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

Contents:

  1. Price for Albumins; Albuminates and Other Albumin Derivatives in Croatia (CIF) - 2023
  2. Price for Albumins; Albuminates and Other Albumin Derivatives in Croatia (FOB) - 2022
  3. Imports of Albumins; Albuminates and Other Albumin Derivatives in Croatia
  4. Exports of Albumins; Albuminates and Other Albumin Derivatives in Croatia

Price for Albumins; Albuminates and Other Albumin Derivatives in Croatia (CIF) - 2023

In August 2023, the average import price for albumins; albuminates and other albumin derivativeses amounted to $11,661 per ton, almost unchanged from the previous month. In general, the import price showed a mild slump. The most prominent rate of growth was recorded in December 2022 an increase of 24% month-to-month. As a result, import price attained the peak level of $19,334 per ton. From January 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($12,606 per ton), while the price for Latvia ($2,235 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for albumins; albuminates and other albumin derivativeses stood at $7,204 per ton in 2022, surging by 8.6% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 69%. As a result, the export price attained the peak level of $12,917 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($19,835 per ton), while the average price for exports to Bosnia and Herzegovina ($3,110 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 Austria (-2.2%).

Imports of Albumins; Albuminates and Other Albumin Derivatives in Croatia

In 2022, the amount of albumins; albuminates and other albumin derivativeses imported into Croatia soared to 971 tons, surging by 27% compared with 2021 figures. Overall, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of albumins; albuminates and other albumin derivativeses soared to $14M in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 96%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Albumins; Albuminates and Other Albumin Derivatives in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark4,2882,0684,5258,47125.5%
Germany1,8769861,8703,77026.2%
Netherlands64.410312438581.5%
Austria40.525.031.329894.5%
Italy10.821.413.8238180.4%
Hungary96.110910617321.6%
Latvia27.126.529.832.96.7%
Ireland25711716028.1-52.2%
Others58.724939814735.8%
Total6,7193,7067,25913,54326.3%

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

  1. Denmark (484.3 tons)
  2. Germany (305.0 tons)
  3. Italy (66.6 tons)
  4. Netherlands (31.7 tons)
  5. Austria (23.8 tons)
  6. Latvia (19.6 tons)
  7. Hungary (16.2 tons)
  8. Ireland (2.5 tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Croatia

After three years of growth, shipments abroad of albumins; albuminates and other albumin derivativeses decreased by -36.4% to 63 tons in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 126% against the previous year.

In value terms, exports of albumins; albuminates and other albumin derivativeses contracted notably to $457K in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 163%.

Export of Albumins; Albuminates and Other Albumin Derivatives in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria35.7237399335110.9%
IranN/AN/AN/A1070%
Bosnia and Herzegovina40.737.541.911.4-34.6%
Slovenia30.91.65.83.1-53.5%
Hong Kong SARN/AN/A157N/A0%
Czech RepublicN/AN/A50.1N/A0%
Others1.49.38.30.2-47.7%
Total10928666245761.2%

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

  1. Austria (54.1 tons)
  2. Iran (5.4 tons)
  3. Bosnia and Herzegovina (3.7 tons)
  4. Slovenia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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