Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Uruguay - 2023

Contents:

1. Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Uruguay (FOB) - 2022
2. Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Uruguay (CIF) - 2022
3. Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Uruguay
4. Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Uruguay

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

In 2022, the average export price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $161,172 per ton, approximately reflecting the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 7.9% against the previous year. The export price peaked at $164,926 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($162,119 per ton), while the average price for exports to South Korea totaled $144,511 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $15,034 per ton, declining by -95.1% against the previous year. Over the period under review, the import price continues to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 32%. The import price peaked at $306,544 per ton in 2021, and then fell significantly in the following year.

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 Australia ($366,720 per ton), while the price for Belgium ($5,907 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 (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Uruguay

Exports of albuminates and other albumin derivatives (excluding egg albumin)s from Uruguay skyrocketed to 10 tons in 2022, with an increase of 24% against 2021 figures. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 30% against the previous year. As a result, the exports reached the peak of 11 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s soared to $1.6M in 2022. The total export value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 34%. As a result, the exports reached the peak of $1.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) from Uruguay in 2022:

1. Spain (9.7 tons)
2. South Korea (0.6 tons)

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

In 2022, purchases abroad of albuminates and other albumin derivatives (excluding egg albumin)s increased by 3,929% to 8.2 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s soared to $124K in 2022. Over the period under review, imports, however, showed a deep downturn.

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

1. Belgium (8.0 tons)
2. Australia (0.2 tons)

Source: IndexBox Market Intelligence Platform