Price for Albumins; Egg Albumin, Dried in Canada - 2023

Contents:

  1. Price for Albumins; Egg Albumin, Dried in Canada (CIF) - 2023
  2. Price for Albumins; Egg Albumin, Dried in Canada (FOB) - 2022
  3. Imports of Albumins; Egg Albumin, Dried in Canada
  4. Exports of Albumins; Egg Albumin, Dried in Canada

Price for Albumins; Egg Albumin, Dried in Canada (CIF) - 2023

The average albumins; egg albumin, dried import price stood at $5,790 per ton in September 2023, rising by 120% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 596% m-o-m. As a result, import price reached the peak level of $5,853 per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to +17.2% per month.

Price for Albumins; Egg Albumin, Dried in Canada (FOB) - 2022

In 2022, the average albumins; egg albumin, dried export price amounted to $3,484 per ton, with an increase of 9.9% against the previous year. Overall, the export price, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2019 an increase of 29%. Over the period under review, the average export prices reached the peak figure at $8,314 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Australia ($9,928 per ton), while the average price for exports to the United States stood at $3,203 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+68.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Albumins; Egg Albumin, Dried in Canada

In 2022, the amount of albumins; egg albumin, drieds imported into Canada surged to 863 tons, rising by 162% against the previous year's figure. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, albumins; egg albumin, dried imports soared to $3.1M in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Albumins; Egg Albumin, Dried in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0918851,1392,55932.9%
Netherlands13.6N/A114562245.7%
Others2.31.21.36.642.1%
Total1,1078871,2543,12841.4%

Top Suppliers of Albumins; Egg Albumin, Dried to Canada in 2022:

  1. United States (767.5 tons)
  2. Netherlands (91.8 tons)

Exports of Albumins; Egg Albumin, Dried in Canada

In 2022, exports of albumins; egg albumin, drieds from Canada skyrocketed to 120 tons, growing by 19% compared with the year before. In general, exports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 51%.

In value terms, albumins; egg albumin, dried exports surged to $416K in 2022. Over the period under review, exports, however, recorded a abrupt contraction.

Export of Albumins; Egg Albumin, Dried in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3652473183670.2%
AustraliaN/A6.5N/A49.6176.2%
Japan375N/AN/AN/A0%
Others3.610.5N/AN/A191.7%
Total744264318416-17.6%

Top Export Markets for Albumins; Egg Albumin, Dried from Canada in 2022:

  1. United States (114.5 tons)
  2. Australia (5.0 tons)

Source: IndexBox Market Intelligence Platform

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