Luxembourg: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Luxembourg

The Luxembourg albumins and albuminates market rose rapidly to $X in 2022, increasing by X% against the previous year. In general, the total consumption indicated a moderate expansion 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 2016 indices. Albumins and albuminates consumption peaked in 2022 and is expected to retain growth in years to come.

Albumins And Albuminates Production in Luxembourg

In value terms, albumins and albuminates production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Albumins and albuminates production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Albumins And Albuminates Exports

Exports from Luxembourg

In 2022, shipments abroad of albumins, albuminates and other derivatives (excluding egg albumin) decreased by X% to X kg for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports recorded a pronounced decline. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, albumins and albuminates exports dropped markedly to $X in 2022. In general, exports, however, showed modest growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then reduced dramatically in the following year.

Exports by Country

Germany (X kg) was the main destination for albumins and albuminates exports from Luxembourg, with a X% share of total exports. It was followed by Belgium (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%.

In value terms, Germany ($X) remains the key foreign market for albumins, albuminates and other derivatives (excluding egg albumin) exports from Luxembourg, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%.

Export Prices by Country

In 2022, the average albumins and albuminates export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%).

Albumins And Albuminates Imports

Imports into Luxembourg

In 2022, albumins and albuminates imports into Luxembourg soared to X tons, growing by X% compared with 2021. In general, imports enjoyed strong growth. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, albumins and albuminates imports soared to $X in 2022. Overall, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) was the main supplier of albumins and albuminates to Luxembourg, with a X% share of total imports. Moreover, albumins and albuminates imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of albumins, albuminates and other derivatives (excluding egg albumin) to Luxembourg, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average albumins and albuminates import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the Netherlands ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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