Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Serbia - 2024

Contents:

  1. Price for Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Serbia (CIF) - 2022
  2. Imports of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Serbia

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

In 2022, the average import price for albuminates and other albumin derivatives (excluding egg albumin)s amounted to $7,100 per ton, waning by -61.2% against the previous year. In general, the import price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 388% against the previous year. Over the period under review, average import prices hit record highs at $30,658 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 ($11,676 per ton), while the price for Belgium ($3,842 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of albuminates and other albumin derivatives (excluding egg albumin)s imported into Serbia soared to 934 kg, with an increase of 89% on 2021 figures. Over the period under review, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 322%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of albuminates and other albumin derivatives (excluding egg albumin)s dropped markedly to $6.6K in 2022. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 152%. As a result, imports attained the peak of $9K, and then fell rapidly in the following year.

Import of Albuminates and Other Albumin Derivatives (Excluding Egg Albumin) in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18545.04304,091180.7%
United States3681645542,19581.4%
Belgium8702351,036146-44.8%
Spain13585.0572N/A105.8%
Slovenia1832431,430N/A179.5%
North Macedonia81.0172247N/A74.6%
Others2,3092,6434,772199-55.8%
Total4,1313,5879,0416,63117.1%

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

  1. Germany (700.0 kg)
  2. United States (188.0 kg)
  3. Belgium (38.0 kg)

Source: IndexBox Market Intelligence Platform

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