Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Morocco - 2023
Contents:
- Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Morocco (CIF) - 2022
- Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Morocco
Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Morocco (CIF) - 2022
The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $40,644 per ton in 2022, jumping by 110% against the previous year. In general, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 290%. Over the period under review, average import prices attained the maximum at $89,813 per ton in 2014; however, from 2015 to 2022, 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 Canada ($256,333 per ton), while the price for India ($15,840 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Morocco
Imports of albuminates and other albumin derivatives (excluding egg albumin)s into Morocco plummeted to 233 kg in 2022, which is down by -78.3% against 2021 figures. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 2,580% against the previous year. As a result, imports reached the peak of 1.1 tons, and then declined markedly in the following year.
In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s declined markedly to $9.5K in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 664%. As a result, imports reached the peak of $21K, and then contracted remarkably in the following year.
| Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 1.2 | 0.1 | 2.6 | 47.2% |
| Germany | 0.7 | N/A | 5.0 | 2.4 | 50.8% |
| Canada | N/A | 1.4 | 6.0 | 1.5 | 3.5% |
| India | 0.1 | 0.1 | 0.2 | 1.2 | 128.9% |
| Lithuania | N/A | N/A | 9.0 | N/A | 0% |
| Others | 0.1 | N/A | 0.4 | 1.7 | 157.1% |
| Total | 0.9 | 2.7 | 20.8 | 9.5 | 119.4% |
Top Suppliers of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) to Morocco in 2022:
- Germany (114.0 kg)
- India (75.0 kg)
- United States (35.0 kg)
- Canada (6.0 kg)
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