Price for Albumins; Albuminates and Other Albumin Derivatives in Belgium - 2023
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in Belgium (FOB) - 2022
- Price for Albumins; Albuminates and Other Albumin Derivatives in Belgium (CIF) - 2022
- Exports of Albumins; Albuminates and Other Albumin Derivatives in Belgium
- Imports of Albumins; Albuminates and Other Albumin Derivatives in Belgium
Price for Albumins; Albuminates and Other Albumin Derivatives in Belgium (FOB) - 2022
The average export price for albumins; albuminates and other albumin derivativeses stood at $4,221 per ton in 2022, surging by 21% against the previous year. Over the period under review, the export price, however, recorded a perceptible contraction. Over the period under review, the average export prices hit record highs at $5,759 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($15,692 per ton), while the average price for exports to France ($1,758 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Albumins; Albuminates and Other Albumin Derivatives in Belgium (CIF) - 2022
In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $7,428 per ton, picking up by 9.7% against the previous year. Over the period under review, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 62%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($18,778 per ton), while the price for Spain ($3,809 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Albumins; Albuminates and Other Albumin Derivatives in Belgium
After three years of growth, shipments abroad of albumins; albuminates and other albumin derivativeses decreased by -5.7% to 12K tons in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, the exports reached the peak of 13K tons, and then contracted in the following year.
In value terms, exports of albumins; albuminates and other albumin derivativeses rose rapidly to $52M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 32%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Albumins; Albuminates and Other Albumin Derivatives in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.8 | 7.1 | 10.5 | 8.4 | 2.5% |
| Netherlands | 1.5 | 2.7 | 3.4 | 6.6 | 63.9% |
| United Kingdom | 5.2 | 4.7 | 4.4 | 5.7 | 3.1% |
| Austria | 0.5 | 0.5 | 1.6 | 3.7 | 94.9% |
| Japan | 2.2 | 2.7 | 2.4 | 3.1 | 12.1% |
| Germany | 3.8 | 4.0 | 2.6 | 2.7 | -10.8% |
| Ireland | 0.6 | 0.6 | 1.7 | 2.5 | 60.9% |
| Denmark | 0.2 | 0.2 | 0.3 | 2.1 | 119.0% |
| Russia | 0.3 | 3.3 | 4.6 | 1.3 | 63.0% |
| Argentina | 1.1 | 1.1 | 1.4 | 1.2 | 2.9% |
| Others | 7.9 | 7.6 | 12.4 | 14.3 | 21.9% |
| Total | 31.1 | 34.3 | 45.3 | 51.6 | 18.4% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Belgium in 2022:
- France (4.8K tons)
- United Kingdom (1.5K tons)
- Austria (0.9K tons)
- Netherlands (0.8K tons)
- Germany (0.6K tons)
- Denmark (0.5K tons)
- Russia (0.5K tons)
- Ireland (0.3K tons)
- Japan (0.2K tons)
- Argentina (0.2K tons)
Imports of Albumins; Albuminates and Other Albumin Derivatives in Belgium
In 2022, overseas purchases of albumins; albuminates and other albumin derivativeses increased by 21% to 4.4K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt shrinkage.
In value terms, imports of albumins; albuminates and other albumin derivativeses skyrocketed to $32M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Albumins; Albuminates and Other Albumin Derivatives in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.7 | 10.6 | 8.6 | 13.2 | 1.3% |
| France | 3.8 | 4.0 | 4.3 | 7.8 | 27.1% |
| Germany | 2.5 | 4.7 | 7.0 | 6.0 | 33.9% |
| United States | 0.1 | 0.2 | 2.6 | 2.6 | 196.2% |
| Ireland | 1.8 | 0.4 | 0.6 | 1.1 | -15.1% |
| Spain | N/A | N/A | N/A | 1.0 | 0% |
| United Kingdom | 5.0 | 3.2 | 0.5 | 0.5 | -53.6% |
| Others | 0.4 | 0.5 | 0.9 | 0.3 | -9.1% |
| Total | 26.4 | 23.6 | 24.4 | 32.5 | 7.2% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Belgium in 2022:
- Netherlands (2703.0 tons)
- Germany (555.2 tons)
- France (414.1 tons)
- United States (293.2 tons)
- Spain (255.2 tons)
- Ireland (82.8 tons)
- United Kingdom (44.4 tons)
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