Austria: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Austria

The Austrian albumins and albuminates market rose modestly to $X in 2021, with an increase of 3.9% 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 continues to indicate a abrupt setback. Albumins and albuminates consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Albumins And Albuminates Exports

Exports from Austria

In 2021, the amount of albumins, albuminates and other derivatives (excluding egg albumin) exported from Austria surged to X tons, jumping by 62% on the previous year's figure. Over the period under review, exports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2017 with an increase of 195%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, albumins and albuminates exports soared to $X in 2021. In general, exports, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2017 with an increase of 185%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for albumins and albuminates exports from Austria, accounting for a 46% share of total exports. Moreover, albumins and albuminates exports to Germany exceeded the volume sent to the second major destination, Croatia (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (+264.3% per year) and the United States (+229.2% per year).

In value terms, Germany ($X) remains the key foreign market for albumins, albuminates and other derivatives (excluding egg albumin) exports from Austria, comprising 42% of total exports. The second position in the ranking was held by Croatia ($X), with a 13% share of total exports. It was followed by Spain, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (+274.5% per year) and Spain (+78.8% per year).

Export Prices by Country

In 2021, the average albumins and albuminates export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 60% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Albumins And Albuminates Imports

Imports into Austria

In 2021, purchases abroad of albumins, albuminates and other derivatives (excluding egg albumin) increased by 6.9% to X tons, rising for the third consecutive year after six years of decline. Over the period under review, imports, however, faced a abrupt decline. Over the period under review, imports attained the peak figure 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, recorded a deep downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest albumins and albuminates supplier to Austria, accounting for a 50% share of total imports. Moreover, albumins and albuminates imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was held by France (X tons), with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at -18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+8.3% per year) and France (+62.5% per year).

In value terms, Germany ($X) constituted the largest supplier of albumins, albuminates and other derivatives (excluding egg albumin) to Austria, comprising 54% of total imports. The second position in the ranking was taken by Belgium ($X), with a 17% share of total imports. It was followed by France, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+7.0% per year) and France (+44.8% per year).

Import Prices by Country

In 2021, the average albumins and albuminates import price amounted to $X per ton, growing by 13% against the previous year. In general, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +7.7% over the last nine years. 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 +12.8% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 42% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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