Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Australia - 2024

Contents:

1. Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Australia (FOB) - 2022
2. Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Australia (CIF) - 2022
3. Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Australia
4. Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Australia

Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Australia (FOB) - 2022

The average export price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $198,664 per ton in 2022, dropping by -17.6% against the previous year. Over the period under review, the export price saw a slight downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 321%. Over the period under review, the average export prices attained the peak figure at $241,097 per ton in 2021, and then declined notably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($363,804 per ton), while the average price for exports to Germany ($172,873 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+13.8%), while the prices for the other major destinations experienced a decline.

Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Australia (CIF) - 2022

In 2022, the average import price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $11,844 per ton, increasing by 48% against the previous year. In general, the import price, however, continues to indicate a abrupt decline. The import price peaked at $87,532 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($11,846 per ton), while the price for New Zealand ($11,844 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-17.3%), while the prices for the other major suppliers experienced a decline.

Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Australia

In 2022, approx. 21 tons of albuminates and other albumin derivatives (excluding egg albumin)s were exported from Australia; with an increase of 31% on the year before. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 126%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s expanded notably to $4.2M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 64%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) from Australia in 2022:

1. Germany (18.1 tons)
2. China (1.2 tons)
3. United States (1.0 tons)
4. Argentina (0.2 tons)

Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Australia

In 2022, overseas purchases of albuminates and other albumin derivatives (excluding egg albumin)s decreased by -20.8% to 27 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 57% against the previous year. As a result, imports reached the peak of 50 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s soared to $318K in 2022. Overall, imports showed a abrupt decrease.

Top Suppliers of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) to Australia in 2022:

1. United States (19.4 tons)
2. New Zealand (4.6 tons)
3. Germany (2.8 tons)

Source: IndexBox Market Intelligence Platform