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

Contents:

1. Price for Albumins; Albuminates and Other Albumin Derivatives in Greece (CIF) - 2023
2. Price for Albumins; Albuminates and Other Albumin Derivatives in Greece (FOB) - 2022
3. Imports of Albumins; Albuminates and Other Albumin Derivatives in Greece
4. Exports of Albumins; Albuminates and Other Albumin Derivatives in Greece

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

In October 2023, the average import price for albumins; albuminates and other albumin derivativeses amounted to $9,616 per ton, with an increase of 27% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 94% m-o-m. As a result, import price attained the peak level of $17,964 per ton. From February 2023 to October 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was France ($15,992 per ton), while the price for Slovakia ($6,413 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 Belgium (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for albumins; albuminates and other albumin derivativeses stood at $12,842 per ton in 2022, rising by 61% against the previous year. Overall, the export price saw measured growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to India ($13,491 per ton) and Romania ($12,664 per ton), while the average price for exports to Cyprus ($10,511 per ton) and Iran ($12,375 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Greece

In 2022, imports of albumins; albuminates and other albumin derivativeses into Greece declined sharply to 1K tons, waning by -43.5% compared with the previous year. Overall, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, imports reached the peak of 1.8K tons, and then reduced markedly in the following year.

In value terms, imports of albumins; albuminates and other albumin derivativeses shrank significantly to $9.6M in 2022. Over the period under review, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. As a result, imports attained the peak of $13M, and then declined notably in the following year.

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

1. Italy (341.3 tons)
2. Netherlands (297.4 tons)
3. Germany (136.5 tons)
4. France (62.1 tons)
5. Romania (60.0 tons)
6. Poland (32.6 tons)
7. Belgium (26.9 tons)
8. Denmark (23.8 tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Greece

In 2022, after three years of growth, there was significant decline in overseas shipments of albumins; albuminates and other albumin derivativeses, when their volume decreased by -64.6% to 191 tons. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. As a result, the exports reached the peak of 539 tons, and then dropped dramatically in the following year.

In value terms, exports of albumins; albuminates and other albumin derivativeses declined notably to $2.5M in 2022. Over the period under review, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 74% against the previous year. As a result, the exports reached the peak of $4.3M, and then declined markedly in the following year.

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

1. Romania (69.1 tons)
2. India (65.0 tons)
3. Iran (40.0 tons)
4. Cyprus (11.9 tons)

Source: IndexBox Market Intelligence Platform