Price for Albumins; Albuminates and Other Albumin Derivatives in New Zealand - 2023
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in New Zealand (FOB) - 2023
- Price for Albumins; Albuminates and Other Albumin Derivatives in New Zealand (CIF) - 2022
- Exports of Albumins; Albuminates and Other Albumin Derivatives in New Zealand
- Imports of Albumins; Albuminates and Other Albumin Derivatives in New Zealand
Price for Albumins; Albuminates and Other Albumin Derivatives in New Zealand (FOB) - 2023
The average export price for albumins; albuminates and other albumin derivativeses stood at $8,021 per ton in December 2023, which is down by -9.7% against the previous month. Overall, the export price showed a noticeable downturn. The pace of growth was the most pronounced in November 2023 when the average export price increased by 25% against the previous month. The export price peaked at $13,970 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Japan ($12,745 per ton), while the average price for exports to Egypt ($5,059 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-1.7%), while the prices for the other major destinations experienced a decline.
Price for Albumins; Albuminates and Other Albumin Derivatives in New Zealand (CIF) - 2022
In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $18,131 per ton, rising by 57% against the previous year. In general, the import price recorded noticeable growth. The growth pace was the most rapid in 2017 when the average import price increased by 110% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 the United States ($23,559 per ton), while the price for the Netherlands ($6,426 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Albumins; Albuminates and Other Albumin Derivatives in New Zealand
In 2022, shipments abroad of albumins; albuminates and other albumin derivativeses decreased by -16.8% to 22K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 27K tons, and then shrank remarkably in the following year.
In value terms, exports of albumins; albuminates and other albumin derivativeses skyrocketed to $289M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Albumins; Albuminates and Other Albumin Derivatives in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 36.7 | 61.5 | 68.5 | 77.5 | 28.3% |
| Japan | 47.3 | 50.0 | 58.3 | 64.5 | 10.9% |
| United States | 32.9 | 25.6 | 43.7 | 47.1 | 12.7% |
| Netherlands | 9.0 | 18.8 | 19.0 | 28.2 | 46.3% |
| India | 11.1 | 8.7 | 15.2 | 20.2 | 22.1% |
| Denmark | 3.1 | 4.8 | 3.4 | 11.8 | 56.1% |
| South Korea | 0.8 | 4.2 | 7.8 | 10.4 | 135.1% |
| Australia | 4.7 | 4.3 | 6.2 | 10.1 | 29.0% |
| Taiwan (Chinese) | 2.0 | 1.9 | 4.1 | 5.7 | 41.8% |
| Singapore | 2.5 | 4.0 | 3.3 | 1.8 | -10.4% |
| Others | 8.6 | 8.8 | 9.0 | 11.5 | 10.2% |
| Total | 159 | 193 | 239 | 289 | 22.0% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from New Zealand in 2022:
- China (6.1K tons)
- United States (4.9K tons)
- Japan (4.4K tons)
- India (2.1K tons)
- Denmark (0.8K tons)
- Australia (0.7K tons)
- South Korea (0.7K tons)
- Singapore (0.6K tons)
- Netherlands (0.5K tons)
- Taiwan (Chinese) (0.5K tons)
Imports of Albumins; Albuminates and Other Albumin Derivatives in New Zealand
After two years of decline, purchases abroad of albumins; albuminates and other albumin derivativeses increased by 8.3% to 924 tons in 2022. Over the period under review, imports, however, continue to indicate a dramatic shrinkage.
In value terms, imports of albumins; albuminates and other albumin derivativeses surged to $17M in 2022. In general, imports, however, faced a abrupt descent.
| Import of Albumins; Albuminates and Other Albumin Derivatives in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.1 | 5.4 | 4.0 | 10.3 | 35.9% |
| Germany | 4.5 | 5.1 | 2.4 | 2.7 | -15.7% |
| Australia | 8.2 | 2.6 | 1.2 | 2.4 | -33.6% |
| Italy | 0.5 | 0.5 | 0.3 | 0.5 | 0.0% |
| Netherlands | N/A | N/A | N/A | 0.4 | 0% |
| Denmark | 0.4 | 0.5 | 1.4 | 0.4 | 0.0% |
| France | 8.8 | 5.6 | 0.2 | 0.1 | -77.5% |
| Others | 2.6 | 0.3 | 0.5 | N/A | -56.1% |
| Total | 29.1 | 19.9 | 9.9 | 16.7 | -16.9% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to New Zealand in 2022:
- United States (435.3 tons)
- Germany (195.5 tons)
- Australia (160.4 tons)
- Netherlands (61.0 tons)
- Italy (44.4 tons)
- Denmark (19.9 tons)
- France (7.1 tons)
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