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

Contents:

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

Price for Albumins; Albuminates and Other Albumin Derivatives in Serbia (CIF) - 2022

In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $10,155 per ton, rising by 40% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for albumins; albuminates and other albumin derivativeses increased by +51.7% against 2019 indices. Over the period under review, average import prices reached the peak figure at $11,785 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($17,826 per ton), while the price for Italy ($2,934 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for albumins; albuminates and other albumin derivativeses stood at $11,870 per ton in 2022, with an increase of 44% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for albumins; albuminates and other albumin derivativeses increased by +49.8% against 2019 indices. The growth pace was the most rapid in 2014 when the average export price increased by 69%. Over the period under review, the average export prices hit record highs at $12,323 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($12,247 per ton), while the average price for exports to Montenegro ($8,319 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 Bosnia and Herzegovina (+3.1%), while the prices for the other major destinations experienced a decline.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Serbia

For the fourth consecutive year, Serbia recorded growth in overseas purchases of albumins; albuminates and other albumin derivativeses, which increased by 69% to 254 tons in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 145%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of albumins; albuminates and other albumin derivativeses skyrocketed to $2.6M in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 157%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Netherlands (151.6 tons)
2. Denmark (60.3 tons)
3. Lithuania (20.0 tons)
4. France (10.2 tons)
5. Italy (9.8 tons)
6. Germany (2.4 tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Serbia

In 2022, approx. 44 tons of albumins; albuminates and other albumin derivativeses were exported from Serbia; jumping by 134% against the previous year's figure. Overall, exports enjoyed significant growth. As a result, the exports reached 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 $527K 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.

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

1. Bosnia and Herzegovina (36.4 tons)
2. North Macedonia (6.0 tons)
3. Montenegro (2.0 tons)

Source: IndexBox Market Intelligence Platform