Price for Albumins; Egg Albumin, Not Dried in Hong Kong SAR - 2022

Contents:

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

Price for Albumins; Egg Albumin, Not Dried in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for albumins; egg albumin, not drieds amounted to $1,574 per ton, declining by -29.2% against the previous year. In general, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2018 an increase of 100%. The import price peaked at $5,581 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +6.1% per year.

Price for Albumins; Egg Albumin, Not Dried in Hong Kong SAR (FOB) - 2022

In 2020, the average export price for albumins; egg albumin, not drieds amounted to $8,267 per ton, surging by 70% against the previous year. Over the period under review, the export price continues to indicate mild growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 70%. The export price peaked in 2020 and is expected to retain growth in the immediate term.

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

From 2014 to 2020, the rate of growth in terms of prices for the Philippines amounted to +69.6% per year.

Imports of Albumins; Egg Albumin, Not Dried in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in overseas purchases of albumins; egg albumin, not drieds, when their volume decreased by -86.7% to 55 tons. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 3,340% against the previous year. As a result, imports attained the peak of 411 tons, and then reduced sharply in the following year.

In value terms, albumins; egg albumin, not dried imports declined significantly to $86K in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,661% against the previous year. As a result, imports attained the peak of $915K, and then declined sharply in the following year.

Import of Albumins; Egg Albumin, Not Dried in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.84.055.078.3360.8%
Belgium1.62.555.1N/A486.8%
United States9.319.0176N/A335.0%
France7.35.6134N/A328.4%
Denmark2.56.6138N/A643.0%
Others16.014.23577.6-22.0%
Total37.551.991585.931.8%

Top Suppliers of Albumins; Egg Albumin, Not Dried to Hong Kong SAR in 2022:

  1. China (54.1 tons)

Exports of Albumins; Egg Albumin, Not Dried in Hong Kong SAR

In 2020, approx. 307 kg of albumins; egg albumin, not drieds were exported from Hong Kong SAR; declining by -60.2% against 2019 figures. Overall, exports recorded a dramatic curtailment.

In value terms, albumins; egg albumin, not dried exports contracted remarkably to $2.5K in 2020. Over the period under review, exports faced a dramatic slump.

Export of Albumins; Egg Albumin, Not Dried in Hong Kong SAR (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
IndonesiaN/A2.50%
Philippines3.8N/A0%
OthersN/AN/A0%
Total3.82.5-34.2%

Top Export Markets for Albumins; Egg Albumin, Not Dried from Hong Kong SAR in 2022:

  1. Indonesia (307.0 kg)

Source: IndexBox Market Intelligence Platform

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