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

Contents:

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

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

The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $56,142 per ton in 2022, with a decrease of -33.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2015 an increase of 141%. As a result, import price reached the peak level of $509,181 per ton. From 2016 to 2022, the average import prices remained at a 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 ($278,415 per ton), while the price for Ireland ($5,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $273,987 per ton, falling by -28.7% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 244%. The export price peaked at $384,265 per ton in 2021, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($391,485 per ton), while the average price for exports to France ($4,219 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+228.7%), 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 Turkey

In 2022, imports of albuminates and other albumin derivatives (excluding egg albumin)s into Turkey soared to 25 tons, rising by 304% compared with the year before. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 411%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s surged to $1.4M in 2022. In general, imports recorded buoyant growth. 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 Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom79796.01491,10411.5%
Germany7.27.269.1126159.6%
United States29.732.210742.612.8%
France1.920.149.941.2178.9%
SwitzerlandN/AN/A59.60.2-99.7%
IrelandN/AN/A65.5N/A0%
Others4.248.613.262.5146.0%
Total8402045141,37717.9%

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

  1. United Kingdom (22.7 tons)
  2. France (0.7 tons)
  3. Germany (0.5 tons)
  4. United States (0.3 tons)

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

Exports of albuminates and other albumin derivatives (excluding egg albumin)s from Turkey soared to 713 kg in 2022, with an increase of 59% compared with 2021. In general, exports showed significant growth. As a result, the exports attained 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 expanded remarkably to $195K in 2022. Overall, exports posted 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 Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IranN/AN/A172157-8.7%
RussiaN/AN/AN/A37.30%
FranceN/AN/A0.10.10.0%
Saudi Arabia19.9N/AN/AN/A0%
Others0.1N/A0.61.4141.0%
Total20.0N/A173195113.6%

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

  1. Iran (400.0 kg)
  2. Russia (267.0 kg)
  3. France (32.0 kg)

Source: IndexBox Market Intelligence Platform

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