Price for Albumins; Egg Albumin, Dried in Brazil - 2023

Contents:

1. Price for Albumins; Egg Albumin, Dried in Brazil (FOB) - 2023
2. Price for Albumins; Egg Albumin, Dried in Brazil (CIF) - 2022
3. Exports of Albumins; Egg Albumin, Dried in Brazil
4. Imports of Albumins; Egg Albumin, Dried in Brazil

Price for Albumins; Egg Albumin, Dried in Brazil (FOB) - 2023

The average albumins; egg albumin, dried export price stood at $15,446 per ton in September 2023, with an increase of 51% against the previous month. Overall, export price indicated perceptible growth from September 2022 to September 2023: its price increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, albumins; egg albumin, dried export price increased by +50.9% against July 2023 indices. The pace of growth appeared the most rapid in February 2023 an increase of 71% against the previous month. The export price peaked in September 2023.

As there is only one major export destination, the average price level is determined by prices for Japan.

From September 2022 to September 2023, the rate of growth in terms of prices for Japan amounted to +3.2% per month.

Price for Albumins; Egg Albumin, Dried in Brazil (CIF) - 2022

In 2022, the average albumins; egg albumin, dried import price amounted to $12,492 per ton, growing by 10% against the previous year. Overall, the import price recorded a measured increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 80% against the previous year. Over the period under review, average import prices attained the maximum at $22,744 per ton in 2016; however, from 2017 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 ($19,183 per ton), while the price for Belgium ($5,032 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.7%), while the prices for the other major suppliers experienced a decline.

Exports of Albumins; Egg Albumin, Dried in Brazil

For the fourth year in a row, Brazil recorded growth in overseas shipments of albumins; egg albumin, drieds, which increased by 130% to 518 tons in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 307% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, albumins; egg albumin, dried exports surged to $5M in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Albumins; Egg Albumin, Dried from Brazil in 2022:

1. Japan (351.6 tons)
2. Turkey (64.8 tons)
3. Chile (33.1 tons)
4. Yemen (25.0 tons)
5. United Arab Emirates (14.0 tons)
6. Uruguay (11.4 tons)
7. Jordan (10.0 tons)

Imports of Albumins; Egg Albumin, Dried in Brazil

In 2022, supplies from abroad of albumins; egg albumin, drieds was finally on the rise to reach 4.5 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, albumins; egg albumin, dried imports skyrocketed to $56K in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.

Top Suppliers of Albumins; Egg Albumin, Dried to Brazil in 2022:

1. Argentina (2.5 tons)
2. Belgium (1.0 tons)
3. United States (0.9 tons)
4. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform