Price for Albumins; Egg Albumin, Dried in South Africa - 2023

Contents:

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

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

The average albumins; egg albumin, dried import price stood at $10,376 per ton in 2022, rising by 27% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, albumins; egg albumin, dried import price increased by +49.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 33% against the previous year. The import price peaked at $12,892 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 the United States ($169,667 per ton), while the price for France ($8,408 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average albumins; egg albumin, dried export price amounted to $15,208 per ton, with an increase of 7.5% against the previous year. In general, the export price showed a buoyant expansion. The pace of growth was the most pronounced in 2021 an increase of 206% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($25,519 per ton), while the average price for exports to Swaziland stood at $4,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Albumins; Egg Albumin, Dried in South Africa

Albumins; egg albumin, dried imports into South Africa skyrocketed to 258 tons in 2022, with an increase of 52% compared with the previous year's figure. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, albumins; egg albumin, dried imports skyrocketed to $2.7M in 2022. Overall, imports continue to indicate significant growth. 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 South Africa in 2022:

1. France (139.1 tons)
2. Italy (86.3 tons)
3. Belgium (19.5 tons)
4. Denmark (13.3 tons)

Exports of Albumins; Egg Albumin, Dried in South Africa

Albumins; egg albumin, dried exports from South Africa skyrocketed to 53 kg in 2022, picking up by 165% on the year before. Over the period under review, exports, however, saw a sharp setback. The growth pace was the most rapid in 2020 when exports increased by 188%. As a result, the exports reached the peak of 575 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, albumins; egg albumin, dried exports skyrocketed to $806 in 2022. Overall, exports, however, recorded a dramatic shrinkage.

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

1. Botswana (27.0 kg)
2. Swaziland (26.0 kg)

Source: IndexBox Market Intelligence Platform