Price for Albumins; Albuminates and Other Albumin Derivatives in Iran - 2022

Contents:

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

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

The average import price for albumins; albuminates and other albumin derivativeses stood at $7,554 per ton in 2022, declining by -8.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs at $8,274 per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($15,261 per ton), while the price for Poland ($3,081 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for albumins; albuminates and other albumin derivativeses amounted to $8,048 per ton, dropping by -4.7% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 75% against the previous year. The export price peaked at $8,443 per ton in 2021, and then contracted slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +35.9% per year.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Iran

In 2022, imports of albumins; albuminates and other albumin derivativeses into Iran expanded to 683 tons, surging by 2.8% against the previous year's figure. Over the period under review, imports, however, showed a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 4%.

In value terms, imports of albumins; albuminates and other albumin derivativeses shrank to $5.2M in 2022. In general, imports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 14%.

Import of Albumins; Albuminates and Other Albumin Derivatives in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy65.6340199715121.7%
Belgium21581.539867646.5%
United States17625425562552.6%
Germany2,0485481,349546-35.6%
Greece66.912019950195.6%
Netherlands480405448479-0.1%
Poland16561.342.134728.1%
Turkey1,343399907344-36.5%
Luxembourg25.737.4202293125.1%
Denmark13912615124320.5%
Romania85.680.094.413717.0%
United Arab Emirates1,1401,974685100-55.6%
France42033433914.4-67.5%
Others24062.6228137-17.0%
Total6,6084,8225,4955,159-7.9%

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

  1. Poland (112.6 tons)
  2. United States (75.2 tons)
  3. Belgium (74.2 tons)
  4. Netherlands (64.3 tons)
  5. Turkey (55.6 tons)
  6. Germany (53.6 tons)
  7. Greece (53.5 tons)
  8. Italy (46.8 tons)
  9. Denmark (45.4 tons)
  10. Luxembourg (45.0 tons)
  11. Romania (16.7 tons)
  12. United Arab Emirates (16.2 tons)
  13. France (1.4 tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Iran

In 2022, after three years of growth, there was decline in shipments abroad of albumins; albuminates and other albumin derivativeses, when their volume decreased by -2.8% to 2.9 tons. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 5.9%. As a result, the exports reached the peak of 2.9 tons, and then declined modestly in the following year.

In value terms, exports of albumins; albuminates and other albumin derivativeses dropped to $23K in 2022. The total export value increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, the exports reached the peak of $25K, and then dropped in the following year.

Export of Albumins; Albuminates and Other Albumin Derivatives in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A23.00%
KazakhstanN/A7.015.3N/A118.6%
Iraq11.6N/A1.9N/A-59.5%
ArmeniaN/A14.27.6N/A-46.5%
Others6.5N/AN/AN/A0%
Total18.121.224.923.08.3%

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

  1. Turkey (2.9 tons)

Source: IndexBox Market Intelligence Platform

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