Price for Albumins; Albuminates and Other Albumin Derivatives in Egypt - 2023

Contents:

1. Price for Albumins; Albuminates and Other Albumin Derivatives in Egypt (CIF) - 2022
2. Price for Albumins; Albuminates and Other Albumin Derivatives in Egypt (FOB) - 2022
3. Imports of Albumins; Albuminates and Other Albumin Derivatives in Egypt
4. Exports of Albumins; Albuminates and Other Albumin Derivatives in Egypt

Price for Albumins; Albuminates and Other Albumin Derivatives in Egypt (CIF) - 2022

The average import price for albumins; albuminates and other albumin derivativeses stood at $12,098 per ton in 2022, growing by 59% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for albumins; albuminates and other albumin derivativeses increased by +71.5% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 65%. Over the period under review, average import prices hit record highs at $12,995 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Brazil ($12,310 per ton) and Belgium ($12,309 per ton), while the price for the United States ($11,962 per ton) and Germany ($12,075 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Albumins; Albuminates and Other Albumin Derivatives in Egypt (FOB) - 2022

The average export price for albumins; albuminates and other albumin derivativeses stood at $7,375 per ton in 2022, waning by -10.3% against the previous year. Over the period under review, the export price recorded a sharp decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 407% against the previous year. Over the period under review, the average export prices attained the maximum at $906,644 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +82.4% per year.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Egypt

In 2022, approx. 252 tons of albumins; albuminates and other albumin derivativeses were imported into Egypt; waning by -31.7% compared with the year before. Over the period under review, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2021 when imports increased by 147%. As a result, imports reached the peak of 369 tons, and then shrank remarkably in the following year.

In value terms, imports of albumins; albuminates and other albumin derivativeses rose sharply to $3M in 2022. In general, imports, however, showed strong growth. The growth pace was the most rapid in 2021 with an increase of 165%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Egypt in 2022:

1. Netherlands (120.0 tons)
2. United States (44.0 tons)
3. Poland (30.6 tons)
4. Germany (26.2 tons)
5. Brazil (23.7 tons)
6. Belgium (4.1 tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Egypt

After two years of decline, shipments abroad of albumins; albuminates and other albumin derivativeses increased by 9.2% to 14 tons in 2022. Overall, exports, however, showed a sharp shrinkage.

In value terms, exports of albumins; albuminates and other albumin derivativeses fell modestly to $100K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 120% against the previous year.

Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Egypt in 2022:

1. United Arab Emirates (13.6 tons)

Source: IndexBox Market Intelligence Platform