Price for Albumins; Albuminates and Other Albumin Derivatives in Thailand - 2024
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in Thailand (CIF) - 2024
- Price for Albumins; Albuminates and Other Albumin Derivatives in Thailand (FOB) - 2022
- Imports of Albumins; Albuminates and Other Albumin Derivatives in Thailand
- Exports of Albumins; Albuminates and Other Albumin Derivatives in Thailand
Price for Albumins; Albuminates and Other Albumin Derivatives in Thailand (CIF) - 2024
In November 2023, the average import price for albumins; albuminates and other albumin derivativeses amounted to $11,726 per ton, growing by 29% against the previous month. Over the period under review, the import price, however, showed a pronounced setback. The growth pace was the most rapid in May 2023 an increase of 33% against the previous month. As a result, import price attained the peak level of $17,765 per ton. From June 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($86,906 per ton), while the price for India ($9,967 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by France (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Albumins; Albuminates and Other Albumin Derivatives in Thailand (FOB) - 2022
In 2022, the average export price for albumins; albuminates and other albumin derivativeses amounted to $1,215 per ton, dropping by -44.7% against the previous year. In general, the export price showed a deep reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices hit record highs at $4,113 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($8,377 per ton), while the average price for exports to Lao People's Democratic Republic totaled $795 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+17.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Albumins; Albuminates and Other Albumin Derivatives in Thailand
Imports of albumins; albuminates and other albumin derivativeses into Thailand expanded slightly to 3.5K tons in 2022, surging by 1.6% compared with the previous year. The total import volume increased at an average annual rate of +12.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 42%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of albumins; albuminates and other albumin derivativeses soared to $36M in 2022. Over the period under review, imports showed a significant expansion. 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 Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.2 | 5.7 | 5.5 | 8.4 | 56.3% |
| China | N/A | N/A | N/A | 6.5 | 0% |
| Netherlands | 1.7 | 0.8 | 3.3 | 4.8 | 41.3% |
| Italy | 3.1 | 3.2 | 4.8 | 3.7 | 6.1% |
| Peru | 0.7 | 1.6 | 1.8 | 2.5 | 52.9% |
| Belgium | 0.9 | 1.1 | 1.3 | 1.8 | 26.0% |
| India | 0.9 | 0.5 | 0.3 | 1.6 | 21.1% |
| France | 1.2 | 1.2 | 1.1 | 1.6 | 10.1% |
| New Zealand | 0.3 | 0.9 | 1.0 | 1.4 | 67.1% |
| Poland | 0.1 | 0.2 | 1.0 | 0.9 | 108.0% |
| Denmark | 0.4 | 0.5 | 0.7 | 0.8 | 26.0% |
| Australia | N/A | N/A | N/A | 0.6 | 0% |
| Ukraine | 1.2 | 1.3 | 0.7 | N/A | -23.6% |
| Others | 0.4 | 0.4 | 0.6 | 1.6 | 58.7% |
| Total | 13.2 | 17.4 | 22.0 | 36.2 | 40.0% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Thailand in 2022:
- United States (1021.5 tons)
- Netherlands (451.1 tons)
- China (450.4 tons)
- Italy (347.2 tons)
- Peru (286.0 tons)
- Belgium (136.8 tons)
- France (133.0 tons)
- Australia (124.0 tons)
- Poland (114.2 tons)
- India (111.3 tons)
- New Zealand (107.8 tons)
- Denmark (59.9 tons)
Exports of Albumins; Albuminates and Other Albumin Derivatives in Thailand
In 2022, exports of albumins; albuminates and other albumin derivativeses from Thailand surged to 418 tons, rising by 85% on the previous year. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 888%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of albumins; albuminates and other albumin derivativeses amounted to $508K in 2022. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 428%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Albumins; Albuminates and Other Albumin Derivatives in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | 71.0 | 39.9 | 338 | 315 | 64.3% |
| Myanmar | N/A | 18.7 | 28.6 | 158 | 190.7% |
| South Korea | 18.1 | 8.0 | N/A | N/A | -55.8% |
| India | 171 | N/A | N/A | N/A | 0% |
| Others | 59.4 | 27.6 | 131 | 35.2 | -16.0% |
| Total | 320 | 94.2 | 497 | 508 | 16.7% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Thailand in 2022:
- Lao People's Democratic Republic (396.4 tons)
- Myanmar (18.8 tons)
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