Price for Albumins; Egg Albumin, Dried in Singapore - 2022

Contents:

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

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

In 2022, the average albumins; egg albumin, dried import price amounted to $11,118 per ton, surging by 35% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $12,571 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($19,207 per ton), while the price for Denmark ($8,170 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average albumins; egg albumin, dried export price amounted to $18,901 per ton, jumping by 23% against the previous year. Over the period under review, the export price showed a pronounced expansion. The export price peaked at $24,804 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($51,333 per ton), while the average price for exports to Japan ($18,193 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 Japan (+24.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Albumins; Egg Albumin, Dried in Singapore

In 2022, albumins; egg albumin, dried imports into Singapore soared to 73 tons, growing by 110% against the year before. In general, imports showed a significant increase. 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 surged to $811K in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Albumins; Egg Albumin, Dried in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark91.882.812427844.7%
Italy79.7N/A11426749.6%
China61.646.720.613630.2%
Netherlands20.741.518.011577.1%
ArgentinaN/A1.44.813.2207.1%
India42.49.3N/AN/A-78.1%
Others0.221.34.31.491.3%
Total29620328681139.9%

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

  1. Denmark (34.0 tons)
  2. Italy (22.5 tons)
  3. China (9.0 tons)
  4. Netherlands (6.0 tons)
  5. Argentina (1.3 tons)

Exports of Albumins; Egg Albumin, Dried in Singapore

In 2022, exports of albumins; egg albumin, drieds from Singapore soared to 915 kg, growing by 20% against 2021. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,628%. As a result, the exports attained the peak of 1.6 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, albumins; egg albumin, dried exports surged to $17K in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,865% against the previous year. As a result, the exports attained the peak of $25K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Albumins; Egg Albumin, Dried in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A3.410.813.498.5%
MalaysiaN/A9.50.63.5-39.3%
Thailand0.711.4N/AN/A1528.6%
Others0.60.50.30.4-12.6%
Total1.324.811.817.3137.0%

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

  1. Japan (735.0 kg)
  2. Malaysia (168.0 kg)

Source: IndexBox Market Intelligence Platform

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