Brazil: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Brazil

In 2021, the Brazilian albumins and albuminates market increased by 28% to $X, rising for the fourth consecutive year after three years of decline. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +54.3% against 2017 indices. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Albumins And Albuminates Exports

Exports from Brazil

In 2021, overseas shipments of albumins, albuminates and other derivatives (excluding egg albumin) decreased by -50.5% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 17,565% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, albumins and albuminates exports dropped markedly to $X in 2021. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 9,781%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for albumins and albuminates exports from Brazil, with a 93% share of total exports. Moreover, albumins and albuminates exports to the United States exceeded the volume sent to the second major destination, Paraguay (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +57.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-9.6% per year) and Germany (0.0% per year).

In value terms, the United States ($X) remains the key foreign market for albumins, albuminates and other derivatives (excluding egg albumin) exports from Brazil, comprising 74% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 2.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +103.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-17.3% per year) and Germany (0.0% per year).

Export Prices by Country

The average albumins and albuminates export price stood at $X per ton in 2021, picking up by 55% against the previous year. In general, the export price saw a noticeable expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 484% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 the United States (+29.6%), while the prices for the other major destinations experienced a decline.

Albumins And Albuminates Imports

Imports into Brazil

In 2021, supplies from abroad of albumins, albuminates and other derivatives (excluding egg albumin) increased by 16% to X tons, rising for the fourth consecutive year after two years of decline. In general, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +10.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +80.0% against 2017 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 48%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, albumins and albuminates imports surged to $X in 2021. Overall, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +66.8% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 43%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Argentina (X tons), the United States (X tons) and Denmark (X tons) were the main suppliers of albumins and albuminates imports to Brazil, with a combined 90% share of total imports. These countries were followed by Germany, New Zealand and the Netherlands, which together accounted for a further 10%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +137.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest albumins and albuminates suppliers to Brazil were Argentina ($X), the United States ($X) and Denmark ($X), with a combined 86% share of total imports. Germany, New Zealand and the Netherlands lagged somewhat behind, together comprising a further 13%.

Among the main suppliers, the Netherlands, with a CAGR of +124.9%, saw the highest growth rate of 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

In 2021, the average albumins and albuminates import price amounted to $X per ton, surging by 18% against the previous year. In general, the import price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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