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

Contents:

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

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

In August 2023, the average import price for albumins; albuminates and other albumin derivativeses amounted to $5,540 per ton, surging by 20% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 48% against the previous month. As a result, import price reached the peak level of $6,689 per ton. From February 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($19,767 per ton), while the price for Italy ($2,451 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for albumins; albuminates and other albumin derivativeses stood at $11,999 per ton in 2022, dropping by -18.7% against the previous year. Overall, the export price, however, saw a prominent increase. The pace of growth was the most pronounced in 2014 an increase of 83%. The export price peaked at $14,752 per ton in 2021, and then shrank markedly in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Moldova ($13,228 per ton) and Greece ($13,049 per ton), while the average price for exports to Bulgaria ($9,953 per ton) and Italy ($11,348 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 Iran (+45.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Romania

In 2022, imports of albumins; albuminates and other albumin derivativeses into Romania soared to 1.1K tons, increasing by 26% compared with the year before. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Over the period under review, imports of attained the peak figure 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 $5.7M in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 61%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Albumins; Albuminates and Other Albumin Derivatives in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5095307801,59446.3%
Poland1804699081,31393.9%
Greece50132663493723.2%
Netherlands1711971,01853546.3%
Ireland3514585804004.5%
Belgium80.995.017324945.5%
Hungary5.111.929.3247264.5%
Germany393367178175-23.6%
Others11836925723325.5%
Total2,3082,8224,5585,68335.0%

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

  1. Italy (699.2 tons)
  2. Poland (97.0 tons)
  3. Greece (74.2 tons)
  4. Germany (66.0 tons)
  5. Belgium (47.5 tons)
  6. Netherlands (42.7 tons)
  7. Hungary (27.2 tons)
  8. Ireland (25.7 tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Romania

In 2022, exports of albumins; albuminates and other albumin derivativeses from Romania surged to 95 tons, picking up by 367% compared with the previous year. Over the period under review, exports enjoyed 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 skyrocketed to $1.1M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Albumins; Albuminates and Other Albumin Derivatives in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.320079.96361184.6%
Greece10184.620746165.9%
MoldovaN/A0.26.825.71033.6%
BulgariaN/AN/A5.214.8184.6%
Iran149145N/AN/A-2.7%
Others4.34.71.0N/A-51.8%
Total2544353001,13864.9%

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

  1. Italy (56.0 tons)
  2. Greece (35.3 tons)
  3. Moldova (1.9 tons)
  4. Bulgaria (1.5 tons)

Source: IndexBox Market Intelligence Platform

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