Price for Albumins; Albuminates and Other Albumin Derivatives in Estonia - 2023

Contents:

  1. Price for Albumins; Albuminates and Other Albumin Derivatives in Estonia (CIF) - 2022
  2. Price for Albumins; Albuminates and Other Albumin Derivatives in Estonia (FOB) - 2022
  3. Imports of Albumins; Albuminates and Other Albumin Derivatives in Estonia
  4. Exports of Albumins; Albuminates and Other Albumin Derivatives in Estonia

Price for Albumins; Albuminates and Other Albumin Derivatives in Estonia (CIF) - 2022

In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $4,423 per ton, rising by 25% against the previous year. Over the period under review, the import price saw measured growth. The growth pace was the most rapid in 2020 an increase of 29%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($10,865 per ton), while the price for Lithuania ($1,547 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Albumins; Albuminates and Other Albumin Derivatives in Estonia (FOB) - 2022

The average export price for albumins; albuminates and other albumin derivativeses stood at $2,708 per ton in 2022, with an increase of 42% against the previous year. Over the period under review, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 134%. As a result, the export price reached the peak level of $4,129 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($4,357 per ton), while the average price for exports to Latvia amounted to $2,503 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Estonia

In 2022, approx. 253 tons of albumins; albuminates and other albumin derivativeses were imported into Estonia; picking up by 12% compared with the previous year's figure. The total import volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of albumins; albuminates and other albumin derivativeses soared to $1.1M in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 50%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Albumins; Albuminates and Other Albumin Derivatives in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A268628134.3%
Germany94.397.712215618.3%
Lithuania70.921.952.810012.1%
Denmark30.720416683.039.3%
Latvia11310311580.6-10.7%
Finland11697.859.366.4-17.0%
Others27.18.014.43.1-51.5%
Total4525327971,11835.2%

Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Estonia in 2022:

  1. Lithuania (64.9 tons)
  2. Netherlands (57.8 tons)
  3. Germany (52.6 tons)
  4. Latvia (44.0 tons)
  5. Denmark (21.4 tons)
  6. Finland (11.7 tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Estonia

In 2022, exports of albumins; albuminates and other albumin derivativeses from Estonia skyrocketed to 6.2 tons, with an increase of 34% against the year before. The total export volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of albumins; albuminates and other albumin derivativeses soared to $17K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Albumins; Albuminates and Other Albumin Derivatives in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia7.68.18.715.326.3%
Lithuania1.01.00.10.2-41.5%
Others0.20.1N/A1.491.3%
Total8.89.28.916.824.1%

Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Estonia in 2022:

  1. Latvia (6.1 tons)

Source: IndexBox Market Intelligence Platform

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