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

Contents:

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

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

In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $11,609 per ton, jumping by 57% against the previous year. Overall, the import price continues to indicate a measured expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 67% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($16,286 per ton), while the price for New Zealand ($9,829 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for albumins; albuminates and other albumin derivativeses stood at $4,296 per ton in 2022, picking up by 28% against the previous year. In general, the export price, however, saw a deep slump. The growth pace was the most rapid in 2018 an increase of 76% against the previous year. The export price peaked at $13,450 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Swaziland ($8,269 per ton), while the average price for exports to Seychelles ($1,638 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 India (+1,507.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Albumins; Albuminates and Other Albumin Derivatives in South Africa

After three years of growth, supplies from abroad of albumins; albuminates and other albumin derivativeses decreased by -34.4% to 989 tons in 2022. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year. As a result, imports reached the peak of 1.5K tons, and then shrank markedly in the following year.

In value terms, imports of albumins; albuminates and other albumin derivativeses amounted to $11M in 2022. In general, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 89%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Albumins; Albuminates and Other Albumin Derivatives in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.53.27.06.34.6%
France0.40.40.51.348.1%
Netherlands0.40.31.31.244.2%
Italy0.50.30.61.130.1%
New Zealand0.10.10.90.791.3%
GermanyN/AN/A0.10.2100.0%
Belgium0.10.20.20.226.0%
AustraliaN/A1.3N/AN/A0%
Others0.2N/A0.60.426.0%
Total7.25.911.211.516.9%

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

  1. United States (564.6 tons)
  2. Netherlands (100.2 tons)
  3. Italy (86.3 tons)
  4. France (81.3 tons)
  5. New Zealand (74.4 tons)
  6. Germany (20.1 tons)
  7. Belgium (16.4 tons)
  8. Australia (11.4 tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in South Africa

For the third consecutive year, South Africa recorded decline in shipments abroad of albumins; albuminates and other albumin derivativeses, which decreased by -1.4% to 21 tons in 2022. Over the period under review, exports continue to indicate a sharp decrease.

In value terms, exports of albumins; albuminates and other albumin derivativeses skyrocketed to $91K in 2022. In general, exports showed a sharp shrinkage.

Export of Albumins; Albuminates and Other Albumin Derivatives in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A59.664.68.4%
Angola1.60.2N/A17.1120.3%
ZambiaN/A1.00.94.1102.5%
MozambiqueN/A8.31.41.9-52.2%
Botswana1.41.21.41.76.7%
SeychellesN/AN/AN/A0.80%
Swaziland7075160.10.2-93.4%
Saint Helena, Ascension and Tristan da Cunha1.60.80.5N/A-44.1%
India55.30.1N/AN/A-99.8%
SingaporeN/A25.6N/AN/A0%
Others12.08.78.40.8-59.5%
Total77956272.391.2-51.1%

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

  1. Netherlands (16.1 tons)
  2. Angola (2.2 tons)
  3. Zambia (1.1 tons)
  4. Botswana (0.6 tons)
  5. Seychelles (0.5 tons)
  6. Mozambique (0.5 tons)

Source: IndexBox Market Intelligence Platform

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