South-Eastern Asia: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in South-Eastern Asia

The Southeast Asian albumins and albuminates market shrank dramatically to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, recorded a strong increase. Over the period under review, the market hit record highs at $X in 2021, and then fell markedly in the following year.

Albumins And Albuminates Production in South-Eastern Asia

In value terms, albumins and albuminates production fell sharply to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Albumins And Albuminates Exports

Exports in South-Eastern Asia

Albumins and albuminates exports stood at X tons in 2022, picking up by X% compared with the previous year. Over the period under review, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, albumins and albuminates exports surged to $X in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

Singapore dominates exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Malaysia (X tons), committing a X% share of total exports. Thailand (X tons) and Myanmar (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to albumins and albuminates exports from Singapore stood at X%. At the same time, Thailand (X%) and Myanmar (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore and Thailand increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest albumins and albuminates supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In Singapore, albumins and albuminates exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price enjoyed 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Albumins And Albuminates Imports

Imports in South-Eastern Asia

In 2022, approx. X tons of albumins, albuminates and other derivatives (excluding egg albumin) were imported in South-Eastern Asia; with a decrease of X% on the previous year. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, albumins and albuminates imports contracted to $X in 2022. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

Singapore represented the largest importing country with an import of around X tons, which reached X% of total imports. Indonesia (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (X%), Vietnam (X%) and Malaysia (X%). The Philippines (X tons) followed a long way behind the leaders.

Singapore was also the fastest-growing in terms of the albumins, albuminates and other derivatives (excluding egg albumin) imports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%), Indonesia (X%), Malaysia (X%) and Vietnam (X%) displayed positive paces of growth. By contrast, the Philippines (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore, Thailand and Indonesia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest albumins and albuminates importing markets in South-Eastern Asia were Singapore ($X), Indonesia ($X) and Vietnam ($X), together comprising X% of total imports.

In terms of the main importing countries, Singapore, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price showed a tangible expansion. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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