Price for Albumins; Egg Albumin, Dried in Italy - 2023

Contents:

  1. Price for Albumins; Egg Albumin, Dried in Italy (FOB) - 2023
  2. Price for Albumins; Egg Albumin, Dried in Italy (CIF) - 2022
  3. Exports of Albumins; Egg Albumin, Dried in Italy
  4. Imports of Albumins; Egg Albumin, Dried in Italy

Price for Albumins; Egg Albumin, Dried in Italy (FOB) - 2023

The average albumins; egg albumin, dried export price stood at $15,465 per ton in August 2023, declining by -8.6% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 9.7% against the previous month. Over the period under review, the average export prices attained the peak figure at $20,122 per ton in April 2023; however, from May 2023 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Israel ($19,878 per ton), while the average price for exports to Taiwan (Chinese) ($11,184 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Albumins; Egg Albumin, Dried in Italy (CIF) - 2022

The average albumins; egg albumin, dried import price stood at $9,110 per ton in 2022, picking up by 13% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2016 when the average import price increased by 85% against the previous year. The import price peaked at $10,302 per ton in 2017; however, from 2018 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 ($14,864 per ton), while the price for Poland ($6,724 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+237.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Albumins; Egg Albumin, Dried in Italy

For the third year in a row, Italy recorded decline in shipments abroad of albumins; egg albumin, drieds, which decreased by -3.8% to 8K tons in 2022. Overall, exports saw a abrupt shrinkage. The smallest decline of -1.2% was in 2021.

In value terms, albumins; egg albumin, dried exports skyrocketed to $102M in 2022. In general, exports, however, enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Albumins; Egg Albumin, Dried in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan17.814.820.331.921.5%
United Kingdom6.47.12.59.313.3%
Philippines1.51.62.16.865.5%
Taiwan (Chinese)2.93.14.16.329.5%
Spain2.52.23.15.933.1%
France3.02.22.84.312.7%
Malaysia1.71.62.43.830.8%
Germany1.72.02.33.426.0%
Thailand3.63.93.53.1-4.9%
Saudi Arabia0.30.80.92.8110.5%
Russia0.70.43.62.552.9%
Australia1.01.11.32.230.1%
Austria1.82.01.72.03.6%
Others13.212.013.717.29.2%
Total57.954.864.410220.8%

Top Export Markets for Albumins; Egg Albumin, Dried from Italy in 2022:

  1. Japan (2547.1 tons)
  2. United Kingdom (677.7 tons)
  3. Taiwan (Chinese) (502.4 tons)
  4. Saudi Arabia (490.8 tons)
  5. Philippines (433.1 tons)
  6. Spain (374.1 tons)
  7. France (299.5 tons)
  8. Malaysia (286.4 tons)
  9. Thailand (276.4 tons)
  10. Germany (236.4 tons)
  11. Russia (228.6 tons)
  12. Austria (156.6 tons)
  13. Australia (146.9 tons)

Imports of Albumins; Egg Albumin, Dried in Italy

In 2022, albumins; egg albumin, dried imports into Italy soared to 327 tons, jumping by 25% on the previous year's figure. In general, imports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by 85% against the previous year. As a result, imports reached the peak of 766 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, albumins; egg albumin, dried imports skyrocketed to $3M in 2022. Overall, imports recorded a prominent increase. The growth pace was the most rapid in 2020 when imports increased by 106%. As a result, imports attained the peak of $5.3M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Albumins; Egg Albumin, Dried in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5262,71197898223.1%
France4301,02637968116.6%
Germany52.472.846.9509113.4%
ArgentinaN/AN/AN/A2900%
Belgium306128151202-12.9%
ThailandN/AN/AN/A97.50%
JapanN/AN/AN/A73.60%
Poland95423.540644.9-63.9%
LithuaniaN/A1,239N/AN/A0%
Others28456.9153102-28.9%
Total2,5525,2572,1132,9815.3%

Top Suppliers of Albumins; Egg Albumin, Dried to Italy in 2022:

  1. Netherlands (106.8 tons)
  2. France (88.3 tons)
  3. Argentina (41.9 tons)
  4. Germany (37.9 tons)
  5. Belgium (13.6 tons)
  6. Thailand (12.0 tons)
  7. Japan (10.2 tons)
  8. Poland (6.7 tons)

Source: IndexBox Market Intelligence Platform

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