Price for Albumins; Egg Albumin, Not Dried in Singapore - 2022

Contents:

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

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

In September 2022, the average import price for albumins; egg albumin, not drieds amounted to $3,099 per ton, growing by 7.1% against the previous month. In general, import price indicated pronounced growth from September 2021 to September 2022: its price increased at an average monthly rate of +4.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, albumins; egg albumin, not dried import price decreased by -4.6% against July 2022 indices. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 28% month-to-month. The import price peaked at $3,249 per ton in July 2022; however, from August 2022 to September 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was New Zealand ($4,830 per ton), while the price for Malaysia totaled $2,850 per ton.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.8%).

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

The average export price for albumins; egg albumin, not drieds stood at $8,006 per ton in 2022, surging by 80% against the previous year. Over the period under review, the export price showed a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($115,000 per ton), while the average price for exports to Maldives stood at $3,955 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+57.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Albumins; Egg Albumin, Not Dried in Singapore

In 2022, approx. 481 tons of albumins; egg albumin, not drieds were imported into Singapore; increasing by 55% against 2021 figures. In general, imports showed a resilient expansion. 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 soared to $974K in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Albumins; Egg Albumin, Not Dried in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia48342251887622.0%
New Zealand30.631.377.274.334.4%
Others8.530.013.224.642.5%
Total52248360997423.1%

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

  1. Malaysia (453.0 tons)
  2. New Zealand (21.8 tons)

Exports of Albumins; Egg Albumin, Not Dried in Singapore

In 2022, the amount of albumins; egg albumin, not drieds exported from Singapore dropped significantly to 466 kg, falling by -20.9% compared with the previous year. Overall, exports continue to indicate a precipitous slump.

In value terms, albumins; egg albumin, not dried exports soared to $3.7K in 2022. Over the period under review, exports recorded a sharp contraction.

Export of Albumins; Egg Albumin, Not Dried in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia5.33.40.32.0-27.7%
Maldives3.4N/A2.11.8-19.1%
Others1.51.90.2N/A-63.5%
Total10.25.22.63.7-28.7%

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

  1. Maldives (449.0 kg)
  2. Indonesia (17.0 kg)

Source: IndexBox Market Intelligence Platform

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