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

Contents:

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

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

In 2022, the average import price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $400,848 per ton, reducing by -18.7% against the previous year. Overall, the import price, however, showed resilient growth. The pace of growth appeared the most rapid in 2020 an increase of 85%. Over the period under review, average import prices attained the maximum at $493,202 per ton in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($4,219,737 per ton), while the price for Switzerland ($11,641 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+39.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for albuminates and other albumin derivatives (excluding egg albumin)s stood at $8,767 per ton in 2022, with an increase of 119% against the previous year. Over the period under review, the export price posted strong growth. The pace of growth was the most pronounced in 2014 an increase of 304% against the previous year. As a result, the export price attained the peak level of $14,828 per ton. From 2015 to 2022, the average export prices remained 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 China ($8,879 per ton), while the average price for exports to the United States totaled $4,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the third consecutive year, Finland recorded decline in purchases abroad of albuminates and other albumin derivatives (excluding egg albumin)s, which decreased by -22.5% to 1.1 tons in 2022. In general, imports continue to indicate a sharp reduction. The smallest decline of -14.9% was in 2021.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s declined dramatically to $430K in 2022. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $683K, and then shrank remarkably in the following year.

Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France58.833142317543.8%
Germany1251271461526.7%
Lithuania63.583.685.880.28.1%
Netherlands5.014.310.46.810.8%
SwitzerlandN/AN/AN/A1.40%
Belgium20.71.31.20.6-69.3%
United States3970.60.70.1-93.7%
Others5.411.116.214.238.0%
Total675569683430-14.0%

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

  1. France (671.0 kg)
  2. Germany (158.0 kg)
  3. Switzerland (117.0 kg)
  4. Netherlands (93.0 kg)
  5. Lithuania (19.0 kg)
  6. Belgium (6.0 kg)
  7. United States (1.0 kg)

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

In 2022, approx. 219 kg of albuminates and other albumin derivatives (excluding egg albumin)s were exported from Finland; increasing by 21,800% compared with the year before. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of albuminates and other albumin derivatives (excluding egg albumin)s surged to $1.9K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Finland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A1,9000%
United States61.05.04.020.0-31.0%
Others5.0N/AN/AN/A0%
Total66.05.04.01,920207.6%

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

  1. China (214.0 kg)
  2. United States (5.0 kg)

Source: IndexBox Market Intelligence Platform

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