Canada: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Canada

The Canadian albumins and albuminates market skyrocketed to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a prominent expansion. Albumins and albuminates consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Albumins And Albuminates Exports

Exports from Canada

In 2022, shipments abroad of albumins, albuminates and other derivatives (excluding egg albumin) increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt downturn. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, albumins and albuminates exports soared to $X in 2022. Over the period under review, exports, however, showed a perceptible descent. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X tons), the United States (X tons) and Spain (X tons) were the main destinations of albumins and albuminates exports from Canada, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for albumins, albuminates and other derivatives (excluding egg albumin) exports from Canada, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average albumins and albuminates export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price, however, saw a notable expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the Czech Republic ($X 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 the United States (X%), while the prices for the other major destinations experienced a decline.

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Albumins And Albuminates Imports

Imports into Canada

Albumins and albuminates imports into Canada amounted to X tons in 2022, standing approx. at the year before. Over the period under review, total imports indicated a prominent expansion 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. Based on 2022 figures, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, albumins and albuminates imports soared to $X in 2022. In general, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of albumins and albuminates to Canada, with a X% share of total imports. Moreover, albumins and albuminates imports from the United States exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Denmark (X% per year).

In value terms, the United States ($X) constituted the largest supplier of albumins, albuminates and other derivatives (excluding egg albumin) to Canada, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Denmark (X% per year).

Import Prices by Country

In 2022, the average albumins and albuminates import price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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