Price for Albumins; Egg Albumin, Not Dried in Croatia - 2023

Contents:

  1. Price for Albumins; Egg Albumin, Not Dried in Croatia (CIF) - 2022
  2. Price for Albumins; Egg Albumin, Not Dried in Croatia (FOB) - 2022
  3. Imports of Albumins; Egg Albumin, Not Dried in Croatia
  4. Exports of Albumins; Egg Albumin, Not Dried in Croatia

Price for Albumins; Egg Albumin, Not Dried in Croatia (CIF) - 2022

The average import price for albumins; egg albumin, not drieds stood at $1,735 per ton in 2022, rising by 9.9% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2017 an increase of 24%. Over the period under review, average import prices hit record highs at $2,648 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,946 per ton), while the price for Latvia totaled $1,676 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+4.7%).

Price for Albumins; Egg Albumin, Not Dried in Croatia (FOB) - 2022

In 2022, the average export price for albumins; egg albumin, not drieds amounted to $2,345 per ton, with an increase of 17% against the previous year. Over the period under review, the export price, however, recorded a perceptible shrinkage. The export price peaked at $4,000 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -3.1% per year.

Imports of Albumins; Egg Albumin, Not Dried in Croatia

Albumins; egg albumin, not dried imports into Croatia rose remarkably to 25 tons in 2022, with an increase of 7.4% compared with 2021 figures. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, albumins; egg albumin, not dried imports surged to $43K in 2022. The total import value increased at an average annual rate of +12.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 32%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Albumins; Egg Albumin, Not Dried in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia27.126.529.833.06.8%
Italy2.92.26.59.749.6%
Hungary0.28.1N/AN/A3950.0%
OthersN/A3.2N/A0.2-75.0%
Total30.239.936.342.912.4%

Top Suppliers of Albumins; Egg Albumin, Not Dried to Croatia in 2022:

  1. Latvia (19.7 tons)
  2. Italy (5.0 tons)

Exports of Albumins; Egg Albumin, Not Dried in Croatia

In 2022, the amount of albumins; egg albumin, not drieds exported from Croatia plummeted to 3.5 tons, falling by -72.5% on the previous year's figure. Overall, exports faced a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year.

In value terms, albumins; egg albumin, not dried exports contracted notably to $8.3K in 2022. Over the period under review, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year.

Export of Albumins; Egg Albumin, Not Dried in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina28.020.825.88.3-33.3%
Montenegro1.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total29.420.825.88.3-34.4%

Top Export Markets for Albumins; Egg Albumin, Not Dried from Croatia in 2022:

  1. Bosnia and Herzegovina (3.5 tons)

Source: IndexBox Market Intelligence Platform

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