India: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in India

The Indian albumins and albuminates market stood at $X in 2022, remaining stable 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). Over the period under review, consumption, however, recorded significant growth. Albumins and albuminates consumption peaked in 2022 and is likely to see gradual growth in the near future.

Albumins And Albuminates Exports

Exports from India

For the third consecutive year, India recorded growth in overseas shipments of albumins, albuminates and other derivatives (excluding egg albumin), which increased by X% to X tons in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, albumins and albuminates exports skyrocketed to $X in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Nepal (X tons) was the main destination for albumins and albuminates exports from India, accounting for a X% share of total exports. Moreover, albumins and albuminates exports to Nepal exceeded the volume sent to the second major destination, Thailand (X tons), threefold. Nigeria (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nepal amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Nigeria (X% per year).

In value terms, the largest markets for albumins and albuminates exported from India were Thailand ($X), Nepal ($X) and Nigeria ($X), together accounting for X% of total exports.

Among the main countries of destination, Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average albumins and albuminates export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price continues to indicate a noticeable expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Nepal ($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 Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Albumins And Albuminates Imports

Imports into India

In 2022, approx. X tons of albumins, albuminates and other derivatives (excluding egg albumin) were imported into India; reducing by X% on 2021 figures. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then shrank markedly in the following year.

In value terms, albumins and albuminates imports soared to $X in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

Poland (X tons), the United States (X tons) and New Zealand (X tons) were the main suppliers of albumins and albuminates imports to India, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, 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 suppliers to India were Poland ($X), the United States ($X) and New Zealand ($X), with a combined X% share of total imports.

In terms of the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of 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 average albumins and albuminates import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price posted a temperate expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and the UK ($X per ton), while the price for New Zealand ($X per ton) and the United States ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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