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

Contents:

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

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

The average export price for albumins; albuminates and other albumin derivativeses stood at $5,613 per ton in 2022, approximately equating the previous year. Over the period under review, the export price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2013 when the average export price increased by 15%. Over the period under review, the average export prices hit record highs at $11,803 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($13,702 per ton), while the average price for exports to Malaysia ($2,379 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for albumins; albuminates and other albumin derivativeses stood at $18,433 per ton in October 2023, rising by 372% against the previous month. Overall, the import price posted a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +9.1% per month.

Exports of Albumins; Albuminates and Other Albumin Derivatives in Italy

In 2022, approx. 27K tons of albumins; albuminates and other albumin derivativeses were exported from Italy; with an increase of 61% against 2021. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of albumins; albuminates and other albumin derivativeses soared to $152M in 2022. In general, exports continue to indicate a significant expansion. 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 Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan17.814.720.231.921.5%
Germany1.72.115.727.6153.2%
PolandN/AN/A7.720.0159.7%
United Kingdom6.77.32.59.010.3%
Spain2.72.33.67.037.4%
Philippines1.51.62.16.663.9%
Taiwan (Chinese)2.93.24.16.329.5%
France3.54.14.05.314.8%
Malaysia2.32.83.74.020.3%
Saudi Arabia0.30.81.02.8110.5%
South Korea1.42.53.22.724.5%
Greece1.21.21.72.629.4%
Romania0.50.50.81.750.4%
Others20.318.122.824.56.5%
Total62.961.293.315234.2%

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

  1. Germany (8.3K tons)
  2. Poland (6.5K tons)
  3. Japan (2.4K tons)
  4. Malaysia (1.7K tons)
  5. Spain (1.0K tons)
  6. Philippines (0.8K tons)
  7. Romania (0.7K tons)
  8. France (0.7K tons)
  9. United Kingdom (0.7K tons)
  10. Taiwan (Chinese) (0.5K tons)
  11. Greece (0.5K tons)
  12. Saudi Arabia (0.5K tons)
  13. South Korea (0.5K tons)

Imports of Albumins; Albuminates and Other Albumin Derivatives in Italy

In 2022, approx. 22K tons of albumins; albuminates and other albumin derivativeses were imported into Italy; with an increase of 22% compared with the previous year. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of albumins; albuminates and other albumin derivativeses surged to $79M in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Albumins; Albuminates and Other Albumin Derivatives in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8.110.79.719.133.1%
Germany4.73.86.617.555.0%
France5.69.010.011.426.7%
Poland3.04.03.37.334.5%
Spain2.54.46.27.342.9%
Ireland4.33.45.56.313.6%
Austria0.30.20.52.191.3%
Others2.23.33.57.751.8%
Total30.838.945.378.836.8%

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

  1. Netherlands (5.9K tons)
  2. France (3.9K tons)
  3. Spain (3.7K tons)
  4. Germany (3.4K tons)
  5. Poland (2.8K tons)
  6. Austria (1.0K tons)
  7. Ireland (0.5K tons)

Source: IndexBox Market Intelligence Platform

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