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

Contents:

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

Price for Albumins; Egg Albumin, Dried in Japan (CIF) - 2023

The average albumins; egg albumin, dried import price stood at $18,058 per ton in July 2023, stabilizing at the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.2%. The growth pace was the most rapid in April 2023 an increase of 15% m-o-m. As a result, import price reached the peak level of $19,163 per ton. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($20,088 per ton), while the price for the United States ($13,049 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Albumins; Egg Albumin, Dried in Japan (FOB) - 2022

In 2022, the average albumins; egg albumin, dried export price amounted to $14,613 per ton, with an increase of 2.1% against the previous year. Over the period under review, the export price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2016 an increase of 46%. As a result, the export price attained the peak level of $20,813 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Mongolia ($19,113 per ton) and Hong Kong SAR ($18,935 per ton), while the average price for exports to Thailand ($14,334 per ton) and Vietnam ($14,449 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.3%), while the prices for the other major destinations experienced a decline.

Imports of Albumins; Egg Albumin, Dried in Japan

In 2022, supplies from abroad of albumins; egg albumin, drieds increased by 30% to 12K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, albumins; egg albumin, dried imports soared to $134M in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (3.3K tons)
2. Italy (2.8K tons)
3. Poland (1.6K tons)
4. United States (0.9K tons)
5. India (0.8K tons)
6. Germany (0.8K tons)
7. France (0.6K tons)

Exports of Albumins; Egg Albumin, Dried in Japan

In 2022, shipments abroad of albumins; egg albumin, drieds decreased by -24% to 5.2 tons, falling for the second consecutive year after two years of growth. In general, exports saw a dramatic shrinkage. The growth pace was the most rapid in 2020 with an increase of 116%. As a result, the exports attained the peak of 24 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, albumins; egg albumin, dried exports declined rapidly to $76K in 2022. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 99% against the previous year. As a result, the exports reached the peak of $276K. From 2021 to 2022, the growth of the exports failed to regain momentum.

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

1. Thailand (3.6 tons)
2. Vietnam (1.3 tons)
3. Hong Kong SAR (0.2 tons)
4. Mongolia (0.1 tons)

Source: IndexBox Market Intelligence Platform