EU: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in the EU

The EU albumins and albuminates market soared to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Albumins And Albuminates Production in the EU

In value terms, albumins and albuminates production fell notably to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced decrease. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Albumins And Albuminates Exports

Exports in the EU

For the third year in a row, the European Union recorded growth in shipments abroad of albumins, albuminates and other derivatives (excluding egg albumin), which increased by X% to X tons in 2022. In general, exports enjoyed a resilient increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, albumins and albuminates exports soared to $X in 2022. Overall, exports showed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

Germany (X tons) and the Netherlands (X tons) were the main exporters of albumins, albuminates and other derivatives (excluding egg albumin) in 2022, amounting to approx. X% and X% of total exports, respectively. It was distantly followed by Poland (X tons), Italy (X tons), France (X tons) and Belgium (X tons), together creating a X% share of total exports. Ireland (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest albumins and albuminates supplying countries in the European Union were Germany ($X), the Netherlands ($X) and Poland ($X), with a combined X% share of total exports.

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

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, jumping by X% against the previous year. Export price indicated a modest expansion from 2012 to 2022: its price 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, albumins and albuminates export price increased by X% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while Italy ($X per ton) was amongst the lowest.

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

Albumins And Albuminates Imports

Imports in the EU

In 2022, the amount of albumins, albuminates and other derivatives (excluding egg albumin) imported in the European Union expanded significantly to X tons, picking up by X% compared with 2021 figures. In general, imports showed strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, albumins and albuminates imports surged to $X in 2022. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Denmark (X tons), distantly followed by the Netherlands (X tons), Germany (X tons), Poland (X tons), France (X tons) and Spain (X tons) represented the largest importers of albumins, albuminates and other derivatives (excluding egg albumin), together creating X% of total imports. The following importers - Hungary (X tons), Italy (X tons), Ireland (X tons), Belgium (X tons), the Czech Republic (X tons) and Sweden (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest albumins and albuminates importing markets in the European Union were the Netherlands ($X), Germany ($X) and France ($X), with a combined X% share of total imports.

Among the main importing countries, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union 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 level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Sweden ($X per ton), while Denmark ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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