Price for Albumins; Albuminates and Other Albumin Derivatives in Peru - 2022

Contents:

1. Price for Albumins; Albuminates and Other Albumin Derivatives in Peru (FOB) - 2022
2. Price for Albumins; Albuminates and Other Albumin Derivatives in Peru (CIF) - 2022
3. Exports of Albumins; Albuminates and Other Albumin Derivatives in Peru
4. Imports of Albumins; Albuminates and Other Albumin Derivatives in Peru

Price for Albumins; Albuminates and Other Albumin Derivatives in Peru (FOB) - 2022

The average export price for albumins; albuminates and other albumin derivativeses stood at $9,040 per ton in 2022, picking up by 43% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $10,501 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 Ecuador ($11,121 per ton), while the average price for exports to South Korea ($6,075 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 Colombia (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Albumins; Albuminates and Other Albumin Derivatives in Peru (CIF) - 2022

In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $6,474 per ton, picking up by 15% against the previous year. In general, the import price, however, recorded a drastic downturn. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. The import price peaked at $10,822 per ton in 2012; however, from 2013 to 2022, 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 ($10,409 per ton), while the price for the United States ($5,568 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+11.4%), while the prices for the other major suppliers experienced a decline.

Exports of Albumins; Albuminates and Other Albumin Derivatives in Peru

In 2022, the amount of albumins; albuminates and other albumin derivativeses exported from Peru declined modestly to 582 tons, which is down by -4.9% compared with 2021 figures. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 66%. As a result, the exports reached the peak of 612 tons, and then declined modestly in the following year.

In value terms, exports of albumins; albuminates and other albumin derivativeses soared to $5.3M in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 90%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Peru in 2022:

1. Thailand (264.0 tons)
2. Chile (132.0 tons)
3. Colombia (104.0 tons)
4. South Korea (63.5 tons)
5. Ecuador (16.2 tons)

Imports of Albumins; Albuminates and Other Albumin Derivatives in Peru

After three years of growth, supplies from abroad of albumins; albuminates and other albumin derivativeses decreased by -23.7% to 270 tons in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% 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 +39.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 39%. As a result, imports attained the peak of 354 tons, and then declined significantly in the following year.

In value terms, imports of albumins; albuminates and other albumin derivativeses fell to $1.7M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +36.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports reached the peak of $2M, and then dropped in the following year.

Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Peru in 2022:

1. United States (212.7 tons)
2. Argentina (36.5 tons)
3. Belgium (20.9 tons)

Source: IndexBox Market Intelligence Platform