United Kingdom: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in the UK

The UK albumins and albuminates market surged to $X in 2021, growing by 66% against the previous year. Over the period under review, consumption enjoyed a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Albumins And Albuminates Production in the UK

In value terms, albumins and albuminates production totaled $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. Over the period under review, production attained the peak level in 2021 and is likely to continue growth in the immediate term.

Albumins And Albuminates Exports

Exports from the UK

In 2021, the amount of albumins, albuminates and other derivatives (excluding egg albumin) exported from the UK surged to X tons, jumping by 198% on the year before. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, albumins and albuminates exports skyrocketed to $X in 2021. Overall, exports enjoyed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

India (X tons), Singapore (X tons) and the United States (X tons) were the main destinations of albumins and albuminates exports from the UK, with a combined 46% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +351.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for albumins and albuminates exported from the UK were the United States ($X), India ($X) and Singapore ($X), together comprising 43% of total exports.

Singapore, with a CAGR of +203.1%, 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, reducing by -20.9% against the previous year. In general, the export price saw a pronounced setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 49%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Russia ($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 Taiwan (Chinese) (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

Albumins And Albuminates Imports

Imports into the UK

After two years of growth, purchases abroad of albumins, albuminates and other derivatives (excluding egg albumin) decreased by -11.8% to X tons in 2021. In general, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of 46% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020, and then reduced in the following year.

In value terms, albumins and albuminates imports reached $X in 2021. Over the period under review, imports, however, showed a prominent increase. The growth pace was the most rapid in 2017 with an increase of 46%. Over the period under review, imports reached the maximum 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 the UK, with a combined 81% share of total imports. The United States, Poland, France, Belgium and Denmark lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +49.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest albumins and albuminates suppliers to the UK were Germany ($X), the Netherlands ($X) and the United States ($X), with a combined 76% share of total imports.

Among the main suppliers, the United States, with a CAGR of +39.3%, 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, surging by 22% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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