Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in the United States - 2023
Contents:
- Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in the United States (FOB) - 2022
- Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in the United States (CIF) - 2022
- Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in the United States
- Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in the United States
Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in the United States (FOB) - 2022
In 2022, the average export price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $34,226 per ton, jumping by 21% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average export price increased by 34%. The export price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($143,987 per ton), while the average price for exports to South Africa ($4,709 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in the United States (CIF) - 2022
The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $27,445 per ton in 2022, surging by 146% against the previous year. Overall, the import price showed a remarkable increase. The import price peaked at $31,080 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($350,548 per ton), while the price for Mexico ($1,747 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+49.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in the United States
In 2022, exports of albuminates and other albumin derivatives (excluding egg albumin)s from the United States contracted significantly to 1.1K tons, waning by -23.2% compared with 2021. Over the period under review, exports showed a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, the exports attained the peak of 1.4K tons, and then reduced notably in the following year.
In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s dropped to $38M in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 14% against the previous year.
| Export of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2.6 | 6.6 | 5.6 | 6.6 | 36.4% |
| Germany | 8.3 | 7.6 | 6.6 | 5.8 | -11.3% |
| France | 6.7 | 8.1 | 8.8 | 5.3 | -7.5% |
| United Kingdom | 1.2 | 0.8 | 4.4 | 4.5 | 55.4% |
| South Korea | 1.1 | 1.7 | 2.6 | 2.9 | 38.1% |
| Brazil | 3.3 | 1.8 | 1.6 | 2.3 | -11.3% |
| Canada | 3.1 | 2.2 | 1.7 | 2.0 | -13.6% |
| China | 1.6 | 3.8 | 4.2 | 1.4 | -4.4% |
| India | 0.7 | 0.8 | 0.6 | 0.8 | 4.6% |
| Australia | 0.4 | 0.3 | 0.2 | 0.4 | 0.0% |
| Taiwan (Chinese) | 0.1 | 0.2 | 0.3 | 0.4 | 58.7% |
| Turkey | 0.2 | N/A | N/A | 0.4 | 26.0% |
| South Africa | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 3.5 | 3.8 | 4.0 | 5.0 | 12.6% |
| Total | 33.0 | 37.6 | 40.8 | 37.9 | 4.7% |
Top Export Markets for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) from the United States in 2022:
- Japan (243.0 tons)
- United Kingdom (148.3 tons)
- Brazil (116.9 tons)
- France (99.9 tons)
- China (81.4 tons)
- Canada (72.4 tons)
- South Korea (69.4 tons)
- Germany (40.1 tons)
- Turkey (33.8 tons)
- South Africa (31.4 tons)
- India (29.7 tons)
- Taiwan (Chinese) (26.3 tons)
- Australia (21.8 tons)
Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in the United States
In 2022, after three years of growth, there was significant decline in supplies from abroad of albuminates and other albumin derivatives (excluding egg albumin)s, when their volume decreased by -79% to 680 tons. Over the period under review, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 160% against the previous year. As a result, imports attained the peak of 3.2K tons, and then shrank significantly in the following year.
In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s reduced sharply to $19M in 2022. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of $36M, and then shrank rapidly in the following year.
| Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 15.7 | 15.0 | 16.9 | 6.3 | -26.2% |
| New Zealand | 4.8 | 3.4 | 8.1 | 5.2 | 2.7% |
| Australia | 2.1 | 1.4 | 2.3 | 1.0 | -21.9% |
| Lithuania | 1.2 | 4.5 | 1.6 | 1.0 | -5.9% |
| Mexico | N/A | N/A | 1.5 | 0.1 | -93.3% |
| India | N/A | N/A | 1.8 | 0.1 | -94.4% |
| Others | 2.5 | 4.2 | 3.9 | 4.9 | 25.1% |
| Total | 26.3 | 28.5 | 36.2 | 18.7 | -10.7% |
Top Suppliers of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) to the United States in 2022:
- United Kingdom (243.3 tons)
- New Zealand (239.7 tons)
- Australia (81.1 tons)
- Mexico (51.6 tons)
- Lithuania (32.1 tons)
- India (7.0 tons)
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In value terms, albumins imports stood at $X in 2016. In general, albumins imports continue to indicate a prominent expansion. Over the period under review, global albumins imports attained its max...
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In value terms, albumins exports stood at $X in 2016. In general, albumins exports continue to indicate a prominent growth. Over the period under review, global albumins exports attained its maximu...
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