Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Egypt - 2023

Contents:

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

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

The average export price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $730 per ton in 2022, with a decrease of -10% against the previous year. Over the period under review, the export price saw a abrupt decrease. The growth pace was the most rapid in 2017 when the average export price increased by 25% against the previous year. The export price peaked at $1,306 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -5.7% per year.

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

The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $40,272 per ton in 2022, falling by -28% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 an increase of 134%. Over the period under review, average import prices reached the peak figure at $191,500 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +7.8% per year.

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

For the fourth consecutive year, Egypt recorded growth in shipments abroad of albuminates and other albumin derivatives (excluding egg albumin)s, which increased by 19% to 235 tons in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.1% 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 +86.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 32% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s rose notably to $172K in 2022. The total export value increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 7%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

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

1. Saudi Arabia (235.4 tons)

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

In 2022, purchases abroad of albuminates and other albumin derivatives (excluding egg albumin)s decreased by -59.8% to 471 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a sharp reduction. The growth pace was the most rapid in 2020 with an increase of 113% against the previous year. As a result, imports attained the peak of 2.3 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 shrank dramatically to $19K in 2022. In general, imports recorded a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 21%.

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

1. Germany (471.0 kg)

Source: IndexBox Market Intelligence Platform