Price for Albumins; Albuminates and Other Albumin Derivatives in Sri Lanka - 2022
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in Sri Lanka (CIF) - 2022
- Price for Albumins; Albuminates and Other Albumin Derivatives in Sri Lanka (FOB) - 2022
- Imports of Albumins; Albuminates and Other Albumin Derivatives in Sri Lanka
- Exports of Albumins; Albuminates and Other Albumin Derivatives in Sri Lanka
Price for Albumins; Albuminates and Other Albumin Derivatives in Sri Lanka (CIF) - 2022
In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $23,253 per ton, increasing by 17% against the previous year. In general, the import price showed a resilient increase. The growth pace was the most rapid in 2013 when the average import price increased by 53%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.
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 Thailand ($29,100 per ton), while the price for France ($13,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Albumins; Albuminates and Other Albumin Derivatives in Sri Lanka (FOB) - 2022
The average export price for albumins; albuminates and other albumin derivativeses stood at $46,449 per ton in 2022, with an increase of 188% against the previous year. In general, the export price enjoyed noticeable growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to -8.1% per year.
Imports of Albumins; Albuminates and Other Albumin Derivatives in Sri Lanka
In 2022, approx. 7.6 tons of albumins; albuminates and other albumin derivativeses were imported into Sri Lanka; waning by -77% on 2021. Overall, imports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 when imports increased by 136% against the previous year. As a result, imports attained the peak of 33 tons, and then shrank notably in the following year.
In value terms, imports of albumins; albuminates and other albumin derivativeses fell sharply to $178K in 2022. In general, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 194% against the previous year. As a result, imports reached the peak of $657K, and then shrank significantly in the following year.
| Import of Albumins; Albuminates and Other Albumin Derivatives in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 136 | 159 | 461 | 120 | -4.1% |
| Thailand | 13.5 | 5.9 | 22.5 | 21.0 | 15.9% |
| Ireland | N/A | 2.7 | 25.5 | 15.2 | 137.3% |
| Denmark | 15.1 | 14.5 | 30.7 | 9.9 | -13.1% |
| Singapore | 0.4 | 0.2 | 0.5 | 6.0 | 146.6% |
| India | 4.9 | 1.4 | 0.8 | 2.2 | -23.4% |
| Belgium | 8.6 | 6.4 | 13.7 | N/A | 26.2% |
| Switzerland | 16.0 | 9.2 | 23.1 | N/A | 20.2% |
| United Kingdom | 55.1 | 3.9 | 9.8 | N/A | -57.8% |
| France | 17.5 | 4.0 | 21.9 | N/A | 11.9% |
| Myanmar | 13.1 | 6.0 | 12.0 | N/A | -4.3% |
| Ukraine | 19.5 | 9.2 | 32.1 | N/A | 28.3% |
| Others | 3.4 | 1.1 | 3.7 | 2.8 | -6.3% |
| Total | 303 | 224 | 657 | 178 | -16.2% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Sri Lanka in 2022:
- Germany (4732.0 kg)
- Ireland (1080.0 kg)
- Thailand (720.0 kg)
- Denmark (456.0 kg)
- Singapore (450.0 kg)
- India (126.0 kg)
- Belgium (3.0 kg)
- France (1.0 kg)
Exports of Albumins; Albuminates and Other Albumin Derivatives in Sri Lanka
In 2022, after three years of growth, there was significant decline in shipments abroad of albumins; albuminates and other albumin derivativeses, when their volume decreased by -48.7% to 2.1 tons. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 3,208% against the previous year.
In value terms, exports of albumins; albuminates and other albumin derivativeses skyrocketed to $98K in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 5,498%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Albumins; Albuminates and Other Albumin Derivatives in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | 98.3 | 0% |
| Maldives | 0.5 | 1.5 | 59.9 | N/A | 994.5% |
| South Africa | N/A | 32.7 | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | 6.4 | N/A | 700.0% |
| Total | 0.6 | 34.4 | 66.4 | 98.3 | 447.2% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Sri Lanka in 2022:
- Hong Kong SAR (2.1 tons)
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