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

Contents:

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

Price for Albumins; Egg Albumin, Dried in Portugal (CIF) - 2023

The average albumins; egg albumin, dried import price stood at $17,371 per ton in August 2023, rising by 7.4% against the previous month. Over the period under review, import price indicated a measured expansion from August 2022 to August 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, albumins; egg albumin, dried import price increased by +73.3% against May 2023 indices. The pace of growth was the most pronounced in June 2023 an increase of 65% m-o-m. The import price peaked at $20,493 per ton in January 2023; however, from February 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($22,194 per ton), while the price for Latvia ($7,751 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Albumins; Egg Albumin, Dried in Portugal (FOB) - 2022

In 2022, the average albumins; egg albumin, dried export price amounted to $7,261 per ton, growing by 1.6% against the previous year. Overall, the export price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 when the average export price increased by 61%. Over the period under review, the average export prices reached the maximum at $16,010 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2014 to 2022, the rate of growth in terms of prices for Italy amounted to +4.4% per year.

Imports of Albumins; Egg Albumin, Dried in Portugal

In 2022, imports of albumins; egg albumin, drieds into Portugal surged to 297 tons, picking up by 75% on 2021. In general, imports continue to indicate a significant increase. 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 surged to $3.4M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Italy (124.7 tons)
2. France (70.4 tons)
3. Spain (31.9 tons)
4. Netherlands (24.2 tons)
5. Ireland (21.0 tons)
6. Denmark (15.0 tons)
7. Latvia (8.4 tons)

Exports of Albumins; Egg Albumin, Dried in Portugal

In 2022, approx. 38 tons of albumins; egg albumin, drieds were exported from Portugal; rising by 111% compared with the previous year's figure. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 756%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, albumins; egg albumin, dried exports surged to $278K in 2022. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 754%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

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

1. Spain (38.1 tons)

Source: IndexBox Market Intelligence Platform