Price for Albumins; Albuminates and Other Albumin Derivatives in Belarus - 2022

Contents:

  1. Price for Albumins; Albuminates and Other Albumin Derivatives in Belarus (CIF) - 2022
  2. Price for Albumins; Albuminates and Other Albumin Derivatives in Belarus (FOB) - 2022
  3. Imports of Albumins; Albuminates and Other Albumin Derivatives in Belarus
  4. Exports of Albumins; Albuminates and Other Albumin Derivatives in Belarus

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

In March 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $9,786 per ton, surging by 12% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.9%. The pace of growth appeared the most rapid in June 2021 an increase of 20% m-o-m. The import price peaked at $10,067 per ton in December 2021; however, from January 2022 to March 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($75,778 per ton), while the price for Russia totaled $8,728 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Albumins; Albuminates and Other Albumin Derivatives in Belarus (FOB) - 2022

The average export price for albumins; albuminates and other albumin derivativeses stood at $1,808 per ton in 2022, surging by 24% against the previous year. Over the period under review, the export price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2017 an increase of 61%. Over the period under review, the average export prices hit record highs at $5,983 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($1,934 per ton), while the average price for exports to Uzbekistan totaled $1,734 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+6.5%), while the prices for the other major destinations experienced a decline.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Belarus

In 2022, imports of albumins; albuminates and other albumin derivativeses into Belarus skyrocketed to 391 tons, increasing by 58% against the previous year. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of albumins; albuminates and other albumin derivativeses skyrocketed to $4.6M in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Albumins; Albuminates and Other Albumin Derivatives in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia9581,0061,5894,17263.3%
France16818417145038.9%
SwedenN/AN/A287N/A0%
Others29.019.110.218.2-14.4%
Total1,1541,2092,0574,64059.0%

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

  1. Russia (349.9 tons)
  2. France (39.5 tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Belarus

In 2022, shipments abroad of albumins; albuminates and other albumin derivativeses decreased by -99.5% to 1 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 0.8% against the previous year. As a result, the exports attained the peak of 381 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of albumins; albuminates and other albumin derivativeses contracted notably to $1.8K in 2022. In general, exports recorded a significant curtailment. The smallest decline of -41.4% was in 2020.

Export of Albumins; Albuminates and Other Albumin Derivatives in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan26.7N/A0.11.1-65.5%
BahrainN/AN/AN/A0.70%
Russia839484203N/A-50.8%
Ukraine29819566.7N/A-52.7%
Others2.95.04.2N/A20.3%
Total1,1676842741.8-88.4%

Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Belarus in 2022:

  1. Uzbekistan (643.0 kg)
  2. Bahrain (378.0 kg)

Source: IndexBox Market Intelligence Platform

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