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

Contents:

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

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

The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $11,506 per ton in 2022, shrinking by -23.7% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for albuminates and other albumin derivatives (excluding egg albumin)s decreased by -41.0% against 2019 indices. The growth pace was the most rapid in 2016 when the average import price increased by 29%. The import price peaked at $19,515 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($21,000 per ton), while the price for Japan ($6,773 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $1,537 per ton, dropping by -6.5% against the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2015 an increase of 174%. The export price peaked at $13,044 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($70,333 per ton), while the average price for exports to Lao People's Democratic Republic amounted to $1,417 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+31.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of albuminates and other albumin derivatives (excluding egg albumin)s into Thailand soared to 10 tons, increasing by 174% on the year before. In general, imports recorded significant growth. 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 $121K in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A74.60%
United States38.341.255.444.24.9%
India0.20.40.50.535.7%
Others0.90.71.91.313.0%
Total39.442.357.712145.4%

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

  1. Canada (7.1 tons)
  2. United States (3.1 tons)
  3. India (0.1 tons)

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

In 2022, exports of albuminates and other albumin derivatives (excluding egg albumin)s from Thailand skyrocketed to 3.5 tons, jumping by 424% compared with the year before. In general, exports recorded a significant expansion. 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 soared to $5.3K in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic1.21.51.14.959.8%
Japan0.4N/AN/AN/A0%
OthersN/AN/AN/A0.40%
Total1.61.51.15.349.1%

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

  1. Lao People's Democratic Republic (3.5 tons)

Source: IndexBox Market Intelligence Platform

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