Price for Albumins; Egg Albumin, Dried in Vietnam - 2022

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

The average albumins; egg albumin, dried import price stood at $7,266 per ton in 2022, which is down by -7.4% against the previous year. Over the period under review, the import price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 an increase of 18%. The import price peaked at $12,587 per ton in 2015; however, from 2016 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 India ($7,820 per ton), while the price for Ukraine ($3,525 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.4%), while the prices for the other major suppliers experienced a decline.

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

In 2021, the average albumins; egg albumin, dried export price amounted to $6,067 per ton, stabilizing at the previous year. Over the period under review, the export price continues to indicate a pronounced setback. The growth pace was the most rapid in 2019 a decrease of -5.7% against the previous year. The export price peaked at $7,228 per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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

From 2015 to 2021, the rate of growth in terms of prices for the Philippines amounted to 0.0% per year.

Imports of Albumins; Egg Albumin, Dried in Vietnam

In 2022, after three years of growth, there was decline in purchases abroad of albumins; egg albumin, drieds, when their volume decreased by -4.5% to 873 tons. The total import volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 15%.

In value terms, albumins; egg albumin, dried imports contracted to $6.3M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 30%. As a result, imports attained the peak of $7.2M, and then declined in the following year.

Import of Albumins; Egg Albumin, Dried in Vietnam (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	3,470	4,047	5,255	4,950	12.6%
Italy	508	684	785	645	8.3%
Belgium	42.2	14.7	484	286	89.2%
France	78.5	98.1	123	253	47.7%
Ukraine	110	112	120	61.5	-17.6%
Netherlands	150	115	70.9	35.8	-38.0%
Japan	118	146	85.1	9.1	-57.4%
Others	221	303	247	105	-22.0%
Total	4,697	5,521	7,170	6,346	10.6%

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

India (632.9 tons)
Italy (96.9 tons)
Belgium (63.9 tons)
France (33.7 tons)
Ukraine (17.4 tons)
Netherlands (9.7 tons)
Japan (1.1 tons)

Exports of Albumins; Egg Albumin, Dried in Vietnam

Albumins; egg albumin, dried exports from Vietnam amounted to 6.9 tons in 2021, approximately reflecting the year before. Overall, exports showed a abrupt decrease. The smallest decline of 99.9% was in 2020.

In value terms, albumins; egg albumin, dried exports amounted to $42K in 2021. In general, exports saw a deep setback. The smallest decline of 99.9% was in 2020.