Price for Albumins; Egg Albumin, Not Dried in the Philippines - 2023
Contents:
- Price for Albumins; Egg Albumin, Not Dried in the Philippines (CIF) - 2022
- Imports of Albumins; Egg Albumin, Not Dried in the Philippines
Price for Albumins; Egg Albumin, Not Dried in the Philippines (CIF) - 2022
The average import price for albumins; egg albumin, not drieds stood at $7,753 per ton in 2022, with a decrease of -4.1% against the previous year. Over the period under review, the import price, however, saw perceptible growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 55%. The import price peaked at $14,870 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Singapore ($27,567 per ton), while the price for India ($3,951 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Albumins; Egg Albumin, Not Dried in the Philippines
In 2022, albumins; egg albumin, not dried imports into the Philippines declined remarkably to 19 tons, falling by -40.3% against 2021 figures. Over the period under review, imports, however, posted resilient growth. The growth pace was the most rapid in 2021 with an increase of 222% against the previous year. As a result, imports attained the peak of 33 tons, and then shrank dramatically in the following year.
In value terms, albumins; egg albumin, not dried imports reduced notably to $150K in 2022. In general, imports, however, enjoyed a slight expansion. The pace of growth was the most pronounced in 2021 with an increase of 99%. As a result, imports attained the peak of $263K, and then dropped markedly in the following year.
| Import of Albumins; Egg Albumin, Not Dried in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 28.9 | 26.6 | 38.0 | 87.5 | 44.7% |
| India | 9.6 | 19.0 | 79.7 | 44.3 | 66.5% |
| Singapore | 20.9 | 17.7 | 1.3 | 18.5 | -4.0% |
| Germany | 36.1 | 39.9 | 74.1 | N/A | 43.3% |
| Netherlands | 28.9 | 18.0 | 47.5 | N/A | 28.2% |
| Others | 17.8 | 11.0 | 22.3 | 0.1 | -82.2% |
| Total | 142 | 132 | 263 | 150 | 1.8% |
Top Suppliers of Albumins; Egg Albumin, Not Dried to the Philippines in 2022:
- India (11.2 tons)
- France (7.5 tons)
- Singapore (0.7 tons)
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