MENA: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in MENA

After two years of growth, the MENA's albumins and albuminates market decreased by X% to $X in 2022. Over the period under review, consumption continues to indicate a resilient expansion. The level of consumption peaked at $X in 2021, and then fell sharply in the following year.

Albumins And Albuminates Production in MENA

In value terms, albumins and albuminates production shrank modestly to $X in 2022 estimated in export price. In general, production, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Albumins And Albuminates Exports

Exports in MENA

In 2022, exports of albumins, albuminates and other derivatives (excluding egg albumin) in MENA declined rapidly to X tons, waning by X% on 2021. Overall, exports, however, continue to indicate modest growth. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, albumins and albuminates exports fell remarkably to $X in 2022. In general, exports showed a perceptible contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Israel (X tons) and Egypt (X tons) represented roughly X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons) and Turkey (X tons), together committing a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Egypt (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Israel ($X) remains the largest albumins and albuminates supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Turkey, with an X% share.

In Israel, albumins and albuminates exports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced a decline in the export price figures.

Albumins And Albuminates Imports

Imports in MENA

In 2022, overseas purchases of albumins, albuminates and other derivatives (excluding egg albumin) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then dropped markedly in the following year.

In value terms, albumins and albuminates imports shrank rapidly to $X in 2022. Overall, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of import peaked at $X in 2021, and then contracted rapidly in the following year.

Imports by Country

In 2022, Iran (X tons), distantly followed by Israel (X tons), Turkey (X tons), the United Arab Emirates (X tons) and Egypt (X tons) were the major importers of albumins, albuminates and other derivatives (excluding egg albumin), together constituting X% of total imports. Syrian Arab Republic (X tons) and Lebanon (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Lebanon (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 MENA were Iran ($X), Israel ($X) and Turkey ($X), with a combined X% share of total imports. The United Arab Emirates, Egypt, Lebanon and Syrian Arab Republic lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Lebanon, 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

The import price in MENA stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import 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 importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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