Price for Albumins; Egg Albumin, Not Dried in Australia - 2023
Contents:
- Price for Albumins; Egg Albumin, Not Dried in Australia (FOB) - 2022
- Price for Albumins; Egg Albumin, Not Dried in Australia (CIF) - 2022
- Exports of Albumins; Egg Albumin, Not Dried in Australia
- Imports of Albumins; Egg Albumin, Not Dried in Australia
Price for Albumins; Egg Albumin, Not Dried in Australia (FOB) - 2022
The average export price for albumins; egg albumin, not drieds stood at $7,870 per ton in 2022, picking up by 75% against the previous year. Overall, the export price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 195%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($17,384 per ton), while the average price for exports to Hong Kong SAR totaled $625 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+16.5%), while the prices for the other major destinations experienced a decline.
Price for Albumins; Egg Albumin, Not Dried in Australia (CIF) - 2022
The average import price for albumins; egg albumin, not drieds stood at $2,891 per ton in 2022, remaining stable against the previous year. In general, the import price continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 14%. The import price peaked at $4,566 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($12,429 per ton), while the price for Ghana ($429 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Albumins; Egg Albumin, Not Dried in Australia
Albumins; egg albumin, not dried exports from Australia dropped sharply to 22 tons in 2022, waning by -29% against the previous year's figure. In general, exports showed a dramatic decline.
In value terms, albumins; egg albumin, not dried exports skyrocketed to $173K in 2022. The total export value increased at an average annual rate of +24.4% over the period from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Albumins; Egg Albumin, Not Dried in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United States | 109 | 166 | 52.3% | ||
| Hong Kong SAR | 1.3 | 7.8 | 500.0% | ||
| New Zealand | 19.4 | N/A | 0% | ||
| Thailand | 7.4 | N/A | 0% | ||
| Others | 2.8 | N/A | 0% | ||
| Total | 139 | 173 | 24.5% | ||
Top Export Markets for Albumins; Egg Albumin, Not Dried from Australia in 2022:
- Hong Kong SAR (12.5 tons)
- United States (9.5 tons)
Imports of Albumins; Egg Albumin, Not Dried in Australia
In 2022, overseas purchases of albumins; egg albumin, not drieds decreased by -49.8% to 275 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a sharp reduction.
In value terms, albumins; egg albumin, not dried imports dropped markedly to $795 in 2022. Over the period under review, imports faced a precipitous shrinkage.
| Import of Albumins; Egg Albumin, Not Dried in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 37.5 | N/A | 1.2 | 0.6 | -74.8% |
| India | 6.4 | N/A | 0.2 | 0.1 | -75.0% |
| United States | 4.2 | N/A | 0.1 | N/A | -84.6% |
| Ghana | 0.3 | N/A | N/A | N/A | 0% |
| Others | 0.8 | N/A | 0.2 | N/A | -50.0% |
| Total | 49.3 | N/A | 1.6 | 0.8 | -74.7% |
Top Suppliers of Albumins; Egg Albumin, Not Dried to Australia in 2022:
- New Zealand (198.0 kg)
- Ghana (21.0 kg)
- United States (12.0 kg)
- India (7.0 kg)
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In value terms, albumins imports stood at $X in 2016. In general, albumins imports continue to indicate a prominent expansion. Over the period under review, global albumins imports attained its max...
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