Germany: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Germany

The German albumins and albuminates market dropped markedly to $X in 2021, shrinking by -66.4% against the previous year. Over the period under review, consumption continues to indicate a sharp reduction. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Albumins And Albuminates Production in Germany

In value terms, albumins and albuminates production stood at $X in 2021 estimated in export price. Overall, production recorded a slight decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by 14% against the previous year. Albumins and albuminates production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Albumins And Albuminates Exports

Exports from Germany

In 2021, the amount of albumins, albuminates and other derivatives (excluding egg albumin) exported from Germany rose markedly to X tons, increasing by 11% against the previous year. Overall, total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +33.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, albumins and albuminates exports soared to $X in 2021. In general, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +48.2% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), Japan (X tons) and Poland (X tons) were the main destinations of albumins and albuminates exports from Germany, together accounting for 53% of total exports. These countries were followed by the Netherlands, the UK, Belgium, India, France, the United States, Spain, Vietnam, Austria and Denmark, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +42.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for albumins and albuminates exported from Germany were China ($X), Japan ($X) and Poland ($X), together accounting for 52% of total exports. The Netherlands, the UK, the United States, France, India, Vietnam, Spain, Belgium, Austria and Denmark lagged somewhat behind, together accounting for a further 31%.

Among the main countries of destination, Vietnam, with a CAGR of +42.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average albumins and albuminates export price amounted to $X per ton, with an increase of 28% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price 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 destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Belgium ($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 Austria (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Albumins And Albuminates Imports

Imports into Germany

Albumins and albuminates imports into Germany totaled X tons in 2021, picking up by 6.9% against 2020 figures. Over the period under review, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.1% against 2016 indices. The growth pace was the most rapid in 2014 when imports increased by 86%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, albumins and albuminates imports surged to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.5% 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 +63.9% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of albumins and albuminates to Germany, accounting for a 49% share of total imports. Moreover, albumins and albuminates imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Denmark (X tons), fourfold. The third position in this ranking was held by Italy (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+0.4% per year) and Italy (+20.0% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of albumins, albuminates and other derivatives (excluding egg albumin) to Germany, comprising 50% of total imports. The second position in the ranking was taken by Denmark ($X), with a 16% share of total imports. It was followed by Lithuania, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands totaled +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+8.9% per year) and Lithuania (+62.1% per year).

Import Prices by Country

In 2021, the average albumins and albuminates import price amounted to $X per ton, picking up by 18% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 49%. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 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 ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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