SADC: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in SADC

The SADC albumins and albuminates market declined to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then declined in the following year.

Albumins And Albuminates Production in SADC

In value terms, albumins and albuminates production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production showed prominent growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Albumins And Albuminates Exports

Exports in SADC

In 2022, approx. X tons of albumins, albuminates and other derivatives (excluding egg albumin) were exported in SADC; waning by X% compared with the previous year. In general, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, albumins and albuminates exports fell significantly to $X in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Swaziland (X tons) and South Africa (X tons) were the main exporters of albumins, albuminates and other derivatives (excluding egg albumin) in 2022, reaching approx. X% and X% of total exports, respectively. It was distantly followed by Tanzania (X tons), committing a X% share of total exports.

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

In value terms, Tanzania ($X), Swaziland ($X) and South Africa ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Tanzania, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, with an increase of X% against the previous year. Export price indicated resilient growth 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. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

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 Tanzania ($X per ton), while South Africa ($X per ton) was amongst the lowest.

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

Albumins And Albuminates Imports

Imports in SADC

After two years of growth, overseas purchases of albumins, albuminates and other derivatives (excluding egg albumin) decreased by X% to X tons in 2022. Total imports indicated a perceptible increase from 2012 to 2022: its volume 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. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, albumins and albuminates imports dropped to $X in 2022. Total imports indicated a noticeable 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

South Africa prevails in imports structure, reaching X tons, which was approx. X% of total imports in 2022. Zimbabwe (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Swaziland (X%). Tanzania (X tons) held a relatively small share of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of albumins, albuminates and other derivatives (excluding egg albumin). At the same time, Zimbabwe (X%), Tanzania (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. While the share of Zimbabwe (X p.p.), Swaziland (X p.p.) and Tanzania (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported albumins, albuminates and other derivatives (excluding egg albumin) in SADC, comprising X% of total imports. The second position in the ranking was held by Swaziland ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Swaziland (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, surging by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in years to come.

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 Tanzania ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :