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

Contents:

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

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

In September 2023, the average albumins; egg albumin, dried import price amounted to $12,694 per ton, shrinking by -14.8% against the previous month. In general, the import price recorded a slight contraction. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 14% m-o-m. As a result, import price reached the peak level of $18,333 per ton. From May 2023 to September 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 September 2023, the country with the highest price was Belgium ($18,778 per ton), while the price for India ($11,250 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average albumins; egg albumin, dried export price amounted to $9,092 per ton, increasing by 7.4% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 60%. The export price peaked at $11,018 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($9,842 per ton), while the average price for exports to Saudi Arabia ($3,464 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 Myanmar (+17.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Albumins; Egg Albumin, Dried in Thailand

In 2022, overseas purchases of albumins; egg albumin, drieds decreased by -8.2% to 2K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 2.2K tons, and then shrank in the following year.

In value terms, albumins; egg albumin, dried imports soared to $24M in 2022. Overall, imports, however, enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Albumins; Egg Albumin, Dried in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A6.50%
Netherlands1.60.83.24.642.2%
Italy3.13.24.83.76.1%
Peru0.71.61.82.552.9%
Belgium0.91.11.31.826.0%
India0.50.30.31.647.4%
France1.21.11.11.610.1%
Ukraine1.21.20.6N/A-29.3%
Others0.81.02.11.933.4%
Total10.010.315.324.234.3%

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

  1. China (448.0 tons)
  2. Netherlands (358.7 tons)
  3. Italy (347.2 tons)
  4. Peru (286.0 tons)
  5. Belgium (136.8 tons)
  6. France (130.9 tons)
  7. India (111.3 tons)

Exports of Albumins; Egg Albumin, Dried in Thailand

In 2022, approx. 5.1 tons of albumins; egg albumin, drieds were exported from Thailand; shrinking by -28.9% compared with the previous year. Overall, exports recorded a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 7%.

In value terms, albumins; egg albumin, dried exports reduced markedly to $46K in 2022. In general, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year.

Export of Albumins; Egg Albumin, Dried in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar9.712.19.743.164.4%
Lao People's Democratic Republic9.610.14.62.2-38.8%
Saudi ArabiaN/AN/AN/A0.30%
India155N/AN/AN/A0%
Indonesia49.712.0N/AN/A-75.9%
PakistanN/AN/A45.3N/A0%
Others1.70.90.60.4-38.3%
Total22635.160.246.0-41.2%

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

  1. Myanmar (4.4 tons)
  2. Lao People's Democratic Republic (0.6 tons)
  3. Saudi Arabia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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