Africa: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Africa

In 2022, the African albumins and albuminates market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Albumins And Albuminates Production in Africa

In value terms, albumins and albuminates production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Albumins And Albuminates Exports

Exports in Africa

Albumins and albuminates exports declined markedly to X tons in 2022, falling by X% against the year before. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, albumins and albuminates exports fell notably to $X in 2022. Over the period under review, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Egypt prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. Swaziland (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by South Africa (X%). Tanzania (X tons) and Kenya (X tons) took a relatively small share of total exports.

Exports from Egypt increased at an average annual rate of X% from 2012 to 2022. At the same time, Tanzania (X%), Kenya (X%), Swaziland (X%) and South Africa (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. While the share of Egypt (X p.p.), Tanzania (X p.p.) and Kenya (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Swaziland (X p.p.) and South Africa (X p.p.) displayed negative dynamics.

In value terms, Tanzania ($X), Swaziland ($X) and Egypt ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Tanzania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2013 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced more modest paces of growth.

Albumins And Albuminates Imports

Imports in Africa

In 2022, supplies from abroad of albumins, albuminates and other derivatives (excluding egg albumin) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, albumins and albuminates imports fell to $X in 2022. Total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, South Africa (X tons) was the major importer of albumins, albuminates and other derivatives (excluding egg albumin), committing X% of total imports. Uganda (X tons) took the second position in the ranking, followed by Egypt (X tons) and Zimbabwe (X tons). All these countries together took near X% share of total imports. Swaziland (X tons), Tunisia (X tons) and Algeria (X tons) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of albumins, albuminates and other derivatives (excluding egg albumin). At the same time, Algeria (X%), Uganda (X%), Zimbabwe (X%), Tunisia (X%), Swaziland (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. While the share of Uganda (X p.p.), Zimbabwe (X p.p.), Egypt (X p.p.), Tunisia (X p.p.), Algeria (X p.p.) and Swaziland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported albumins, albuminates and other derivatives (excluding egg albumin) in Africa, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports. It was followed by Swaziland, with a X% share.

In South Africa, albumins and albuminates imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Swaziland (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Swaziland ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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