Albumins and Albuminates Prices in the United States

U.S. Albumins And Albuminates Export Price per Ton in June 2022

In June 2022, the albumins and albuminates price per ton amounted to $12.5K (FOB, US), almost unchanged from the previous month. Over the period from January 2022 to June 2022, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in March 2022 when the average export price increased by 5.6% m-o-m. The export price peaked at $12.8K per ton in April 2022; however, from May 2022 to June 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In June 2022, the country with the highest price was the UK ($19.3K per ton), while the average price for exports to South Korea ($8.9K per ton) was amongst the lowest.

From January 2022 to June 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

U.S. Albumins And Albuminates Exports

For the sixth month in a row, the United States recorded growth in shipments abroad of albumins, albuminates and other derivatives (excluding egg albumin), which increased by 5.9% to 6.1K tons in June 2022. The total export volume increased at an average monthly rate of +7.9% from January 2022 to June 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth was the most pronounced in February 2022 when exports increased by 29% month-to-month. The exports peaked in June 2022.

In value terms, albumins and albuminates exports rose markedly to $76M (IndexBox estimates) in June 2022. The total export value increased at an average monthly rate of +9.1% over the period from January 2022 to June 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in February 2022 with an increase of 26% against the previous month. The exports peaked in June 2022.

U.S. Albumins And Albuminates Exports by Country

Japan (1.6K tons), Canada (945 tons) and China (920 tons) were the main destinations of albumins and albuminates exports from the United States, together comprising 57% of total exports. These countries were followed by South Korea, Brazil, Thailand, India, Australia, the Netherlands, Singapore, the UK and South Africa, which together accounted for a further 35%.

From January 2022 to June 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +55.0%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($20M), Canada ($15M) and China ($10M) appeared to be the largest markets for albumins and albuminates exported from the United States worldwide, with a combined 59% share of total exports. These countries were followed by South Korea, Thailand, the Netherlands, Brazil, Australia, India, the UK, Singapore and South Africa, which together accounted for a further 32%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +48.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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