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

Contents:

  1. Price for Albumins; Albuminates and Other Albumin Derivatives in Denmark (CIF) - 2023
  2. Price for Albumins; Albuminates and Other Albumin Derivatives in Denmark (FOB) - 2023
  3. Imports of Albumins; Albuminates and Other Albumin Derivatives in Denmark
  4. Exports of Albumins; Albuminates and Other Albumin Derivatives in Denmark

Price for Albumins; Albuminates and Other Albumin Derivatives in Denmark (CIF) - 2023

In October 2023, the average import price for albumins; albuminates and other albumin derivativeses amounted to $1,900 per ton, which is down by -24.8% against the previous month. In general, the import price showed a deep downturn. The pace of growth was the most pronounced in March 2023 an increase of 34% against the previous month. As a result, import price reached the peak level of $4,641 per ton. From April 2023 to October 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($7,234 per ton), while the price for the UK ($1,684 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-4.0%), while the prices for the other major suppliers experienced a decline.

Price for Albumins; Albuminates and Other Albumin Derivatives in Denmark (FOB) - 2023

The average export price for albumins; albuminates and other albumin derivativeses stood at $4,407 per ton in October 2023, waning by -33.8% against the previous month. Overall, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in May 2023 an increase of 68% m-o-m. The export price peaked at $10,044 per ton in January 2023; however, from February 2023 to October 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Poland ($3,313 per ton), while the average price for exports to Sweden ($1,798 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Denmark

Imports of albumins; albuminates and other albumin derivativeses into Denmark soared to 33K tons in 2022, with an increase of 109% on 2021. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 349% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of albumins; albuminates and other albumin derivativeses skyrocketed to $121M in 2022. Over the period under review, imports continue to indicate 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 Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom6.1N/A23.658.3112.2%
New Zealand4.94.12.411.231.7%
Norway3.45.15.210.646.1%
Germany7.87.13.910.29.4%
Netherlands1.43.42.26.062.4%
Sweden1.91.22.53.623.7%
Others10.80.51.121.024.8%
Total36.321.540.912149.4%

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

  1. United Kingdom (22.1K tons)
  2. Norway (1.2K tons)
  3. Germany (0.9K tons)
  4. New Zealand (0.8K tons)
  5. Netherlands (0.5K tons)
  6. Sweden (0.4K tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Denmark

Exports of albumins; albuminates and other albumin derivativeses from Denmark skyrocketed to 3K tons in 2022, rising by 65% against 2021. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 78%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of albumins; albuminates and other albumin derivativeses surged to $24M in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Albumins; Albuminates and Other Albumin Derivatives in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3631,2273,0924,201126.2%
Sweden6664687901,08917.8%
South Korea94.363.539148973.1%
Germany305180174180-16.1%
Hong Kong SAR81.573.813912013.8%
India2.9N/AN/A113239.0%
Austria78.146.360.098.27.9%
Cyprus70.242.164.881.45.1%
Iceland5864.1N/A3.5-81.9%
Others8,22041054417,35428.3%
Total10,4682,5165,25423,73031.4%

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

  1. Netherlands (942.4 tons)
  2. Sweden (542.8 tons)
  3. South Korea (205.8 tons)
  4. Hong Kong SAR (44.1 tons)
  5. Austria (38.7 tons)
  6. Cyprus (30.6 tons)
  7. India (29.5 tons)
  8. Germany (26.0 tons)
  9. Iceland (1.3 tons)

Source: IndexBox Market Intelligence Platform

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