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

Contents:

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

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

In 2022, the average import price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $29,854 per ton, which is down by -38.7% against the previous year. Over the period under review, the import price, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in 2018 an increase of 164%. As a result, import price attained the peak level of $71,520 per ton. From 2019 to 2022, the average 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 the United States ($26,115 per ton), while the price for New Zealand amounted to $23,069 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%).

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

In 2022, the average export price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $5,301 per ton, increasing by 49% against the previous year. In general, the export price recorded a buoyant increase. The growth pace was the most rapid in 2016 an increase of 197%. As a result, the export price attained the peak level of $9,109 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($31,723 per ton), while the average price for exports to Hong Kong SAR ($1,762 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 France (+0.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of albuminates and other albumin derivatives (excluding egg albumin)s increased by 45% to 97 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a dramatic downturn.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s dropped to $2.9M in 2022. In general, imports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 23%.

Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,2641,9711,5191,872-6.1%
New Zealand1,30682.9378522-26.3%
United Kingdom406189118220-18.5%
Singapore210N/AN/AN/A0%
Others5664071,240288-20.2%
Total4,7512,6493,2542,902-15.2%

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

  1. United States (71.7 tons)
  2. New Zealand (22.6 tons)
  3. United Kingdom (1.4 tons)

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

In 2022, the amount of albuminates and other albumin derivatives (excluding egg albumin)s exported from Canada skyrocketed to 29 tons, rising by 48% against 2021 figures. Over the period under review, exports, however, showed a dramatic setback.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s surged to $153K in 2022. In general, exports, however, saw a abrupt descent.

Export of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States99.622.334.81082.7%
South Korea5.79.18.312.630.3%
France1.8N/A0.110.278.3%
Taiwan (Chinese)7.78.810.29.78.0%
Poland9.77.38.89.0-2.5%
Turkey0.22.33.32.0115.4%
SingaporeN/AN/AN/A1.30%
Hong Kong SAR102N/AN/A0.1-90.1%
Others5.41.94.10.4-58.0%
Total23251.869.5153-13.0%

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

  1. South Korea (7.1 tons)
  2. France (5.8 tons)
  3. Taiwan (Chinese) (5.4 tons)
  4. Poland (5.0 tons)
  5. United States (3.4 tons)
  6. Turkey (1.1 tons)
  7. Singapore (0.7 tons)
  8. Hong Kong SAR (0.1 tons)

Source: IndexBox Market Intelligence Platform

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