Price for Albumins; Albuminates and Other Albumin Derivatives in Japan - 2023
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in Japan (CIF) - 2023
- Price for Albumins; Albuminates and Other Albumin Derivatives in Japan (FOB) - 2022
- Imports of Albumins; Albuminates and Other Albumin Derivatives in Japan
- Exports of Albumins; Albuminates and Other Albumin Derivatives in Japan
Price for Albumins; Albuminates and Other Albumin Derivatives in Japan (CIF) - 2023
The average import price for albumins; albuminates and other albumin derivativeses stood at $7,591 per ton in November 2023, declining by -12.3% against the previous month. Overall, the import price recorded a abrupt shrinkage. The pace of growth was the most pronounced in December 2022 when the average import price increased by 5% month-to-month. As a result, import price reached the peak level of $14,680 per ton. From January 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($14,426 per ton), while the price for the United States ($5,899 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.7%), while the prices for the other major suppliers experienced a decline.
Price for Albumins; Albuminates and Other Albumin Derivatives in Japan (FOB) - 2022
The average export price for albumins; albuminates and other albumin derivativeses stood at $30,331 per ton in 2022, dropping by -23.3% against the previous year. Over the period under review, the export price recorded a deep reduction. The growth pace was the most rapid in 2017 an increase of 165% against the previous year. The export price peaked at $79,531 per ton in 2012; however, from 2013 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 South Korea ($55,026 per ton), while the average price for exports to Hong Kong SAR ($9,311 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 Thailand (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Albumins; Albuminates and Other Albumin Derivatives in Japan
In 2022, approx. 42K tons of albumins; albuminates and other albumin derivativeses were imported into Japan; rising by 17% on the previous year. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +54.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of albumins; albuminates and other albumin derivativeses surged to $490M in 2022. Overall, imports posted a significant increase. 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 Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 42.3 | 64.0 | 92.9 | 176 | 60.8% |
| Germany | 17.2 | 18.9 | 50.8 | 75.0 | 63.4% |
| New Zealand | 49.4 | 49.3 | 52.6 | 61.0 | 7.3% |
| Netherlands | 25.6 | 25.4 | 28.6 | 57.7 | 31.1% |
| Italy | 19.7 | 15.5 | 17.7 | 29.8 | 14.8% |
| Australia | 5.4 | 7.1 | 11.7 | 16.2 | 44.2% |
| Denmark | 11.9 | 13.3 | 15.2 | 15.6 | 9.4% |
| United Kingdom | 0.3 | 0.3 | 0.9 | 12.1 | 242.9% |
| Poland | 1.5 | 2.4 | 5.7 | 10.6 | 91.9% |
| France | 5.3 | 6.2 | 6.0 | 9.3 | 20.6% |
| Argentina | 2.4 | 1.5 | 2.1 | 7.6 | 46.8% |
| India | 4.7 | 5.5 | 3.1 | 5.6 | 6.0% |
| Others | 8.4 | 6.9 | 6.8 | 13.3 | 16.6% |
| Total | 194 | 216 | 294 | 490 | 36.2% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Japan in 2022:
- United States (13.9K tons)
- Germany (6.6K tons)
- New Zealand (4.7K tons)
- Netherlands (4.5K tons)
- Italy (2.8K tons)
- Poland (1.6K tons)
- United Kingdom (1.6K tons)
- Australia (1.5K tons)
- Denmark (1.3K tons)
- India (0.8K tons)
- France (0.7K tons)
- Argentina (0.7K tons)
Exports of Albumins; Albuminates and Other Albumin Derivatives in Japan
In 2022, exports of albumins; albuminates and other albumin derivativeses from Japan surged to 15 tons, with an increase of 16% on 2021. Overall, exports, however, faced a precipitous decrease. The pace of growth was the most pronounced in 2020 when exports increased by 39% against the previous year. As a result, the exports attained the peak of 40 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of albumins; albuminates and other albumin derivativeses reduced to $443K in 2022. Over the period under review, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, the exports attained the peak of $842K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Albumins; Albuminates and Other Albumin Derivatives in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 257 | 294 | 118 | 227 | -4.1% |
| Thailand | 136 | 214 | 91.8 | 51.8 | -27.5% |
| South Korea | 4.6 | 4.5 | 74.2 | 46.7 | 116.5% |
| Hong Kong SAR | 88.8 | 32.1 | 22.6 | 34.4 | -27.1% |
| Vietnam | N/A | 61.6 | 4.2 | 19.1 | -44.3% |
| United States | 193 | 161 | 80.7 | N/A | -35.3% |
| Others | 4.5 | 74.3 | 104 | 64.4 | 142.8% |
| Total | 684 | 842 | 496 | 443 | -13.5% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Japan in 2022:
- Taiwan (Chinese) (4.9 tons)
- Hong Kong SAR (3.7 tons)
- Thailand (3.6 tons)
- Vietnam (1.3 tons)
- South Korea (0.8 tons)
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