Switzerland: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Switzerland

In 2021, the Swiss albumins and albuminates market increased by 32% to $X, rising for the second year in a row after six years of decline. In general, consumption enjoyed a mild expansion. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Albumins And Albuminates Exports

Exports from Switzerland

In 2021, overseas shipments of albumins, albuminates and other derivatives (excluding egg albumin) decreased by -13.8% to X tons, falling for the third year in a row after seven years of growth. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 393%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, albumins and albuminates exports fell to $X in 2021. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 159%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for albumins and albuminates exports from Switzerland, with a 76% share of total exports. Moreover, albumins and albuminates exports to Russia exceeded the volume sent to the second major destination, Germany (X tons), sixfold. The third position in this ranking was taken by Greece (X tons), with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to +36.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+38.8% per year) and Greece (+1,028.7% per year).

In value terms, Russia ($X) remains the key foreign market for albumins, albuminates and other derivatives (excluding egg albumin) exports from Switzerland, comprising 56% of total exports. The second position in the ranking was taken by Germany ($X), with a 21% share of total exports. It was followed by Japan, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +25.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+28.4% per year) and Japan (+69.5% per year).

Export Prices by Country

The average albumins and albuminates export price stood at $X per ton in 2021, with an increase of 13% against the previous year. Over the period under review, the export price, however, faced a deep slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 14%. The export price peaked at $X per ton in 2012; however, from 2013 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 Japan ($X per ton), while the average price for exports to Russia ($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 Germany (-7.5%), while the prices for the other major destinations experienced a decline.

Albumins And Albuminates Imports

Imports into Switzerland

In 2021, overseas purchases of albumins, albuminates and other derivatives (excluding egg albumin) increased by 15% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +4.3% 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 +25.3% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 47% against the previous year. As a result, imports reached the peak of X tons; afterwards, it flattened through to 2021.

In value terms, albumins and albuminates imports skyrocketed to $X in 2021. In general, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.4% 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 +37.2% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 38%. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, Denmark (X tons) constituted the largest albumins and albuminates supplier to Switzerland, accounting for a 45% share of total imports. Moreover, albumins and albuminates imports from Denmark exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Denmark amounted to +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+14.9% per year) and Germany (+2.4% per year).

In value terms, Denmark ($X), the United States ($X) and Germany ($X) were the largest albumins and albuminates suppliers to Switzerland, together comprising 83% of total imports. These countries were followed by Ireland, the Netherlands, Poland and New Zealand, which together accounted for a further 15%.

Among the main suppliers, Poland, with a CAGR of +87.0%, 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

The average albumins and albuminates import price stood at $X per ton in 2021, picking up by 5.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 64%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average 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 New Zealand ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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