Kazakhstan: Albumins And Albuminates Market 2022

Albumins And Albuminates Market Size in Kazakhstan

The Kazakh albumins and albuminates market fell to $X in 2021, which is down by -6.2% 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). In general, consumption recorded a deep slump. Albumins and albuminates consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Albumins And Albuminates Exports

Exports from Kazakhstan

In 2021, approx. X tons of albumins, albuminates and other derivatives (excluding egg albumin) were exported from Kazakhstan; flattening at the previous year's figure. In general, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 3.6%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, albumins and albuminates exports stood at $X in 2021. Overall, exports faced a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 27% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for albumins and albuminates exports from Kazakhstan, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +54.1%.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia amounted to +27.3%.

Export Prices by Country

In 2021, the average albumins and albuminates export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 23%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -17.4% per year.

Albumins And Albuminates Imports

Imports into Kazakhstan

In 2021, after two years of decline, there was significant growth in purchases abroad of albumins, albuminates and other derivatives (excluding egg albumin), when their volume increased by 6.9% to X tons. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 86% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, albumins and albuminates imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2018 with an increase of 117%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of albumins and albuminates to Kazakhstan, with a 80% share of total imports. Moreover, albumins and albuminates imports from Russia exceeded the figures recorded by the second-largest supplier, Belarus (X tons), ninefold. The United States (X kg) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (-31.9% per year) and the United States (-4.0% per year).

In value terms, Russia ($X) constituted the largest supplier of albumins and albuminates to Kazakhstan, comprising 66% of total imports. The second position in the ranking was held by the United States ($X), with a 5.1% share of total imports. It was followed by Germany, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value from Russia totaled +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.3% per year) and Germany (-21.7% per year).

Import Prices by Country

In 2021, the average albumins and albuminates import price amounted to $X per ton, surging by 26% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, albumins and albuminates import price increased by +132.0% against 2017 indices. The growth pace was the most rapid in 2013 when the average import price increased by 62% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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