Price for Albumins; Albuminates and Other Albumin Derivatives in Norway - 2024
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in Norway (FOB) - 2022
- Price for Albumins; Albuminates and Other Albumin Derivatives in Norway (CIF) - 2022
- Exports of Albumins; Albuminates and Other Albumin Derivatives in Norway
- Imports of Albumins; Albuminates and Other Albumin Derivatives in Norway
Price for Albumins; Albuminates and Other Albumin Derivatives in Norway (FOB) - 2022
The average export price for albumins; albuminates and other albumin derivativeses stood at $2,686 per ton in 2022, falling by -20.7% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 67% against the previous year. As a result, the export price attained the peak level of $5,407 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($8,749 per ton), while the average price for exports to Sweden ($532 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 Singapore (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Albumins; Albuminates and Other Albumin Derivatives in Norway (CIF) - 2022
In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $10,717 per ton, dropping by -5.8% against the previous year. Overall, the import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 46%. Over the period under review, average import prices attained the peak figure at $13,140 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($96,982 per ton), while the price for Denmark ($5,521 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Albumins; Albuminates and Other Albumin Derivatives in Norway
In 2022, shipments abroad of albumins; albuminates and other albumin derivativeses was finally on the rise to reach 7.5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a strong increase. 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 surged to $20M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.0% against 2020 indices. 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 Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 14.2 | 4.3 | 3.8 | 8.4 | -16.1% |
| Sweden | 0.2 | 0.4 | 0.6 | 2.8 | 141.0% |
| United States | N/A | 0.9 | 0.2 | 2.3 | 59.9% |
| France | N/A | 0.3 | 1.5 | 1.5 | 123.6% |
| Australia | N/A | 0.3 | 0.3 | 1.0 | 82.6% |
| Netherlands | N/A | 0.5 | 0.6 | 1.0 | 41.4% |
| Singapore | N/A | 1.9 | 0.7 | 0.8 | -35.1% |
| India | N/A | 0.4 | 2.9 | 0.5 | 11.8% |
| Others | 1.1 | 3.0 | 2.6 | 1.8 | 17.8% |
| Total | 15.5 | 12.0 | 13.2 | 20.1 | 9.0% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Norway in 2022:
- Sweden (5252.3 tons)
- Denmark (1044.3 tons)
- United States (305.3 tons)
- France (166.1 tons)
- Australia (129.5 tons)
- Singapore (125.2 tons)
- Netherlands (120.7 tons)
- India (72.0 tons)
Imports of Albumins; Albuminates and Other Albumin Derivatives in Norway
In 2022, the amount of albumins; albuminates and other albumin derivativeses imported into Norway reached 176 tons, approximately mirroring the year before. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 25% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, imports of albumins; albuminates and other albumin derivativeses fell to $1.9M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51%. As a result, imports reached the peak of $2M, and then shrank in the following year.
| Import of Albumins; Albuminates and Other Albumin Derivatives in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 428 | 658 | 1,081 | 820 | 24.2% |
| Netherlands | 52.1 | 68.8 | 98.0 | 359 | 90.3% |
| Denmark | 189 | 213 | 270 | 283 | 14.4% |
| United Kingdom | 365 | 144 | 271 | 157 | -24.5% |
| Germany | 35.8 | 48.1 | 59.2 | 76.0 | 28.5% |
| Others | 462 | 178 | 199 | 195 | -25.0% |
| Total | 1,532 | 1,310 | 1,978 | 1,890 | 7.3% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Norway in 2022:
- Sweden (69.2 tons)
- Denmark (51.2 tons)
- Netherlands (34.8 tons)
- United Kingdom (15.9 tons)
- Germany (2.8 tons)
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