Europe: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Europe

The Europe albumins and albuminates market soared to $X in 2021, growing by 22% against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Albumins And Albuminates Production in Europe

In value terms, albumins and albuminates production soared to $X in 2021 estimated in export price. The total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +63.4% against 2018 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Albumins And Albuminates Exports

Exports in Europe

In 2021, exports of albumins, albuminates and other derivatives (excluding egg albumin) in Europe surged to X tons, growing by 33% on the year before. In general, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, albumins and albuminates exports skyrocketed to $X in 2021. Overall, exports saw a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) and the Netherlands (X tons) were the key exporters of albumins, albuminates and other derivatives (excluding egg albumin) in 2021, recording near 27% and 26% of total exports, respectively. Poland (X tons) took the next position in the ranking, followed by the UK (X tons), Belgium (X tons), France (X tons) and Ireland (X tons). All these countries together held approx. 34% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +54.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest albumins and albuminates supplying countries in Europe were Germany ($X), the Netherlands ($X) and the UK ($X), together accounting for 67% of total exports. These countries were followed by Poland, Ireland, France and Belgium, which together accounted for a further 24%.

Poland, with a CAGR of +53.0%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2021, jumping by 19% against the previous year. Over the period under review, the export price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2017 when the export price increased by 20% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.2%), while the other leaders experienced a decline in the export price figures.

Albumins And Albuminates Imports

Imports in Europe

In 2021, approx. X tons of albumins, albuminates and other derivatives (excluding egg albumin) were imported in Europe; jumping by 28% against the year before. In general, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, albumins and albuminates imports skyrocketed to $X in 2021. Overall, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK (X tons), the Netherlands (X tons), Germany (X tons), Denmark (X tons) and Poland (X tons) represented roughly 65% of total imports in 2021. It was distantly followed by France (X tons) and Spain (X tons), together constituting an 11% share of total imports. Hungary (X tons), Russia (X tons), Ireland (X tons), Belgium (X tons), Italy (X tons) and the Czech Republic (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +36.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest albumins and albuminates importing markets in Europe were the Netherlands ($X), the UK ($X) and Germany ($X), with a combined 46% share of total imports. Poland, France, Spain, Hungary, Denmark, Italy, Russia, Belgium, Ireland and the Czech Republic lagged somewhat behind, together comprising a further 46%.

Russia, with a CAGR of +31.6%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, picking up by 8.3% against the previous year. Over the period under review, the import price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2017 when the import price increased by 15%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+0.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform