Czech Republic: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in the Czech Republic

The Czech albumins and albuminates market rose significantly to $X in 2021, surging by 8.8% 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, however, enjoyed a prominent increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Albumins And Albuminates Exports

Exports from the Czech Republic

In 2021, shipments abroad of albumins, albuminates and other derivatives (excluding egg albumin) was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 2,636% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, albumins and albuminates exports skyrocketed to $X in 2021. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 1,940% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Slovakia (X tons) and Romania (X tons) were the main destinations of albumins and albuminates exports from the Czech Republic, with a combined 69% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +773.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for albumins and albuminates exported from the Czech Republic were Germany ($X), Slovakia ($X) and Austria ($X), together comprising 75% of total exports.

Germany, with a CAGR of +1,020.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average albumins and albuminates export price stood at $X per ton in 2021, rising by 19% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 80%. The export price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Romania ($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 Germany (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Albumins And Albuminates Imports

Imports into the Czech Republic

In 2021, overseas purchases of albumins, albuminates and other derivatives (excluding egg albumin) decreased by -8.4% to X tons, falling for the second year in a row after six years of growth. Overall, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 90%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, albumins and albuminates imports surged to $X in 2021. Over the period under review, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 77% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Denmark (X tons) were the main suppliers of albumins and albuminates imports to the Czech Republic, with a combined 80% share of total imports. Belgium, Hungary, Ireland and Poland lagged somewhat behind, together comprising a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +241.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Denmark ($X) constituted the largest albumins and albuminates suppliers to the Czech Republic, together comprising 80% of total imports. These countries were followed by Hungary, Belgium, Ireland and Poland, which together accounted for a further 17%.

Hungary, with a CAGR of +228.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average albumins and albuminates import price stood at $X per ton in 2021, increasing by 32% against the previous year. Overall, the import price, however, saw a perceptible descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 35% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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 Ireland ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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