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

Contents:

  1. Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Venezuela (CIF) - 2022
  2. Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Venezuela

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

The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $382,207 per ton in 2022, surging by 37% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. The growth pace was the most rapid in 2017 when the average import price increased by 2,840%. As a result, import price reached the peak level of $1,138,625 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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 Belgium ($392,500 per ton), while the price for the United States totaled $94,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.8%).

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

In 2022, overseas purchases of albuminates and other albumin derivatives (excluding egg albumin)s decreased by -34.1% to 29 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 1,200%. As a result, imports reached the peak of 65 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s shrank to $11K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 303%. As a result, imports reached the peak of $14K. 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 Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/A5.85.5-5.2%
United States3.46.7N/A0.1-69.1%
GermanyN/A3.40.4N/A-88.2%
OthersN/A3.46.15.527.2%
Total3.413.512.211.148.3%

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

  1. Belgium (14.0 kg)
  2. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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