Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Panama - 2023
Contents:
- Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Panama (FOB) - 2022
- Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Panama (CIF) - 2022
- Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Panama
- Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Panama
Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Panama (FOB) - 2022
The average export price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $55,857 per ton in 2022, growing by 47% against the previous year. Over the period under review, the export price showed strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 109%. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Venezuela.
From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to +13.8% per year.
Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Panama (CIF) - 2022
In 2022, the average import price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $39,353 per ton, dropping by -2.6% against the previous year. Overall, the import price, however, saw a significant increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 409%. Over the period under review, average import prices hit record highs at $40,486 per ton in 2020; however, from 2021 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 the United States.
From 2013 to 2022, the rate of growth in terms of prices for China amounted to +39.5% per year.
Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Panama
In 2022, approx. 821 kg of albuminates and other albumin derivatives (excluding egg albumin)s were exported from Panama; shrinking by -18.4% on 2021. Over the period under review, exports faced a sharp contraction. The smallest decline of -18.3% was in 2021.
In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s surged to $46K in 2022. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.
| Export of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | 56.4 | 31.8 | 38.2 | 45.8 | -6.7% |
| Others | 7.2 | N/A | N/A | N/A | 0% |
| Total | 63.5 | 31.8 | 38.2 | 45.9 | -10.3% |
Top Export Markets for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) from Panama in 2022:
- Venezuela (819.0 kg)
Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Panama
Imports of albuminates and other albumin derivatives (excluding egg albumin)s into Panama rose slightly to 34 kg in 2022, growing by 3% compared with 2021. In general, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 1,415%. As a result, imports attained the peak of 621 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s amounted to $1.3K in 2022. Over the period under review, imports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 1,663% against the previous year. As a result, imports attained the peak of $25K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 0.1 | N/A | 1.3 | 260.6% |
| China | 1.4 | 24.3 | 1.3 | N/A | -3.6% |
| India | N/A | 0.3 | N/A | N/A | 0% |
| Others | N/A | 0.3 | 0.1 | N/A | -66.7% |
| Total | 1.4 | 25.1 | 1.3 | 1.3 | -2.4% |
Top Suppliers of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) to Panama in 2022:
- United States (34.0 kg)
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