Egypt: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Egypt

In 2021, after four years of decline, there was significant growth in the Egyptian albumins and albuminates market, when its value increased by 229% to $X. Overall, consumption saw a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Albumins And Albuminates Production in Egypt

In value terms, albumins and albuminates production reduced to $X in 2021 estimated in export price. Overall, production saw a abrupt slump. The pace of growth appeared the most rapid in 2020 when the production volume increased by 14% against the previous year. Albumins and albuminates production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Albumins And Albuminates Exports

Exports from Egypt

In 2021, shipments abroad of albumins, albuminates and other derivatives (excluding egg albumin) increased by 4.9% to X tons, rising for the seventh year in a row after two years of decline. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 197%. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, albumins and albuminates exports rose remarkably to $X in 2021. In general, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of 132%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Pakistan (X tons) was the main destination for albumins and albuminates exports from Egypt, with a 5.4% share of total exports. Moreover, albumins and albuminates exports to Pakistan exceeded the volume sent to the second major destination, Bahrain (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Pakistan was relatively modest.

In value terms, Pakistan ($X) emerged as the key foreign market for albumins, albuminates and other derivatives (excluding egg albumin) exports from Egypt, comprising 36% of total exports. The second position in the ranking was held by Bahrain ($X), with a 3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Pakistan was relatively modest.

Export Prices by Country

In 2021, the average albumins and albuminates export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price, however, faced a deep slump. The pace of growth was the most pronounced in 2013 an increase of 18% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Pakistan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-4.2%).

Albumins And Albuminates Imports

Imports into Egypt

In 2021, after two years of decline, there was significant growth in supplies from abroad of albumins, albuminates and other derivatives (excluding egg albumin), when their volume increased by 339% to X tons. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 991% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, albumins and albuminates imports surged to $X in 2021. In general, imports recorded a remarkable increase. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X tons) constituted the largest albumins and albuminates supplier to Egypt, accounting for a 40% share of total imports. Moreover, albumins and albuminates imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France totaled +62.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+46.8% per year) and Germany (+60.7% per year).

In value terms, France ($X) constituted the largest supplier of albumins, albuminates and other derivatives (excluding egg albumin) to Egypt, comprising 40% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 18% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France totaled +40.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+36.5% per year) and Germany (+29.3% per year).

Import Prices by Country

In 2021, the average albumins and albuminates import price amounted to $X per ton, picking up by 7.7% against the previous year. Over the period under review, the import price, however, showed a pronounced decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 159% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+5.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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