Price for Albumins; Egg Albumin, Not Dried in Kuwait - 2021

Contents:

  1. Price for Albumins; Egg Albumin, Not Dried in Kuwait (CIF) - 2022
  2. Imports of Albumins; Egg Albumin, Not Dried in Kuwait

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

The average import price for albumins; egg albumin, not drieds stood at $3,067 per ton in 2022, surging by 10% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 16% against the previous year. Over the period under review, average import prices reached the peak figure at $3,361 per ton in 2012; however, from 2013 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 ($4,712 per ton), while the price for Saudi Arabia ($355 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 (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Albumins; Egg Albumin, Not Dried in Kuwait

In 2022, approx. 33 tons of albumins; egg albumin, not drieds were imported into Kuwait; picking up by 18% compared with 2021 figures. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 68%. As a result, imports attained the peak of 39 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, albumins; egg albumin, not dried imports surged to $102K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 77%. As a result, imports reached the peak of $126K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Albumins; Egg Albumin, Not Dried in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates23.432.928.532.511.6%
United States3.952.14.620.473.6%
Denmark5.38.519.513.135.2%
Italy6.49.79.111.421.2%
FranceN/AN/AN/A5.70%
Saudi Arabia0.40.40.30.3-9.1%
New ZealandN/A0.7N/AN/A0%
Bahrain19.06.5N/AN/A-65.8%
Others12.615.017.219.114.9%
Total71.112679.110212.8%

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

  1. United Arab Emirates (8.1 tons)
  2. Italy (6.4 tons)
  3. Denmark (4.7 tons)
  4. United States (4.3 tons)
  5. France (2.1 tons)
  6. Saudi Arabia (0.8 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Albumins; egg albumin, not dried - Kuwait