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

Contents:

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

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

The average albumins; egg albumin, dried import price stood at $9,841 per ton in 2022, with an increase of 35% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 +71.5% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 France ($15,550 per ton), while the price for Ukraine ($5,482 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+55.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average albumins; egg albumin, dried export price amounted to $15,187 per ton, growing by 73% against the previous year. Overall, the export price showed a resilient increase. The growth pace was the most rapid in 2013 an increase of 76%. Over the period under review, the average export prices hit record highs at $15,340 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($20,697 per ton), while the average price for exports to the United States ($2,069 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Albumins; Egg Albumin, Dried in Turkey

In 2022, purchases abroad of albumins; egg albumin, drieds decreased by -38.8% to 423 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. As a result, imports reached the peak of 706 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, albumins; egg albumin, dried imports reduced remarkably to $4.2M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $5M, and then dropped dramatically in the following year.

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

1. Italy (139.0 tons)
2. Ukraine (93.1 tons)
3. Brazil (86.4 tons)
4. France (74.1 tons)
5. Lithuania (15.9 tons)
6. Poland (10.0 tons)

Exports of Albumins; Egg Albumin, Dried in Turkey

Albumins; egg albumin, dried exports from Turkey declined markedly to 2 tons in 2022, shrinking by -24.5% compared with the previous year's figure. Overall, exports recorded a mild decrease. The growth pace was the most rapid in 2021 when exports increased by 52%. As a result, the exports reached the peak of 2.6 tons, and then dropped markedly in the following year.

In value terms, albumins; egg albumin, dried exports soared to $30K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

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

1. Jordan (1300.0 kg)
2. United States (504.0 kg)
3. Cyprus (100.0 kg)
4. Mauritius (36.0 kg)

Source: IndexBox Market Intelligence Platform