Price for Albumins; Egg Albumin, Not Dried in Estonia - 2023

Price for Albumins; Egg Albumin, Not Dried in Estonia (CIF) - 2022

In 2022, the average import price for albumins; egg albumin, not drieds amounted to $1,855 per ton, growing by 17% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.0% 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, not dried import price decreased by -0.6% against 2016 indices. The pace of growth appeared the most rapid in 2016 an increase of 69%. As a result, import price reached the peak level of $1,866 per ton; afterwards, it flattened through to 2022.

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 Denmark ($2,734 per ton), while the price for Lithuania ($1,538 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Albumins; Egg Albumin, Not Dried in Estonia (FOB) - 2022

In 2022, the average export price for albumins; egg albumin, not drieds amounted to $2,436 per ton, growing by 27% against the previous year. Overall, the export price recorded buoyant growth. The pace of growth was the most pronounced in 2014 an increase of 53% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($2,800 per ton), while the average price for exports to Latvia stood at $2,433 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Albumins; Egg Albumin, Not Dried in Estonia

In 2022, imports of albumins; egg albumin, not drieds into Estonia expanded notably to 188 tons, increasing by 10% on the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year.

In value terms, albumins; egg albumin, not dried imports soared to $348K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Albumins; Egg Albumin, Not Dried in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	61.3	56.9	82.2	104	19.3%
Lithuania	69.0	20.6	52.3	99.9	13.1%
Latvia	112	81.0	51.9	59.7	-18.9%
Denmark	28.8	50.0	59.4	54.4	23.6%
Finland	N/A	N/A	N/A	16.0	0%
Ukraine	N/A	10.8	24.1	14.5	15.9%
Others	0.6	0.5	0.3	N/A	-29.3%
Total	272	220	270	348	8.6%

Top Suppliers of Albumins; Egg Albumin, Not Dried to Estonia in 2022:

Lithuania (64.9 tons)
Germany (49.8 tons)
Latvia (34.6 tons)
Denmark (19.9 tons)
Finland (9.3 tons)
Ukraine (9.1 tons)

Exports of Albumins; Egg Albumin, Not Dried in Estonia

In 2022, approx. 6.1 tons of albumins; egg albumin, not drieds were exported from Estonia; picking up by 32% compared with the year before. The total export volume increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, albumins; egg albumin, not dried exports skyrocketed to $15K in 2022. Overall, exports saw a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.