Price for Albumins; Egg Albumin, Dried in Kuwait - 2022
Contents:
- Price for Albumins; Egg Albumin, Dried in Kuwait (CIF) - 2022
- Imports of Albumins; Egg Albumin, Dried in Kuwait
Price for Albumins; Egg Albumin, Dried in Kuwait (CIF) - 2022
The average albumins; egg albumin, dried import price stood at $11,879 per ton in 2022, which is down by -5.9% against the previous year. Over the period under review, the import price showed a perceptible descent. The growth pace was the most rapid in 2016 when the average import price increased by 43%. Over the period under review, average import prices attained the maximum at $14,766 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 France ($39,074 per ton), while the price for the United States ($8,577 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+46.5%), while the prices for the other major suppliers experienced a decline.
Imports of Albumins; Egg Albumin, Dried in Kuwait
In 2022, purchases abroad of albumins; egg albumin, drieds decreased by -13.7% to 843 kg for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.5% 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 +42.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. As a result, imports attained the peak of 977 kg, and then declined in the following year.
In value terms, albumins; egg albumin, dried imports fell significantly to $10K in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 60% against the previous year. As a result, imports reached the peak of $12K, and then plummeted in the following year.
| Import of Albumins; Egg Albumin, Dried in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.0 | 3.5 | 7.7 | 5.5 | 40.1% |
| France | N/A | 0.9 | N/A | 1.1 | 10.6% |
| Germany | 1.1 | 1.1 | 0.9 | 1.1 | 0.0% |
| Lebanon | N/A | N/A | 0.3 | N/A | 0% |
| Others | 3.5 | 2.1 | 3.5 | 2.3 | -13.1% |
| Total | 6.6 | 7.7 | 12.3 | 10.0 | 14.9% |
Top Suppliers of Albumins; Egg Albumin, Dried to Kuwait in 2022:
- United States (639.0 kg)
- Germany (74.0 kg)
- France (27.0 kg)
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