Price for Albumins; Albuminates and Other Albumin Derivatives in India - 2023
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in India (CIF) - 2023
- Price for Albumins; Albuminates and Other Albumin Derivatives in India (FOB) - 2022
- Imports of Albumins; Albuminates and Other Albumin Derivatives in India
- Exports of Albumins; Albuminates and Other Albumin Derivatives in India
Price for Albumins; Albuminates and Other Albumin Derivatives in India (CIF) - 2023
The average import price for albumins; albuminates and other albumin derivativeses stood at $6,502 per ton in October 2023, reducing by -1.7% against the previous month. Over the period under review, the import price saw a deep contraction. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 3.7% month-to-month. Over the period under review, average import prices hit record highs at $11,827 per ton in December 2022; however, from January 2023 to October 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the highest price was recorded for prices from the Netherlands ($8,238 per ton) and the UK ($8,217 per ton), while the price for France ($5,808 per ton) and Denmark ($5,905 per ton) were amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-4.2%), while the prices for the other major suppliers experienced a decline.
Price for Albumins; Albuminates and Other Albumin Derivatives in India (FOB) - 2022
In 2022, the average export price for albumins; albuminates and other albumin derivativeses amounted to $9,148 per ton, jumping by 32% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $12,286 per ton in 2015; however, from 2016 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 Malaysia ($13,873 per ton), while the average price for exports to Japan ($6,207 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 the Philippines (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Albumins; Albuminates and Other Albumin Derivatives in India
In 2022, the amount of albumins; albuminates and other albumin derivativeses imported into India shrank markedly to 13K tons, with a decrease of -24.8% compared with 2021 figures. Over the period under review, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 111% against the previous year. As a result, imports reached the peak of 18K tons, and then fell notably in the following year.
In value terms, imports of albumins; albuminates and other albumin derivativeses surged to $147M in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 164%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Albumins; Albuminates and Other Albumin Derivatives in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.7 | 2.6 | 26.8 | 38.7 | 183.4% |
| United States | 38.0 | 19.5 | 16.6 | 30.5 | -7.1% |
| New Zealand | 11.5 | 8.9 | 14.8 | 20.6 | 21.4% |
| United Kingdom | 0.8 | 1.4 | 13.8 | 12.3 | 148.7% |
| Germany | 2.4 | 1.6 | 9.2 | 10.2 | 62.0% |
| Netherlands | 3.6 | 4.7 | 11.5 | 9.7 | 39.2% |
| Denmark | 3.3 | 1.5 | 8.4 | 6.0 | 22.1% |
| Others | 4.7 | 6.2 | 21.3 | 19.2 | 59.9% |
| Total | 66.0 | 46.4 | 123 | 147 | 30.6% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to India in 2022:
- Poland (3.4K tons)
- United States (2.9K tons)
- New Zealand (2.1K tons)
- United Kingdom (1.0K tons)
- Netherlands (0.8K tons)
- Germany (0.8K tons)
- Denmark (0.6K tons)
Exports of Albumins; Albuminates and Other Albumin Derivatives in India
In 2022, shipments abroad of albumins; albuminates and other albumin derivativeses was finally on the rise to reach 2.8K tons after two years of decline. In general, total exports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $26M in 2022. Overall, exports continue to indicate significant growth. 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 India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 3.4 | 4.6 | 5.7 | 10.3 | 44.7% |
| Japan | 5.8 | 4.1 | 2.5 | 7.0 | 6.5% |
| Indonesia | 1.2 | 1.1 | 1.1 | 1.8 | 14.5% |
| Malaysia | 0.1 | 0.1 | 0.2 | 1.7 | 157.1% |
| Thailand | 0.9 | 0.5 | 0.3 | 1.7 | 23.6% |
| Philippines | 0.6 | 0.7 | 0.3 | 1.4 | 32.6% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.5 | 0.8 | 100.0% |
| Others | 1.0 | 0.7 | 0.7 | 1.2 | 6.3% |
| Total | 13.1 | 11.9 | 11.3 | 25.9 | 25.5% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from India in 2022:
- Japan (1126.6 tons)
- Vietnam (761.7 tons)
- Thailand (256.1 tons)
- Indonesia (235.0 tons)
- Malaysia (122.2 tons)
- Philippines (116.0 tons)
- Taiwan (Chinese) (62.0 tons)
446
This report provides an in-depth analysis of the albumins and albuminates market in India.
334
This report provides an in-depth analysis of the egg albumin market in India.
470
This report provides an in-depth analysis of the global albumins and albuminates market.
396
Global Egg Albumin Market Report 2018. This report provides an in-depth analysis of the global egg albumin market.
446
This report provides an in-depth analysis of the albumins and albuminates market in India.
334
This report provides an in-depth analysis of the egg albumin market in India.
470
This report provides an in-depth analysis of the global albumins and albuminates market.
396
Global Egg Albumin Market Report 2018. This report provides an in-depth analysis of the global egg albumin market.
1400
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...
1455
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...
1400
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...
1455
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...
