Poland: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Poland

In 2021, the Polish albumins and albuminates market increased by 31% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed moderate growth. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Albumins And Albuminates Production in Poland

In value terms, albumins and albuminates production stood at $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. Over the period under review, production reached the peak level in 2021 and is expected to retain growth in the near future.

Albumins And Albuminates Exports

Exports from Poland

In 2021, shipments abroad of albumins, albuminates and other derivatives (excluding egg albumin) increased by 118% to X tons, rising for the seventh consecutive year after two years of decline. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 158%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

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

Exports by Country

The Netherlands (X tons), India (X tons) and Hungary (X tons) were the main destinations of albumins and albuminates exports from Poland, together accounting for 64% of total exports. These countries were followed by Russia, the UK, Germany, China, Sweden, Greece and Italy, which together accounted for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +809.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for albumins and albuminates exported from Poland were the Netherlands ($X), India ($X) and Hungary ($X), together accounting for 65% of total exports. These countries were followed by the UK, Germany, Russia, China, Sweden, Greece and Italy, which together accounted for a further 22%.

Greece, with a CAGR of +804.2%, saw the highest growth rate of the value of exports, in terms of 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 42% against the previous year. Over the period under review, the export price, however, saw a slight setback. 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 Greece ($X per ton), while the average price for exports to Russia ($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 India (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Albumins And Albuminates Imports

Imports into Poland

For the fourth year in a row, Poland recorded growth in supplies from abroad of albumins, albuminates and other derivatives (excluding egg albumin), which increased by 72% to X tons in 2021. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 172%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, albumins and albuminates imports surged to $X in 2021. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 132% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Ireland (X tons) were the main suppliers of albumins and albuminates imports to Poland, with a combined 82% share of total imports. These countries were followed by France, Lithuania, Italy, Belgium, Denmark and the UK, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +422.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest albumins and albuminates suppliers to Poland were the Netherlands ($X), Germany ($X) and Ireland ($X), together comprising 81% of total imports. These countries were followed by Lithuania, France, Italy, Denmark, Belgium and the UK, which together accounted for a further 16%.

In terms of the main suppliers, Lithuania, with a CAGR of +445.9%, saw the highest growth rate of the value of imports, 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, with an increase of 29% against the previous year. In general, the import price, however, continues to indicate a noticeable decrease. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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