Price for Albumins; Albuminates and Other Albumin Derivatives in Spain - 2023
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in Spain (CIF) - 2023
- Price for Albumins; Albuminates and Other Albumin Derivatives in Spain (FOB) - 2022
- Imports of Albumins; Albuminates and Other Albumin Derivatives in Spain
- Exports of Albumins; Albuminates and Other Albumin Derivatives in Spain
Price for Albumins; Albuminates and Other Albumin Derivatives in Spain (CIF) - 2023
The average import price for albumins; albuminates and other albumin derivativeses stood at $8,946 per ton in October 2023, jumping by 18% against the previous month. Over the period under review, the import price, however, showed a slight contraction. The pace of growth was the most pronounced in June 2023 when the average import price increased by 27% m-o-m. Over the period under review, average import prices attained the peak figure at $11,189 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($18,133 per ton), while the price for Italy ($3,242 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Albumins; Albuminates and Other Albumin Derivatives in Spain (FOB) - 2022
The average export price for albumins; albuminates and other albumin derivativeses stood at $2,209 per ton in 2022, jumping by 40% against the previous year. Overall, the export price continues to indicate a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($3,502 per ton), while the average price for exports to the Netherlands ($1,662 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 France (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Albumins; Albuminates and Other Albumin Derivatives in Spain
After three years of growth, purchases abroad of albumins; albuminates and other albumin derivativeses decreased by -14.1% to 6.4K tons in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, imports attained the peak of 7.4K tons, and then reduced in the following year.
In value terms, imports of albumins; albuminates and other albumin derivativeses rose markedly to $62M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Albumins; Albuminates and Other Albumin Derivatives in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.7 | 14.5 | 17.8 | 16.0 | 0.6% |
| Germany | 8.3 | 10.6 | 9.3 | 12.3 | 14.0% |
| Denmark | 1.5 | 1.7 | 5.2 | 7.3 | 69.5% |
| Netherlands | 3.0 | 2.5 | 6.7 | 6.9 | 32.0% |
| France | 4.3 | 5.0 | 7.1 | 5.7 | 9.9% |
| Italy | 1.9 | 2.2 | 3.0 | 5.6 | 43.4% |
| Ireland | 2.0 | 2.2 | 3.7 | 3.7 | 22.8% |
| Belgium | 0.9 | 0.8 | 0.9 | 1.0 | 3.6% |
| United Kingdom | 2.2 | 1.2 | N/A | N/A | -45.5% |
| Others | 1.4 | 2.8 | 2.7 | 3.6 | 37.0% |
| Total | 41.1 | 43.6 | 56.4 | 62.0 | 14.7% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Spain in 2022:
- Germany (1354.3 tons)
- United States (1248.5 tons)
- France (1204.4 tons)
- Netherlands (694.6 tons)
- Denmark (614.3 tons)
- Italy (547.6 tons)
- Ireland (346.7 tons)
- Belgium (145.0 tons)
- United Kingdom (1.3 tons)
Exports of Albumins; Albuminates and Other Albumin Derivatives in Spain
For the fourth consecutive year, Spain recorded growth in overseas shipments of albumins; albuminates and other albumin derivativeses, which increased by 15% to 9.9K tons in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.6% 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 +42.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of albumins; albuminates and other albumin derivativeses skyrocketed to $22M in 2022. Overall, exports saw 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.5 | 3.9 | 5.4 | 7.4 | 43.6% |
| Netherlands | 2.3 | 2.2 | 3.2 | 6.9 | 44.2% |
| France | 1.2 | 1.4 | 2.1 | 2.1 | 20.5% |
| Portugal | 0.3 | 0.3 | 0.8 | 1.0 | 49.4% |
| Belgium | N/A | N/A | N/A | 0.9 | 0% |
| Denmark | 0.1 | 0.1 | N/A | 0.7 | 91.3% |
| Others | 0.7 | 0.6 | 2.1 | 2.8 | 58.7% |
| Total | 7.0 | 8.6 | 13.6 | 21.9 | 46.3% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Spain in 2022:
- Netherlands (4.2K tons)
- Italy (3.9K tons)
- France (0.8K tons)
- Portugal (0.4K tons)
- Belgium (0.3K tons)
- Denmark (0.2K tons)
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