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

Contents:

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

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

In October 2023, the average import price for albumins; albuminates and other albumin derivativeses amounted to $11,195 per ton, growing by 191% against the previous month. Overall, the import price posted a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From October 2022 to October 2023, the rate of growth in terms of prices for Norway amounted to +8.4% per month.

Price for Albumins; Albuminates and Other Albumin Derivatives in Sweden (FOB) - 2023

The average export price for albumins; albuminates and other albumin derivativeses stood at $10,839 per ton in October 2023, picking up by 42% against the previous month. Overall, the export price, however, continues to indicate a pronounced shrinkage. The growth pace was the most rapid in August 2023 when the average export price increased by 119% against the previous month. Over the period under review, the average export prices attained the maximum at $40,200 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($20,077 per ton), while the average price for exports to Norway ($6,513 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Sweden

In 2022, imports of albumins; albuminates and other albumin derivativeses into Sweden skyrocketed to 7.7K tons, increasing by 54% on the previous year. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.2% against 2020 indices.

In value terms, imports of albumins; albuminates and other albumin derivativeses surged to $33M in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Albumins; Albuminates and Other Albumin Derivatives in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.93.56.99.973.4%
United Kingdom0.32.03.18.9209.6%
Germany0.72.74.67.0115.4%
Norway0.20.31.42.9143.8%
Poland8.76.21.11.7-42.0%
Denmark0.90.70.81.313.0%
Others0.30.50.50.944.2%
Total12.915.918.432.636.2%

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

  1. Netherlands (3.7K tons)
  2. United Kingdom (1.3K tons)
  3. Norway (1.3K tons)
  4. Germany (0.6K tons)
  5. Denmark (0.5K tons)
  6. Poland (0.1K tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Sweden

In 2022, exports of albumins; albuminates and other albumin derivativeses from Sweden skyrocketed to 1.3K tons, growing by 38% against the previous year. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of albumins; albuminates and other albumin derivativeses surged to $16M in 2022. Overall, exports saw 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 Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom4166852,2948,942178.0%
Netherlands1,2209891,2081,89115.7%
Japan63.51112641,047154.5%
Norway35970081797139.3%
South Korea39332658491832.7%
Denmark18423651636926.1%
Thailand47.043.625336998.8%
Germany56645919327.9-63.3%
Others7521,3891,0151,04211.5%
Total4,0024,9387,14515,57657.3%

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

  1. United Kingdom (485.0 tons)
  2. Netherlands (272.4 tons)
  3. Denmark (163.1 tons)
  4. Japan (114.4 tons)
  5. South Korea (104.3 tons)
  6. Norway (47.3 tons)
  7. Thailand (42.6 tons)
  8. Germany (3.0 tons)

Source: IndexBox Market Intelligence Platform

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