Price for Albumins; Albuminates and Other Albumin Derivatives in Azerbaijan - 2023

Contents:

  1. Price for Albumins; Albuminates and Other Albumin Derivatives in Azerbaijan (CIF) - 2022
  2. Imports of Albumins; Albuminates and Other Albumin Derivatives in Azerbaijan

Price for Albumins; Albuminates and Other Albumin Derivatives in Azerbaijan (CIF) - 2022

In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $60,833 per ton, with an increase of 511% against the previous year. Over the period under review, the import price recorded a significant expansion. As a result, import price attained the peak level and is likely to continue 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 Germany ($148,000 per ton), while the price for Italy ($50,700 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Azerbaijan

In 2022, purchases abroad of albumins; albuminates and other albumin derivativeses decreased by -99.9% to 12 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 when imports increased by 53%. As a result, imports attained the peak of 16 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of albumins; albuminates and other albumin derivativeses fell notably to $730 in 2022. In general, imports saw a dramatic descent. The growth pace was the most rapid in 2020 when imports increased by 104% against the previous year. As a result, imports reached the peak of $138K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Albumins; Albuminates and Other Albumin Derivatives in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.1N/A0.40.571.0%
United States0.1N/A0.30.10.0%
Germany0.11.72.10.10.0%
Russia14.529.037.5N/A60.8%
Hungary5.655.934.9N/A149.6%
France2.63.73.5N/A16.0%
Poland37.230.710.3N/A-47.4%
United Arab Emirates7.116.722.0N/A76.0%
Others0.40.77.2N/A324.3%
Total67.91381180.7-78.2%

Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Azerbaijan in 2022:

  1. Italy (10.0 kg)
  2. United States (1.0 kg)
  3. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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