New Zealand: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in New Zealand

In 2021, the New Zealand albumins and albuminates market decreased by -75.2% to $X, falling for the second year in a row after three years of growth. Overall, consumption showed a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Albumins And Albuminates Production in New Zealand

In value terms, albumins and albuminates production fell to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 25%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Albumins And Albuminates Exports

Exports from New Zealand

In 2021, overseas shipments of albumins, albuminates and other derivatives (excluding egg albumin) increased by 29% to X tons, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 37%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, albumins and albuminates exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.4% 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 +69.3% against 2018 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), the United States (X tons) and Japan (X tons) were the main destinations of albumins and albuminates exports from New Zealand, together comprising 73% of total exports. These countries were followed by India, Singapore, South Korea, Australia and the Netherlands, which together accounted for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +71.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for albumins and albuminates exported from New Zealand were China ($X), Japan ($X) and the United States ($X), together comprising 72% of total exports. These countries were followed by the Netherlands, India, South Korea, Australia and Singapore, which together accounted for a further 22%.

Among the main countries of destination, the Netherlands, with a CAGR of +84.8%, 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

The average albumins and albuminates export price stood at $X per ton in 2021, declining by -4.2% against the previous year. In general, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2019 an increase of 29%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Singapore ($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 the Netherlands (+8.0%), while the prices for the other major destinations experienced a decline.

Albumins And Albuminates Imports

Imports into New Zealand

In 2021, purchases abroad of albumins, albuminates and other derivatives (excluding egg albumin) decreased by -59.5% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 1,272% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, albumins and albuminates imports dropped significantly to $X in 2021. Overall, imports, however, enjoyed noticeable growth. The pace of growth appeared the most rapid in 2018 when imports increased by 677% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X tons), Germany (X tons) and Australia (X tons) were the main suppliers of albumins and albuminates imports to New Zealand, together accounting for 85% of total imports. Denmark, Japan and France lagged somewhat behind, together comprising a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +64.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest albumins and albuminates suppliers to New Zealand were the United States ($X), Germany ($X) and Denmark ($X), together comprising 80% of total imports. These countries were followed by Australia, Japan and France, which together accounted for a further 18%.

Japan, with a CAGR of +46.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average albumins and albuminates import price amounted to $X per ton, surging by 17% against the previous year. Over the period under review, the import price, however, showed a slight reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 126% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 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 Denmark ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+5.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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