Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Bangladesh - 2022

Contents:

  1. Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Bangladesh (CIF) - 2022
  2. Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Bangladesh

Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Bangladesh (CIF) - 2022

In 2022, the average import price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $7,739 per ton, waning by -15.1% against the previous year. In general, the import price, however, posted resilient growth. The growth pace was the most rapid in 2013 when the average import price increased by 295% against the previous year. Over the period under review, average import prices attained the maximum at $14,729 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($132,500 per ton), while the price for Germany ($5,923 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Bangladesh

In 2022, purchases abroad of albuminates and other albumin derivatives (excluding egg albumin)s decreased by -68% to 1.2 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 373%. As a result, imports attained the peak of 3.7 tons, and then shrank sharply in the following year.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s dropped rapidly to $9.2K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 337%. As a result, imports reached the peak of $34K, and then reduced remarkably in the following year.

Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.32.816.74.247.8%
India1.11.70.30.3-35.2%
Singapore0.20.60.10.20.0%
Others1.92.716.84.533.3%
Total4.67.833.99.226.0%

Top Suppliers of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) to Bangladesh in 2022:

  1. Germany (715.0 kg)
  2. Singapore (12.0 kg)
  3. India (2.0 kg)

Source: IndexBox Market Intelligence Platform

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