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

Contents:

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

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

The average albumins; egg albumin, dried export price stood at $12,407 per ton in July 2023, reducing by -3.2% against the previous month. In general, the export price showed a slight decrease. The most prominent rate of growth was recorded in August 2022 an increase of 9.9% against the previous month. Over the period under review, the average export prices reached the maximum at $16,699 per ton in March 2023; however, from April 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($16,143 per ton), while the average price for exports to Indonesia ($10,393 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+1.6%), while the prices for the other major destinations experienced a decline.

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

The average albumins; egg albumin, dried import price stood at $6,662 per ton in 2022, waning by -11% against the previous year. Over the period under review, the import price showed a perceptible slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the peak figure at $11,945 per ton in 2018; however, from 2019 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 the United States ($18,340 per ton), while the price for France ($4,995 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Albumins; Egg Albumin, Dried in India

In 2022, shipments abroad of albumins; egg albumin, drieds was finally on the rise to reach 2.5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, albumins; egg albumin, dried exports surged to $25M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Albumins; Egg Albumin, Dried in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam3.34.35.310.346.1%
Japan5.53.82.47.08.4%
Indonesia1.11.01.01.817.8%
Malaysia0.10.10.21.7157.1%
Thailand0.50.30.31.544.2%
Philippines0.60.60.21.432.6%
Taiwan (Chinese)0.10.10.40.8100.0%
Others1.31.21.10.7-18.6%
Total12.511.410.925.126.2%

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

  1. Japan (1054.0 tons)
  2. Vietnam (761.6 tons)
  3. Philippines (209.1 tons)
  4. Malaysia (122.2 tons)
  5. Indonesia (116.4 tons)
  6. Thailand (111.3 tons)
  7. Taiwan (Chinese) (62.0 tons)

Imports of Albumins; Egg Albumin, Dried in India

In 2022, after three years of growth, there was significant decline in supplies from abroad of albumins; egg albumin, drieds, when their volume decreased by -20.6% to 47 tons. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 124%.

In value terms, albumins; egg albumin, dried imports declined rapidly to $316K in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 142% against the previous year. As a result, imports reached the peak of $447K, and then dropped rapidly in the following year.

Import of Albumins; Egg Albumin, Dried in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.1145315220314.0%
France10.211.744.831.245.2%
United States5.67.843.330.275.4%
Thailand11.911.928.623.826.0%
Poland14.5N/AN/AN/A0%
Others84.97.615.410.8-49.7%
Total13018444731634.5%

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

  1. Netherlands (35.7 tons)
  2. France (6.3 tons)
  3. Thailand (3.6 tons)
  4. United States (1.6 tons)

Source: IndexBox Market Intelligence Platform

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