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

Contents:

  1. Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Portugal (CIF) - 2023
  2. Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Portugal (FOB) - 2022
  3. Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Portugal
  4. Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Portugal

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

The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $2,712 per ton in November 2023, waning by -44.9% against the previous month. Over the period under review, the import price, however, showed modest growth. The most prominent rate of growth was recorded in June 2023 an increase of 96% month-to-month. As a result, import price reached the peak level of $5,642 per ton. From July 2023 to November 2023, 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 Spain.

From November 2022 to November 2023, the rate of growth in terms of prices for Spain amounted to +1.0% per month.

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

In 2022, the average export price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $2,408 per ton, waning by -34.8% against the previous year. Overall, the export price, however, posted moderate growth. The most prominent rate of growth was recorded in 2020 an increase of 98% against the previous year. Over the period under review, the average export prices reached the peak figure at $94,818 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($3,038 per ton), while the average price for exports to France amounted to $2,263 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+49.9%).

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

In 2022, approx. 186 tons of albuminates and other albumin derivatives (excluding egg albumin)s were imported into Portugal; with an increase of 90% on the previous year's figure. Over the period under review, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s skyrocketed to $665K in 2022. Overall, imports, however, showed a noticeable downturn.

Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain27.6108211372138.0%
Belgium217150133215-0.3%
Denmark48.662.628.229.2-15.6%
Germany3855.110.711.8-68.7%
Others64.838.462.437.2-16.9%
Total743365445665-3.6%

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

  1. Spain (141.9 tons)
  2. Belgium (36.2 tons)
  3. Germany (4.0 tons)
  4. Denmark (3.6 tons)

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

In 2022, approx. 2.8 tons of albuminates and other albumin derivatives (excluding egg albumin)s were exported from Portugal; rising by 128% on the year before. Overall, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s skyrocketed to $6.7K in 2022. Over the period under review, exports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 144%. As a result, the exports reached the peak of $22K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A0.64.55.1191.5%
UruguayN/AN/AN/A1.60%
GermanyN/A1.1N/AN/A0%
Cabo Verde0.1N/AN/AN/A0%
Angola8.720.0N/AN/A129.9%
OthersN/AN/AN/AN/A0%
Total8.921.74.56.7-9.0%

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

  1. France (2.3 tons)
  2. Uruguay (0.5 tons)

Source: IndexBox Market Intelligence Platform

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