Price for Albumins; Egg Albumin, Not Dried in Sri Lanka - 2021

Contents:

  1. Price for Albumins; Egg Albumin, Not Dried in Sri Lanka (CIF) - 2022
  2. Price for Albumins; Egg Albumin, Not Dried in Sri Lanka (FOB) - 2022
  3. Imports of Albumins; Egg Albumin, Not Dried in Sri Lanka
  4. Exports of Albumins; Egg Albumin, Not Dried in Sri Lanka

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

The average import price for albumins; egg albumin, not drieds stood at $18,658 per ton in 2022, jumping by 82% against the previous year. In general, the import price recorded temperate growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 115% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($23,353 per ton), while the price for India amounted to $9,080 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+37.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for albumins; egg albumin, not drieds stood at $9,800 per ton in 2022, dropping by -7% against the previous year. In general, the export price, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2016 an increase of 81% against the previous year. The export price peaked at $10,538 per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +7.5% per year.

Imports of Albumins; Egg Albumin, Not Dried in Sri Lanka

In 2022, overseas purchases of albumins; egg albumin, not drieds decreased by -41.1% to 76 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 514%. As a result, imports attained the peak of 129 kg, and then contracted rapidly in the following year.

In value terms, albumins; egg albumin, not dried imports expanded remarkably to $1.4K in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 629% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Albumins; Egg Albumin, Not Dried in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia51.01277371,191185.8%
India7.039.0487227218.9%
South Korea5.012.060.0N/A246.4%
Others2.03.035.0N/A318.3%
Total65.01811,3191,418179.4%

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

  1. Malaysia (51.0 kg)
  2. India (25.0 kg)

Exports of Albumins; Egg Albumin, Not Dried in Sri Lanka

In 2022, albumins; egg albumin, not dried exports from Sri Lanka shrank markedly to 10 kg, with a decrease of -23.1% compared with 2021 figures. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 117%.

In value terms, albumins; egg albumin, not dried exports declined notably to $98 in 2022. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 128%.

Export of Albumins; Egg Albumin, Not Dried in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives13960.013798.0-11.0%
OthersN/AN/AN/AN/A0%
Total13960.013798.0-11.0%

Top Export Markets for Albumins; Egg Albumin, Not Dried from Sri Lanka in 2022:

  1. Maldives (10.0 kg)

Source: IndexBox Market Intelligence Platform

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