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

Contents:

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

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

In 2022, the average import price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $8,750 per ton, dropping by -14.8% against the previous year. Overall, the import price showed a pronounced decline. The pace of growth appeared the most rapid in 2014 an increase of 78% against the previous year. As a result, import price attained the peak level of $22,705 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($21,005 per ton), while the price for Australia ($6,719 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $4,247 per ton, picking up by 506% against the previous year. Over the period under review, the export price saw buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to -6.1% per year.

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

After two years of decline, supplies from abroad of albuminates and other albumin derivatives (excluding egg albumin)s increased by 98% to 14 tons in 2022. Overall, imports, however, recorded a abrupt setback.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s soared to $120K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.9% against 2020 indices.

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

1. Australia (10.0 tons)
2. Taiwan (Chinese) (2.2 tons)
3. Denmark (0.5 tons)
4. United Kingdom (0.5 tons)
5. Lithuania (0.3 tons)
6. United States (0.2 tons)

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

In 2022, the amount of albuminates and other albumin derivatives (excluding egg albumin)s exported from Malaysia shrank significantly to 600 kg, which is down by -96.7% compared with the previous year. Overall, exports recorded a sharp descent. The smallest decline of -6.4% was in 2021.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s shrank significantly to $2.5K in 2022. In general, exports continue to indicate a sharp shrinkage. The smallest decline of -14.7% was in 2021.

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

1. Myanmar (600.0 kg)

Source: IndexBox Market Intelligence Platform