Report Update Nov 1, 2024

Colombia - Albumins, Albuminates and Other Derivatives (Excluding Egg Albumin) - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Colombia

The Colombian albumins and albuminates market soared to $X in 2021, with an increase of 109% 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). In general, consumption continues to indicate a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Albumins And Albuminates Exports

Exports from Colombia

In 2021, overseas shipments of albumins, albuminates and other derivatives (excluding egg albumin) decreased by -6.7% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2013 with an increase of 721% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, albumins and albuminates exports reduced to $X in 2021. Overall, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 81%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ecuador (X tons) was the main destination for albumins and albuminates exports from Colombia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Ecuador amounted to +6.3%.

In value terms, Ecuador ($X) also remains the key foreign market for albumins, albuminates and other derivatives (excluding egg albumin) exports from Colombia.

From 2012 to 2021, the average annual growth rate of value to Ecuador stood at +7.5%.

Export Prices by Country

The average albumins and albuminates export price stood at $X per ton in 2021, declining by -5.9% against the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 40%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2012 to 2021, the rate of growth in terms of prices for Ecuador amounted to +1.1% per year.

Albumins And Albuminates Imports

Imports into Colombia

Albumins and albuminates imports into Colombia skyrocketed to X tons in 2021, rising by 80% against the previous year's figure. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, albumins and albuminates imports soared to $X in 2021. In general, imports showed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Argentina (X tons), the United States (X tons) and the Netherlands (X tons) were the main suppliers of albumins and albuminates imports to Colombia, with a combined 99% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +46.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of albumins, albuminates and other derivatives (excluding egg albumin) to Colombia, comprising 80% of total imports. The second position in the ranking was taken by Argentina ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +24.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+6.5% per year) and the Netherlands (+23.9% per year).

Import Prices by Country

In 2021, the average albumins and albuminates import price amounted to $X per ton, with an increase of 33% against the previous year. Over the period under review, the import price, however, saw a noticeable decline. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (-8.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for albumins, albuminates and other derivatives (excluding egg albumin) in the world?

The countries with the highest volumes of albumins and albuminates consumption in 2021 were China, Japan and Denmark, with a combined 40% share of global consumption. France, Canada, India, Italy, South Korea, Spain, the United States, Russia, Hungary and Singapore lagged somewhat behind, together comprising a further 37%.

What are the largest producers of albumins, albuminates and other derivatives (excluding egg albumin) in the world?

The countries with the highest volumes of albumins and albuminates production in 2021 were the United States, New Zealand and Germany, with a combined 61% share of global production. These countries were followed by the Netherlands, France, Argentina, Ireland, Lithuania, Italy, Norway and Australia, which together accounted for a further 36%.

What are the leading suppliers of albumins, albuminates and other derivatives (excluding egg albumin) to Colombia?

In value terms, the United States constituted the largest supplier of albumins and albuminates to Colombia, comprising 63% of total imports. The second position in the ranking was occupied by Argentina, with a 31% share of total imports. It was followed by the Netherlands, with a 3.6% share.

What are the leading importers of albumins, albuminates and other derivatives (excluding egg albumin) from Colombia?

In value terms, Ecuador remains the key foreign market for albumins and albuminates exports from Colombia.

What is the average export price for albumins, albuminates and other derivatives (excluding egg albumin) in Colombia?

In 2021, the average albumins and albuminates export price amounted to $5,451 per ton, which is down by -13.9% against the previous year.

What is the average import price for albumins, albuminates and other derivatives (excluding egg albumin) in Colombia?

In 2021, the average albumins and albuminates import price amounted to $7,977 per ton, jumping by 31% against the previous year.

This report provides an in-depth analysis of the albumins and albuminates market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20596050 - Albumins, albuminates and other derivatives (excluding egg albumin)

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023