Price for Albumins; Egg Albumin, Dried in the Philippines - 2023
Contents:
- Price for Albumins; Egg Albumin, Dried in the Philippines (CIF) - 2022
- Imports of Albumins; Egg Albumin, Dried in the Philippines
Price for Albumins; Egg Albumin, Dried in the Philippines (CIF) - 2022
In 2022, the average albumins; egg albumin, dried import price amounted to $5,938 per ton, with a decrease of -3.1% against the previous year. In general, the import price showed a pronounced contraction. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. The import price peaked at $12,958 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Netherlands ($16,065 per ton), while the price for Italy ($5,170 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Albumins; Egg Albumin, Dried in the Philippines
In 2022, the amount of albumins; egg albumin, drieds imported into the Philippines skyrocketed to 1.7K tons, jumping by 247% on the previous year. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, albumins; egg albumin, dried imports soared to $10M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Albumins; Egg Albumin, Dried in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.8 | 0.7 | 1.4 | 5.8 | 47.7% |
| Denmark | 0.9 | 0.4 | 1.1 | 2.8 | 46.0% |
| India | 0.7 | 0.6 | 0.4 | 1.0 | 12.6% |
| Netherlands | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 3.4 | 1.8 | 3.0 | 10.1 | 43.8% |
Top Suppliers of Albumins; Egg Albumin, Dried to the Philippines in 2022:
- Italy (1123.0 tons)
- Denmark (385.4 tons)
- India (158.4 tons)
- Netherlands (26.0 tons)
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