South-Eastern Asia: Albumins And Albuminates Market 2025

Albumins And Albuminates Market Size in South-Eastern Asia

The Southeast Asian albumins and albuminates market skyrocketed to $X in 2021, rising by 68% against the previous year. Overall, consumption enjoyed significant growth. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the near future.

Albumins And Albuminates Production in South-Eastern Asia

In value terms, albumins and albuminates production dropped to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 20% against the previous year. The level of production peaked at $X in 2020, and then dropped in the following year.

Albumins And Albuminates Exports

Exports in South-Eastern Asia

In 2021, approx. X tons of albumins, albuminates and other derivatives (excluding egg albumin) were exported in South-Eastern Asia; increasing by 95% against the year before. Over the period under review, exports enjoyed a mild 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 skyrocketed to $X in 2021. In general, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore prevails in exports structure, finishing at X tons, which was approx. 77% of total exports in 2021. It was distantly followed by the Philippines (X tons) and Malaysia (X tons), together achieving a 17% share of total exports. Thailand (X tons) and Myanmar (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to albumins and albuminates exports from Singapore stood at +5.0%. At the same time, Thailand (+58.7%), the Philippines (+40.1%) and Myanmar (+19.1%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +58.7% from 2012-2021. By contrast, Malaysia (-15.1%) illustrated a downward trend over the same period. While the share of Singapore (+20 p.p.), the Philippines (+9 p.p.), Thailand (+2.7 p.p.) and Myanmar (+1.7 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Malaysia (-32.1 p.p.) displayed negative dynamics.

In value terms, Singapore ($X) remains the largest albumins and albuminates supplier in South-Eastern Asia, comprising 93% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 3.6% share of total exports. It was followed by Thailand, with a 2.3% share.

In Singapore, albumins and albuminates exports expanded at an average annual rate of +21.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (-6.7% per year) and Thailand (+43.4% per year).

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, rising by 48% against the previous year. Overall, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of 87% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+16.0%), while the other leaders experienced mixed trends in the export price figures.

Albumins And Albuminates Imports

Imports in South-Eastern Asia

Albumins and albuminates imports skyrocketed to X tons in 2021, rising by 47% on the previous year's figure. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 84%. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, albumins and albuminates imports surged to $X in 2021. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 130% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Singapore was the main importing country with an import of about X tons, which reached 64% of total imports. It was distantly followed by Vietnam (X tons), Indonesia (X tons) and Thailand (X tons), together achieving a 30% share of total imports. Malaysia (X tons) and the Philippines (X tons) held a relatively small share of total imports.

Singapore was also the fastest-growing in terms of the albumins, albuminates and other derivatives (excluding egg albumin) imports, with a CAGR of +48.6% from 2012 to 2021. At the same time, Thailand (+26.6%), Malaysia (+18.5%), Indonesia (+17.5%) and Vietnam (+10.8%) displayed positive paces of growth. By contrast, the Philippines (-7.6%) illustrated a downward trend over the same period. While the share of Singapore (+53 p.p.) and Thailand (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Indonesia (-4.6 p.p.), Vietnam (-20.3 p.p.) and the Philippines (-28.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported albumins, albuminates and other derivatives (excluding egg albumin) in South-Eastern Asia, comprising 67% of total imports. The second position in the ranking was held by Vietnam ($X), with a 13% share of total imports. It was followed by Indonesia, with a 9.4% share.

In Singapore, albumins and albuminates imports increased at an average annual rate of +46.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Vietnam (+11.8% per year) and Indonesia (+15.4% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, with an increase of 43% against the previous year. Import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, albumins and albuminates import price increased by +64.1% against 2019 indices. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Malaysia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+1.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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