (excluding egg albumin)s, which decreased by -83.1% to 1.7 tons in 2022. In general, imports saw a sharp downturn. The smallest decline of -40.7% was in 2021.
In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s reduced remarkably to $21K in 2022. Overall, imports saw a significant contraction. The smallest decline of -36.2% was in 2021.
| Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 43.0 | 30.2 | 4.6 | 10.7 | -37.1% |
| United States | 3.6 | 2.1 | 1.8 | 9.9 | 40.1% |
| Argentina | 15.1 | 6.0 | 2.9 | N/A | -56.2% |
| Belgium | 24.0 | 20.4 | 21.7 | N/A | -4.9% |
| Philippines | 12.9 | 10.0 | 8.5 | N/A | -18.8% |
| Denmark | 78.2 | 24.5 | 6.5 | N/A | -71.2% |
| Others | 41.4 | 30.9 | 33.2 | N/A | -10.4% |
| Total | 218 | 124 | 79.1 | 20.6 | -54.5% |
Top Suppliers of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) to Vietnam in 2022:
- Australia (870.0 kg)
- United States (807.0 kg)
Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Vietnam
In 2022, overseas shipments of albuminates and other albumin derivatives (excluding egg albumin)s were finally on the rise to reach 218 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a sharp decline.
In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s skyrocketed to $5.2K in 2022. Overall, exports, however, showed a precipitous slump.
| Export of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.3 | 1.9 | 1.3 | 5.2 | -24.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.3 | 1.9 | 1.3 | 5.2 | -24.9% |
Top Export Markets for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) from Vietnam in 2022:
- China (218.0 kg)
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