Price for Albumins; Egg Albumin, Not Dried in Vietnam - 2022

Contents:

  1. Price for Albumins; Egg Albumin, Not Dried in Vietnam (CIF) - 2022
  2. Imports of Albumins; Egg Albumin, Not Dried in Vietnam

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

In November 2022, the average import price for albumins; egg albumin, not drieds amounted to $1,934 per ton, leveling off at the previous month. Over the period under review, the import price enjoyed a notable increase. The import price peaked in November 2022.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From December 2021 to November 2022, the rate of growth in terms of prices for Belgium amounted to +2.6% per month.

Imports of Albumins; Egg Albumin, Not Dried in Vietnam

In 2022, overseas purchases of albumins; egg albumin, not drieds decreased by -3.6% to 193 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 7.8% against the previous year. As a result, imports attained the peak of 200 tons, and then fell slightly in the following year.

In value terms, albumins; egg albumin, not dried imports declined to $282K in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 6.7% against the previous year. As a result, imports attained the peak of $291K, and then contracted slightly in the following year.

Import of Albumins; Egg Albumin, Not Dried in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium17516224023410.2%
India63.838.527.023.5-28.3%
China8.719.715.415.019.9%
Netherlands14.09.77.87.8-17.7%
Others2.542.80.81.3-19.6%
Total2642732912822.2%

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

  1. Belgium (159.6 tons)
  2. China (22.2 tons)
  3. India (7.1 tons)
  4. Netherlands (3.2 tons)

Source: IndexBox Market Intelligence Platform

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