Price for Albumins; Egg Albumin, Dried in China - 2023

Contents:

1. Price for Albumins; Egg Albumin, Dried in China (FOB) - 2023
2. Price for Albumins; Egg Albumin, Dried in China (CIF) - 2022
3. Exports of Albumins; Egg Albumin, Dried in China
4. Imports of Albumins; Egg Albumin, Dried in China

Price for Albumins; Egg Albumin, Dried in China (FOB) - 2023

The average albumins; egg albumin, dried export price stood at $15,661 per ton in September 2023, with a decrease of -6.3% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average export price increased by 14% m-o-m. As a result, the export price reached the peak level of $17,085 per ton. From August 2023 to September 2023, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In September 2023, the country with the highest price was Singapore ($14,300 per ton), while the average price for exports to Malaysia amounted to $14,200 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.4%), while the prices for the other major destinations experienced a decline.

Price for Albumins; Egg Albumin, Dried in China (CIF) - 2022

In 2022, the average albumins; egg albumin, dried import price amounted to $34,145 per ton, growing by 36% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 97% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($184,111 per ton), while the price for Spain stood at $19,496 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Albumins; Egg Albumin, Dried in China

Albumins; egg albumin, dried exports from China surged to 182 tons in 2022, with an increase of 143% compared with the previous year. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, albumins; egg albumin, dried exports shrank to $717K in 2022. The total export value increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 39%.

Top Export Markets for Albumins; Egg Albumin, Dried from China in 2022:

1. Thailand (58.4 tons)
2. Malaysia (40.0 tons)
3. South Korea (10.6 tons)
4. Pakistan (4.0 tons)

Imports of Albumins; Egg Albumin, Dried in China

In 2022, approx. 2.9 tons of albumins; egg albumin, drieds were imported into China; waning by -84.3% against 2021. Over the period under review, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 20%.

In value terms, albumins; egg albumin, dried imports reduced markedly to $101K in 2022. Overall, imports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 136%. As a result, imports attained the peak of $469K, and then fell significantly in the following year.

Top Suppliers of Albumins; Egg Albumin, Dried to China in 2022:

1. Spain (2.7 tons)
2. United States (0.3 tons)

Source: IndexBox Market Intelligence Platform