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

Contents:

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

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

In 2022, the average import price for albumins; egg albumin, not drieds amounted to $1,742 per ton, surging by 17% against the previous year. In general, the import price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2019 an increase of 36% against the previous year. The import price peaked at $2,069 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Italy ($2,349 per ton), while the price for Austria ($1,474 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for albumins; egg albumin, not drieds amounted to $2,412 per ton, with an increase of 14% against the previous year. Overall, the export price, however, recorded a mild shrinkage. The growth pace was the most rapid in 2020 an increase of 85% against the previous year. As a result, the export price reached the peak level of $4,083 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Croatia ($2,978 per ton) and Austria ($2,947 per ton), while the average price for exports to Romania ($2,105 per ton) and Slovakia ($2,874 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Albumins; Egg Albumin, Not Dried in Hungary

In 2022, approx. 426 tons of albumins; egg albumin, not drieds were imported into Hungary; growing by 78% on 2021. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, albumins; egg albumin, not dried imports surged to $743K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Austria (168.5 tons)
2. Latvia (150.2 tons)
3. Italy (107.6 tons)

Exports of Albumins; Egg Albumin, Not Dried in Hungary

In 2022, approx. 16 tons of albumins; egg albumin, not drieds were exported from Hungary; jumping by 162% compared with the year before. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 465%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, albumins; egg albumin, not dried exports soared to $39K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 945% against the previous year. As a result, the exports reached the peak of $58K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

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

1. Romania (10.2 tons)
2. Croatia (3.2 tons)
3. Slovakia (1.5 tons)
4. Austria (1.2 tons)

Source: IndexBox Market Intelligence Platform