Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in India - 2023
Contents:
- Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in India (CIF) - 2023
- Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in India (FOB) - 2022
- Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in India
- Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in India
Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in India (CIF) - 2023
The average import price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $7,141 per ton in November 2023, increasing by 5.9% against the previous month. Over the period under review, the import price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in January 2023 when the average import price increased by 77% month-to-month. The import price peaked at $74,507 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Poland.
From November 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to +2.6% per month.
Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in India (FOB) - 2022
The average export price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $91,822 per ton in 2022, increasing by 164% against the previous year. In general, the export price saw significant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 473%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($687,347 per ton), while the average price for exports to Russia ($5,507 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+66.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in India
In 2022, approx. 278 tons of albuminates and other albumin derivatives (excluding egg albumin)s were imported into India; jumping by 16% on the previous year. Over the period under review, imports, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year.
In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s skyrocketed to $2.7M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 46%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 349 | 171 | 835 | 1,199 | 50.9% |
| Poland | 36.2 | N/A | 7.1 | 980 | 200.3% |
| Germany | 23.1 | 47.5 | 214 | 389 | 156.3% |
| Netherlands | N/A | 78.1 | 26.0 | 117 | 22.4% |
| United States | 1,515 | 630 | 177 | 10.1 | -81.2% |
| United Kingdom | N/A | 8.6 | 568 | 0.2 | -84.8% |
| Australia | 55.0 | 170 | N/A | N/A | 209.1% |
| Turkey | N/A | 35.8 | 47.4 | N/A | 32.4% |
| Others | 273 | 216 | 98.9 | 6.9 | -70.7% |
| Total | 2,251 | 1,356 | 1,974 | 2,702 | 6.3% |
Top Suppliers of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) to India in 2022:
- Poland (154.8 tons)
- Ireland (74.2 tons)
- Germany (38.3 tons)
- Netherlands (8.8 tons)
- United States (1.3 tons)
Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in India
Exports of albuminates and other albumin derivatives (excluding egg albumin)s from India surged to 2.5 tons in 2022, with an increase of 141% against 2021 figures. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s skyrocketed to $230K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 8.2 | 91.6 | 1017.1% |
| United States | 2.5 | N/A | 2.6 | 69.4 | 202.8% |
| Thailand | 4.5 | 2.8 | 5.4 | 13.6 | 44.6% |
| Paraguay | N/A | N/A | N/A | 11.7 | 0% |
| Nepal | 1.1 | 2.4 | 1.0 | 10.6 | 112.8% |
| Indonesia | 1.6 | 2.3 | 4.4 | 5.2 | 48.1% |
| Canada | 0.9 | N/A | N/A | 4.8 | 74.7% |
| Nigeria | N/A | N/A | 1.6 | 3.4 | 112.5% |
| Russia | N/A | N/A | 1.6 | 2.3 | 43.7% |
| Sri Lanka | 0.4 | 0.1 | 0.3 | 1.2 | 44.2% |
| Turkey | 0.1 | 0.6 | 2.4 | 0.2 | 26.0% |
| Czech Republic | 4.5 | 21.3 | 0.2 | 0.1 | -71.9% |
| Philippines | 0.2 | 1.0 | 0.6 | 0.1 | -20.6% |
| Others | 36.5 | 12.6 | 7.8 | 15.7 | -24.5% |
| Total | 52.4 | 43.1 | 36.2 | 230 | 63.7% |
Top Export Markets for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) from India in 2022:
- Netherlands (568.0 kg)
- Nepal (520.0 kg)
- Nigeria (437.0 kg)
- Russia (410.0 kg)
- Thailand (132.0 kg)
- Paraguay (104.0 kg)
- United States (101.0 kg)
- Sri Lanka (58.0 kg)
- Canada (30.0 kg)
- Turkey (13.0 kg)
- Philippines (11.0 kg)
- Indonesia (10.0 kg)
- Czech Republic (1.0 kg)
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In value terms, albumins imports stood at $X in 2016. In general, albumins imports continue to indicate a prominent expansion. Over the period under review, global albumins imports attained its max...
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In value terms, albumins exports stood at $X in 2016. In general, albumins exports continue to indicate a prominent growth. Over the period under review, global albumins exports attained its maximu...
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In value terms, albumins imports stood at $X in 2016. In general, albumins imports continue to indicate a prominent expansion. Over the period under review, global albumins imports attained its max...
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In value terms, albumins exports stood at $X in 2016. In general, albumins exports continue to indicate a prominent growth. Over the period under review, global albumins exports attained its maximu...
