Price for Albumins; Egg Albumin, Not Dried in Latvia - 2023
Contents:
- Price for Albumins; Egg Albumin, Not Dried in Latvia (FOB) - 2023
- Price for Albumins; Egg Albumin, Not Dried in Latvia (CIF) - 2022
- Exports of Albumins; Egg Albumin, Not Dried in Latvia
- Imports of Albumins; Egg Albumin, Not Dried in Latvia
Price for Albumins; Egg Albumin, Not Dried in Latvia (FOB) - 2023
The average export price for albumins; egg albumin, not drieds stood at $1,598 per ton in September 2023, rising by 17% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 23% against the previous month. As a result, the export price reached the peak level of $2,581 per ton. From May 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Croatia ($2,156 per ton), while the average price for exports to Poland ($1,177 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Albumins; Egg Albumin, Not Dried in Latvia (CIF) - 2022
The average import price for albumins; egg albumin, not drieds stood at $2,307 per ton in 2022, picking up by 16% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.5% 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 increased by +98.8% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 51% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($2,935 per ton), while the price for Ukraine ($2,163 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+18.3%).
Exports of Albumins; Egg Albumin, Not Dried in Latvia
In 2022, overseas shipments of albumins; egg albumin, not drieds increased by 2.3% to 1.2K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a perceptible decrease.
In value terms, albumins; egg albumin, not dried exports skyrocketed to $1.9M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.2% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Albumins; Egg Albumin, Not Dried in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 145 | 107 | 136 | 331 | 31.7% |
| Hungary | 91.1 | 108 | 144 | 253 | 40.6% |
| Czech Republic | 132 | 130 | 158 | 249 | 23.6% |
| Estonia | 204 | 213 | 213 | 243 | 6.0% |
| Poland | 103 | 188 | 241 | 214 | 27.6% |
| Bulgaria | 45.1 | 52.0 | 81.8 | 158 | 51.9% |
| Lithuania | 74.0 | 73.9 | 105 | 151 | 26.8% |
| Slovakia | 45.4 | 52.0 | 71.0 | 111 | 34.7% |
| Italy | 74.3 | 134 | 0.4 | 0.8 | -77.9% |
| Denmark | 66.8 | 69.4 | 62.3 | N/A | -3.4% |
| Others | 148 | 64.9 | 60.6 | 176 | 5.9% |
| Total | 1,128 | 1,192 | 1,274 | 1,887 | 18.7% |
Top Export Markets for Albumins; Egg Albumin, Not Dried from Latvia in 2022:
- France (260.7 tons)
- Hungary (154.6 tons)
- Estonia (152.6 tons)
- Czech Republic (150.0 tons)
- Poland (126.7 tons)
- Lithuania (103.1 tons)
- Bulgaria (96.7 tons)
- Slovakia (71.0 tons)
- Italy (0.7 tons)
Imports of Albumins; Egg Albumin, Not Dried in Latvia
In 2022, after two years of decline, there was significant growth in overseas purchases of albumins; egg albumin, not drieds, when their volume increased by 343% to 21 tons. In general, imports, however, saw a sharp decrease.
In value terms, albumins; egg albumin, not dried imports soared to $48K in 2022. Over the period under review, imports, however, recorded a abrupt contraction.
| Import of Albumins; Egg Albumin, Not Dried in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 29.9 | 0.8 | N/A | 30.8 | 1.0% |
| Estonia | 12.2 | 8.4 | 9.1 | 15.0 | 7.1% |
| United Kingdom | N/A | N/A | N/A | 2.1 | 0% |
| Finland | 49.2 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Total | 91.3 | 9.3 | 9.3 | 48.0 | -19.3% |
Top Suppliers of Albumins; Egg Albumin, Not Dried to Latvia in 2022:
- Ukraine (14.2 tons)
- Estonia (5.8 tons)
- United Kingdom (0.7 tons)
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