Price for Albumins; Egg Albumin, Dried in Panama - 2022
Contents:
- Price for Albumins; Egg Albumin, Dried in Panama (CIF) - 2022
- Imports of Albumins; Egg Albumin, Dried in Panama
Price for Albumins; Egg Albumin, Dried in Panama (CIF) - 2022
The average albumins; egg albumin, dried import price stood at $15,779 per ton in 2022, with an increase of 48% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, albumins; egg albumin, dried import price increased by +52.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Peru.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.2% per year.
Imports of Albumins; Egg Albumin, Dried in Panama
In 2022, overseas purchases of albumins; egg albumin, drieds decreased by -91% to 2.5 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports faced a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 115% against the previous year. As a result, imports reached the peak of 28 tons, and then contracted remarkably in the following year.
In value terms, albumins; egg albumin, dried imports contracted remarkably to $39K in 2022. Overall, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 122% against the previous year. As a result, imports attained the peak of $297K, and then reduced dramatically in the following year.
| Import of Albumins; Egg Albumin, Dried in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 32.4 | 27.3 | 29.8 | 39.4 | 6.7% |
| Malaysia | 2.3 | 1.3 | 1.7 | N/A | -14.0% |
| United States | 46.5 | 104 | 244 | N/A | 129.1% |
| Netherlands | N/A | N/A | 21.4 | N/A | 0% |
| Others | N/A | 1.3 | 0.1 | N/A | -92.3% |
| Total | 81.2 | 134 | 297 | 39.4 | -21.4% |
Top Suppliers of Albumins; Egg Albumin, Dried to Panama in 2022:
- Peru (2.5 tons)
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