Price for Albumins; Albuminates and Other Albumin Derivatives in Argentina - 2023

Contents:

  1. Price for Albumins; Albuminates and Other Albumin Derivatives in Argentina (FOB) - 2022
  2. Price for Albumins; Albuminates and Other Albumin Derivatives in Argentina (CIF) - 2022
  3. Exports of Albumins; Albuminates and Other Albumin Derivatives in Argentina
  4. Imports of Albumins; Albuminates and Other Albumin Derivatives in Argentina

Price for Albumins; Albuminates and Other Albumin Derivatives in Argentina (FOB) - 2022

The average export price for albumins; albuminates and other albumin derivativeses stood at $11,077 per ton in 2022, picking up by 106% against the previous year. Over the period under review, the export price posted modest growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($11,176 per ton), while the average price for exports to Chile totaled $10,840 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Albumins; Albuminates and Other Albumin Derivatives in Argentina (CIF) - 2022

In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $6,984 per ton, with a decrease of -6.6% against the previous year. Overall, the import price saw a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 42% against the previous year. Over the period under review, average import prices attained the peak figure at $15,816 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,603 per ton), while the price for Belgium ($5,312 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (-2.5%), while the prices for the other major suppliers experienced a decline.

Exports of Albumins; Albuminates and Other Albumin Derivatives in Argentina

In 2022, approx. 595 tons of albumins; albuminates and other albumin derivativeses were exported from Argentina; with a decrease of -91.3% against the previous year's figure. Overall, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2021 with an increase of 76% against the previous year. As a result, the exports reached the peak of 6.8K tons, and then contracted rapidly in the following year.

In value terms, exports of albumins; albuminates and other albumin derivativeses shrank significantly to $6.6M in 2022. In general, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 61% against the previous year. As a result, the exports reached the peak of $37M, and then dropped sharply in the following year.

Export of Albumins; Albuminates and Other Albumin Derivatives in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2.41.52.14.725.1%
Chile1.41.62.11.910.7%
Russia2.42.55.1N/A45.8%
China1.83.64.0N/A49.1%
Colombia1.41.01.0N/A-15.5%
Brazil12.710.221.4N/A29.8%
Others1.62.41.1N/A-17.1%
Total23.622.736.76.6-34.6%

Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Argentina in 2022:

  1. Japan (419.9 tons)
  2. Chile (175.0 tons)

Imports of Albumins; Albuminates and Other Albumin Derivatives in Argentina

In 2022, imports of albumins; albuminates and other albumin derivativeses into Argentina expanded sharply to 326 tons, rising by 6.1% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 30%. As a result, imports attained the peak of 370 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of albumins; albuminates and other albumin derivativeses dropped to $2.3M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. As a result, imports attained the peak of $3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Albumins; Albuminates and Other Albumin Derivatives in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,0251,3441,3991,3269.0%
Denmark6301,001253475-9.0%
United States411367345293-10.7%
Others1793183031861.3%
Total2,2443,0302,3012,2800.5%

Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Argentina in 2022:

  1. Belgium (249.6 tons)
  2. Denmark (56.4 tons)
  3. United States (20.1 tons)

Source: IndexBox Market Intelligence Platform

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