Price for Albumins; Albuminates and Other Albumin Derivatives in Malaysia - 2023
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in Malaysia (CIF) - 2022
- Price for Albumins; Albuminates and Other Albumin Derivatives in Malaysia (FOB) - 2022
- Imports of Albumins; Albuminates and Other Albumin Derivatives in Malaysia
- Exports of Albumins; Albuminates and Other Albumin Derivatives in Malaysia
Price for Albumins; Albuminates and Other Albumin Derivatives in Malaysia (CIF) - 2022
The average import price for albumins; albuminates and other albumin derivativeses stood at $7,868 per ton in 2022, growing by 53% against the previous year. Overall, the import price, however, recorded a pronounced descent. The import price peaked at $11,952 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 New Zealand ($19,059 per ton), while the price for Italy ($6,302 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+39.6%), while the prices for the other major suppliers experienced a decline.
Price for Albumins; Albuminates and Other Albumin Derivatives in Malaysia (FOB) - 2022
The average export price for albumins; albuminates and other albumin derivativeses stood at $1,839 per ton in 2022, surging by 29% against the previous year. In general, the export price enjoyed a temperate increase. The growth pace was the most rapid in 2019 when the average export price increased by 71%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($3,956 per ton), while the average price for exports to Indonesia amounted to $1,657 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+13.5%).
Imports of Albumins; Albuminates and Other Albumin Derivatives in Malaysia
In 2022, imports of albumins; albuminates and other albumin derivativeses into Malaysia soared to 1.6K tons, with an increase of 17% against the year before. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of albumins; albuminates and other albumin derivativeses soared to $12M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Albumins; Albuminates and Other Albumin Derivatives in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.4 | 2.8 | 3.5 | 4.0 | 18.6% |
| United States | 0.1 | 0.4 | 0.9 | 1.9 | 166.8% |
| India | 0.1 | 0.1 | 0.2 | 1.7 | 157.1% |
| New Zealand | N/A | 0.6 | 0.5 | 1.5 | 58.1% |
| Netherlands | 0.2 | 0.2 | 0.6 | 1.0 | 71.0% |
| France | 0.6 | 0.6 | 0.8 | 0.9 | 14.5% |
| Australia | N/A | N/A | N/A | 0.6 | 0% |
| Others | 0.5 | 0.3 | 0.5 | 0.9 | 21.6% |
| Total | 3.9 | 5.0 | 6.9 | 12.4 | 47.0% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Malaysia in 2022:
- Italy (641.3 tons)
- United States (260.2 tons)
- India (244.4 tons)
- France (129.0 tons)
- Netherlands (85.8 tons)
- New Zealand (78.2 tons)
- Australia (54.4 tons)
Exports of Albumins; Albuminates and Other Albumin Derivatives in Malaysia
In 2022, after three years of growth, there was significant decline in overseas shipments of albumins; albuminates and other albumin derivativeses, when their volume decreased by -35.7% to 337 tons. Overall, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by 62% against the previous year.
In value terms, exports of albumins; albuminates and other albumin derivativeses declined significantly to $619K in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 111% against the previous year.
| Export of Albumins; Albuminates and Other Albumin Derivatives in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 67.9 | 427 | 620 | 509 | 95.7% |
| Singapore | 210 | 169 | 126 | 105 | -20.6% |
| Others | 7.2 | 3.5 | 3.2 | 5.5 | -8.6% |
| Total | 285 | 600 | 749 | 619 | 29.5% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Malaysia in 2022:
- Indonesia (307.2 tons)
- Singapore (26.5 tons)
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