Report Update Nov 1, 2024

Singapore - Albumins, Albuminates and Other Derivatives (Excluding Egg Albumin) - Market Analysis, Forecast, Size, Trends and Insights

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Singapore: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Singapore

For the sixth year in a row, the Singaporean albumins and albuminates market recorded growth in sales value, which increased by 96% to $X in 2021. Overall, consumption enjoyed significant growth. Albumins and albuminates consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Albumins And Albuminates Exports

Exports from Singapore

In 2021, overseas shipments of albumins, albuminates and other derivatives (excluding egg albumin) increased by 152% to X tons, rising for the third year in a row after three years of decline. Over the period under review, exports continue to indicate a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, albumins and albuminates exports surged to $X in 2021. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 404%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Japan (X tons) was the main destination for albumins and albuminates exports from Singapore, accounting for a 62% share of total exports. Moreover, albumins and albuminates exports to Japan exceeded the volume sent to the second major destination, Malaysia (X tons), twofold. The third position in this ranking was taken by India (X tons), with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Japan amounted to +95.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-9.2% per year) and India (+88.1% per year).

In value terms, Japan ($X) emerged as the key foreign market for albumins, albuminates and other derivatives (excluding egg albumin) exports from Singapore, comprising 64% of total exports. The second position in the ranking was held by Malaysia ($X), with a 17% share of total exports. It was followed by India, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan amounted to +94.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+3.5% per year) and India (+86.5% per year).

Export Prices by Country

In 2021, the average albumins and albuminates export price amounted to $X per ton, jumping by 22% against the previous year. Overall, the export price recorded strong growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 104% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+14.0%), while the prices for the other major destinations experienced mixed trend patterns.

Albumins And Albuminates Imports

Imports into Singapore

For the sixth consecutive year, Singapore recorded growth in overseas purchases of albumins, albuminates and other derivatives (excluding egg albumin), which increased by 65% to X tons in 2021. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 240% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, albumins and albuminates imports skyrocketed to $X in 2021. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2019 when imports increased by 260%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

Imports by Country

The United States (X tons), Poland (X tons) and the UK (X tons) were the main suppliers of albumins and albuminates imports to Singapore, with a combined 81% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +4,689.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and Poland ($X) constituted the largest albumins and albuminates suppliers to Singapore, together comprising 90% of total imports.

Poland, with a CAGR of +3,439.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average albumins and albuminates import price stood at $X per ton in 2021, with an increase of 69% against the previous year. Over the period under review, the import price, however, recorded a slight slump. The pace of growth was the most pronounced in 2017 an increase of 72% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for albumins, albuminates and other derivatives (excluding egg albumin) in the world?

The countries with the highest volumes of albumins and albuminates consumption in 2021 were China, Japan and Denmark, with a combined 40% share of global consumption. France, Canada, India, Italy, South Korea, Spain, the United States, Russia, Hungary and Singapore lagged somewhat behind, together accounting for a further 37%.

What are the largest producers of albumins, albuminates and other derivatives (excluding egg albumin) in the world?

The countries with the highest volumes of albumins and albuminates production in 2021 were the United States, New Zealand and Germany, together accounting for 61% of global production. These countries were followed by the Netherlands, France, Argentina, Ireland, Lithuania, Italy, Norway and Australia, which together accounted for a further 36%.

What are the leading suppliers of albumins, albuminates and other derivatives (excluding egg albumin) to Singapore?

In value terms, the largest albumins and albuminates suppliers to Singapore were the UK, the United States and New Zealand, together accounting for 91% of total imports. These countries were followed by Australia, Germany, Poland and Malaysia, which together accounted for a further 8%.

What are the leading importers of albumins, albuminates and other derivatives (excluding egg albumin) from Singapore?

In value terms, India remains the key foreign market for albumins and albuminates exports from Singapore.

What is the average export price for albumins, albuminates and other derivatives (excluding egg albumin) in Singapore?

In 2021, the average albumins and albuminates export price amounted to $7,094 per ton, growing by 49% against the previous year.

What is the average import price for albumins, albuminates and other derivatives (excluding egg albumin) in Singapore?

In 2021, the average albumins and albuminates import price amounted to $8,479 per ton, surging by 53% against the previous year.

This report provides an in-depth analysis of the albumins and albuminates market in Singapore. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20596050 - Albumins, albuminates and other derivatives (excluding egg albumin)

Country coverage:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023