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

Contents:

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

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

The average export price for albumins; albuminates and other albumin derivativeses stood at $10,523 per ton in November 2022, growing by 3.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in January 2022 when the average export price increased by 16% m-o-m. The export price peaked at $12,214 per ton in May 2022; however, from June 2022 to November 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In November 2022, the highest price was recorded for prices to the Czech Republic ($10,440 per ton) and Russia ($10,405 per ton), while the average price for exports to Hungary ($10,123 per ton) and Poland ($10,293 per ton) were amongst the lowest.

From November 2021 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $8,886 per ton, rising by 43% against the previous year. In general, the import price, however, recorded a deep contraction. The import price peaked at $26,289 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the UK ($15,000 per ton), while the price for Latvia ($2,470 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Albumins; Albuminates and Other Albumin Derivatives in Slovakia

In 2022, the amount of albumins; albuminates and other albumin derivativeses exported from Slovakia skyrocketed to 929 tons, growing by 16% against the previous year's figure. The total export volume increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $9.9M in 2022. Over the period under review, exports showed significant growth. 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 Slovakia in 2022:

1. Russia (279.6 tons)
2. Czech Republic (261.7 tons)
3. Poland (209.1 tons)
4. Hungary (65.7 tons)
5. India (59.9 tons)
6. Ukraine (17.0 tons)
7. Bulgaria (9.3 tons)

Imports of Albumins; Albuminates and Other Albumin Derivatives in Slovakia

After three years of growth, overseas purchases of albumins; albuminates and other albumin derivativeses decreased by -7% to 401 tons in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 2.9% against the previous year.

In value terms, imports of albumins; albuminates and other albumin derivativeses soared to $3.6M in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. 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 Slovakia in 2022:

1. Czech Republic (94.1 tons)
2. Netherlands (92.5 tons)
3. Germany (83.7 tons)
4. Latvia (58.9 tons)
5. Hungary (31.7 tons)
6. Poland (22.9 tons)
7. Austria (11.4 tons)
8. France (0.2 tons)

Source: IndexBox Market Intelligence Platform