Price for Albumins; Albuminates and Other Albumin Derivatives in Uruguay - 2022

Contents:

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

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

The average export price for albumins; albuminates and other albumin derivativeses stood at $2,664 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price saw a slight setback. The growth pace was the most rapid in 2019 an increase of 19% against the previous year. The export price peaked at $3,463 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($2,679 per ton), while the average price for exports to South Korea stood at $2,398 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-1.2%), while the prices for the other major destinations experienced a decline.

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

The average import price for albumins; albuminates and other albumin derivativeses stood at $13,344 per ton in 2022, increasing by 38% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $13,809 per ton in 2015; however, from 2016 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 Denmark ($15,630 per ton), while the price for Belgium ($5,907 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Albumins; Albuminates and Other Albumin Derivatives in Uruguay

Exports of albumins; albuminates and other albumin derivativeses from Uruguay surged to 619 tons in 2022, with an increase of 24% compared with the year before. The total export volume increased at an average annual rate of +12.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 44%. As a result, the exports attained the peak of 624 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of albumins; albuminates and other albumin derivativeses skyrocketed to $1.6M in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. As a result, the exports attained the peak of $1.8M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Spain (585.4 tons)
2. South Korea (33.1 tons)

Imports of Albumins; Albuminates and Other Albumin Derivatives in Uruguay

In 2022, the amount of albumins; albuminates and other albumin derivativeses imported into Uruguay soared to 121 tons, picking up by 157% on the year before. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of albumins; albuminates and other albumin derivativeses soared to $1.6M in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Argentina (45.8 tons)
2. United States (40.3 tons)
3. Netherlands (12.0 tons)
4. Brazil (11.4 tons)
5. Belgium (8.0 tons)
6. Denmark (3.6 tons)

Source: IndexBox Market Intelligence Platform