Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Hong Kong SAR - 2023

Contents:

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

Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Hong Kong SAR (CIF) - 2022

The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $5,859 per ton in 2022, with a decrease of -74.9% against the previous year. In general, the import price continues to indicate a significant decline. The pace of growth appeared the most rapid in 2013 an increase of 57% against the previous year. As a result, import price attained the peak level of $162,291 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to -2.1% per year.

Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Hong Kong SAR (FOB) - 2022

The average export price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $11,462 per ton in 2022, increasing by 8.8% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 257%. As a result, the export price attained the peak level of $227,762 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to -0.8% per year.

Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Hong Kong SAR

In 2022, supplies from abroad of albuminates and other albumin derivatives (excluding egg albumin)s decreased by -85.8% to 2.2 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2020 when imports increased by 37%. As a result, imports reached the peak of 22 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 declined rapidly to $13K in 2022. Over the period under review, imports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2020 when imports increased by 32%. As a result, imports reached the peak of $664K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Belgium (2.2 tons)

Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Hong Kong SAR

For the third consecutive year, Hong Kong SAR recorded decline in overseas shipments of albuminates and other albumin derivatives (excluding egg albumin)s, which decreased by -8.8% to 868 kg in 2022. In general, exports recorded a dramatic shrinkage. The smallest decline of -3.2% was in 2021.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s fell slightly to $9.9K in 2022. Over the period under review, exports showed a dramatic contraction.

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

1. China (868.0 kg)

Source: IndexBox Market Intelligence Platform