Price for Albumins; Albuminates and Other Albumin Derivatives in China - 2023
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in China (CIF) - 2022
- Price for Albumins; Albuminates and Other Albumin Derivatives in China (FOB) - 2022
- Imports of Albumins; Albuminates and Other Albumin Derivatives in China
- Exports of Albumins; Albuminates and Other Albumin Derivatives in China
Price for Albumins; Albuminates and Other Albumin Derivatives in China (CIF) - 2022
The average import price for albumins; albuminates and other albumin derivativeses stood at $13,749 per ton in 2022, surging by 44% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 albumins; albuminates and other albumin derivativeses increased by +38.4% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($27,440 per ton), while the price for Argentina ($6,164 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Albumins; Albuminates and Other Albumin Derivatives in China (FOB) - 2022
In 2022, the average export price for albumins; albuminates and other albumin derivativeses amounted to $7,985 per ton, which is down by -39.5% against the previous year. In general, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 an increase of 173% against the previous year. The export price peaked at $22,720 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($16,000 per ton), while the average price for exports to Hong Kong SAR ($1,193 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 Saudi Arabia (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Albumins; Albuminates and Other Albumin Derivatives in China
In 2022, purchases abroad of albumins; albuminates and other albumin derivativeses decreased by -0.4% to 36K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 28% against the previous year. As a result, imports reached the peak of 40K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of albumins; albuminates and other albumin derivativeses soared to $499M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Albumins; Albuminates and Other Albumin Derivatives in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 75.9 | 92.1 | 85.5 | 143 | 23.5% |
| United States | 79.6 | 92.0 | 90.9 | 123 | 15.6% |
| New Zealand | 39.9 | 67.8 | 78.8 | 88.1 | 30.2% |
| Denmark | 44.1 | 37.0 | 45.4 | 60.3 | 11.0% |
| Australia | 45.8 | 28.6 | 16.4 | 33.4 | -10.0% |
| Netherlands | 5.0 | 4.1 | 7.1 | 19.4 | 57.1% |
| Others | 21.2 | 20.6 | 23.5 | 32.0 | 14.7% |
| Total | 312 | 342 | 348 | 499 | 16.9% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to China in 2022:
- Germany (11.7K tons)
- United States (10.0K tons)
- New Zealand (6.0K tons)
- Denmark (3.2K tons)
- Netherlands (1.7K tons)
- Australia (1.2K tons)
Exports of Albumins; Albuminates and Other Albumin Derivatives in China
In 2022, approx. 1.5K tons of albumins; albuminates and other albumin derivativeses were exported from China; increasing by 322% on 2021. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of albumins; albuminates and other albumin derivativeses skyrocketed to $12M in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Albumins; Albuminates and Other Albumin Derivatives in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 0.9 | N/A | 0.7 | 5,713 | 1751.6% |
| South Korea | 311 | 667 | 611 | 1,517 | 69.6% |
| Taiwan (Chinese) | N/A | 1.4 | 23.3 | 1,146 | 2761.1% |
| Malaysia | N/A | N/A | N/A | 592 | 0% |
| Hong Kong SAR | 308 | 361 | 134 | 470 | 15.1% |
| Indonesia | N/A | 192 | N/A | 0.1 | -97.7% |
| New Zealand | 3,272 | N/A | N/A | N/A | 0% |
| South Africa | N/A | 437 | N/A | N/A | 0% |
| Others | 1,890 | 4,303 | 3,953 | 2,638 | 11.8% |
| Total | 5,782 | 5,961 | 4,722 | 12,076 | 27.8% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from China in 2022:
- Taiwan (Chinese) (417.7 tons)
- Hong Kong SAR (394.0 tons)
- Thailand (391.5 tons)
- South Korea (208.8 tons)
- Malaysia (40.6 tons)
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