Report Update Nov 1, 2024

Turkey - Albumins, Albuminates and Other Derivatives (Excluding Egg Albumin) - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Turkey

The Turkish albumins and albuminates market contracted to $X in 2021, which is down by -9.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed prominent growth. Albumins and albuminates consumption peaked at $X in 2020, and then dropped in the following year.

Albumins And Albuminates Exports

Exports from Turkey

Albumins and albuminates exports from Turkey surged to X tons in 2021, growing by 31,670% compared with 2020. Over the period under review, exports recorded a buoyant increase. The growth pace was the most rapid in 2018 with an increase of 33,638% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

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

Exports by Country

Iran (X tons) was the main destination for albumins and albuminates exports from Turkey, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Iran stood at +25.4%.

From 2012 to 2021, the average annual rate of growth in terms of value to Iran stood at +33.2%.

Export Prices by Country

The average albumins and albuminates export price stood at $X per ton in 2021, which is down by -83.6% against the previous year. In general, the export price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2020 an increase of 2,160% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Iran.

From 2012 to 2021, the rate of growth in terms of prices for Iran amounted to +6.2% per year.

Albumins And Albuminates Imports

Imports into Turkey

In 2021, the amount of albumins, albuminates and other derivatives (excluding egg albumin) imported into Turkey reduced to X tons, standing approx. at 2020 figures. Over the period under review, imports, however, showed resilient growth. The pace of growth was the most pronounced in 2015 with an increase of 105% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then declined modestly in the following year.

In value terms, albumins and albuminates imports soared to $X in 2021. In general, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of 53% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

The United States (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of albumins and albuminates imports to Turkey, together comprising 89% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +3,332.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Poland ($X) and Germany ($X) constituted the largest albumins and albuminates suppliers to Turkey, together accounting for 85% of total imports.

In terms of the main suppliers, Poland, with a CAGR of +3,050.4%, saw the highest rates of growth with regard to 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, jumping by 30% against the previous year. Overall, the import price, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 when the average import price increased by 62% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a 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 ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+48.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for albumins, albuminates and other derivatives (excluding egg albumin) in the world?

The countries with the highest volumes of albumins and albuminates consumption in 2021 were China, Japan and Denmark, together accounting for 40% of global consumption. France, Canada, India, Italy, South Korea, Spain, the United States, Russia, Hungary and Singapore lagged somewhat behind, together accounting for a further 37%.

What are the largest producers of albumins, albuminates and other derivatives (excluding egg albumin) in the world?

The countries with the highest volumes of albumins and albuminates production in 2021 were the United States, New Zealand and Germany, together accounting for 61% of global production. These countries were followed by the Netherlands, France, Argentina, Ireland, Lithuania, Italy, Norway and Australia, which together accounted for a further 36%.

What are the leading suppliers of albumins, albuminates and other derivatives (excluding egg albumin) to Turkey?

In value terms, the United States, the Netherlands and Germany constituted the largest albumins and albuminates suppliers to Turkey, together comprising 62% of total imports.

What is the average export price for albumins, albuminates and other derivatives (excluding egg albumin) in Turkey?

The average albumins and albuminates export price stood at $7,197 per ton in 2021, picking up by 23% against the previous year.

What is the average import price for albumins, albuminates and other derivatives (excluding egg albumin) in Turkey?

In 2021, the average albumins and albuminates import price amounted to $6,853 per ton, growing by 7.8% against the previous year.

This report provides an in-depth analysis of the albumins and albuminates market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20596050 - Albumins, albuminates and other derivatives (excluding egg albumin)

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023