Price for Albumins; Egg Albumin, Not Dried in Belgium - 2023

Contents:

1. Price for Albumins; Egg Albumin, Not Dried in Belgium (FOB) - 2023
2. Price for Albumins; Egg Albumin, Not Dried in Belgium (CIF) - 2023
3. Exports of Albumins; Egg Albumin, Not Dried in Belgium
4. Imports of Albumins; Egg Albumin, Not Dried in Belgium

Price for Albumins; Egg Albumin, Not Dried in Belgium (FOB) - 2023

The average export price for albumins; egg albumin, not drieds stood at $3,063 per ton in August 2023, reducing by -1.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 15% m-o-m. The export price peaked at $3,782 per ton in April 2023; however, from May 2023 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was the UK ($3,590 per ton), while the average price for exports to South Korea ($1,675 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Albumins; Egg Albumin, Not Dried in Belgium (CIF) - 2023

The average import price for albumins; egg albumin, not drieds stood at $1,959 per ton in July 2023, surging by 48% against the previous month. In general, the import price, however, recorded a noticeable contraction. The import price peaked at $3,301 per ton in October 2022; however, from November 2022 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,698 per ton), while the price for the Netherlands ($1,771 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Albumins; Egg Albumin, Not Dried in Belgium

Albumins; egg albumin, not dried exports from Belgium expanded rapidly to 2.2K tons in 2022, with an increase of 10% compared with the previous year's figure. Overall, exports, however, continue to indicate a mild downturn. The pace of growth appeared the most rapid in 2021 with an increase of 15%.

In value terms, albumins; egg albumin, not dried exports soared to $6.3M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. United Kingdom (1326.2 tons)
2. France (567.1 tons)
3. Netherlands (96.8 tons)
4. Germany (52.7 tons)
5. Cyprus (44.7 tons)

Imports of Albumins; Egg Albumin, Not Dried in Belgium

In 2022, the amount of albumins; egg albumin, not drieds imported into Belgium skyrocketed to 2.9K tons, with an increase of 245% against 2021. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, albumins; egg albumin, not dried imports soared to $5.8M in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 142%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Netherlands (1630.2 tons)
2. France (1171.7 tons)
3. Germany (92.7 tons)

Source: IndexBox Market Intelligence Platform