Price for Albumins; Albuminates and Other Albumin Derivatives in Ireland - 2023
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in Ireland (FOB) - 2022
- Price for Albumins; Albuminates and Other Albumin Derivatives in Ireland (CIF) - 2022
- Exports of Albumins; Albuminates and Other Albumin Derivatives in Ireland
- Imports of Albumins; Albuminates and Other Albumin Derivatives in Ireland
Price for Albumins; Albuminates and Other Albumin Derivatives in Ireland (FOB) - 2022
In 2022, the average export price for albumins; albuminates and other albumin derivativeses amounted to $13,388 per ton, growing by 43% against the previous year. In general, the export price continues to indicate perceptible growth. 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 Belgium ($15,419 per ton), while the average price for exports to India ($7,308 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 the UK (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Albumins; Albuminates and Other Albumin Derivatives in Ireland (CIF) - 2022
The average import price for albumins; albuminates and other albumin derivativeses stood at $6,985 per ton in 2022, increasing by 5.9% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 48%. As a result, import price reached the peak level of $14,701 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
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 the United States ($36,851 per ton), while the price for Belgium ($3,729 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Albumins; Albuminates and Other Albumin Derivatives in Ireland
In 2022, overseas shipments of albumins; albuminates and other albumin derivativeses decreased by -14.6% to 6.6K tons, falling for the second year in a row after two years of growth. In general, exports showed a abrupt curtailment. The growth pace was the most rapid in 2020 when exports increased by 8.1%. As a result, the exports reached the peak of 8.4K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of albumins; albuminates and other albumin derivativeses surged to $88M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.8% 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 +72.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 23%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Albumins; Albuminates and Other Albumin Derivatives in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 9.2 | 10.0 | 11.4 | 31.2 | 50.2% |
| Netherlands | 6.0 | 9.2 | 9.9 | 12.4 | 27.4% |
| Germany | 6.2 | 3.7 | 3.8 | 7.5 | 6.6% |
| Italy | 5.2 | 3.4 | 5.8 | 6.5 | 7.7% |
| United States | 8.1 | 11.7 | 7.1 | 5.9 | -10.0% |
| Spain | 3.1 | 2.9 | 4.2 | 4.3 | 11.5% |
| Belgium | 2.3 | 2.0 | 2.5 | 2.9 | 8.0% |
| Switzerland | 1.1 | 1.3 | 1.9 | 2.1 | 24.1% |
| Czech Republic | 1.8 | 1.3 | 1.6 | 2.0 | 3.6% |
| Japan | 2.2 | 1.7 | 2.0 | 2.0 | -3.1% |
| Poland | 1.3 | 5.0 | 11.0 | 1.8 | 11.5% |
| France | 2.0 | 1.7 | 1.9 | 1.7 | -5.3% |
| India | N/A | 1.0 | 2.8 | 1.6 | 26.5% |
| Others | 2.8 | 4.0 | 6.1 | 6.5 | 32.4% |
| Total | 51.3 | 58.7 | 72.0 | 88.2 | 19.8% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Ireland in 2022:
- United Kingdom (2218.0 tons)
- Netherlands (986.0 tons)
- Germany (589.9 tons)
- Italy (476.8 tons)
- United States (469.9 tons)
- Spain (315.7 tons)
- India (212.4 tons)
- Belgium (186.3 tons)
- Czech Republic (141.4 tons)
- Switzerland (140.7 tons)
- Poland (139.5 tons)
- Japan (134.2 tons)
- France (123.7 tons)
Imports of Albumins; Albuminates and Other Albumin Derivatives in Ireland
For the fourth consecutive year, Ireland recorded growth in supplies from abroad of albumins; albuminates and other albumin derivativeses, which increased by 4.9% to 4.2K tons in 2022. The total import volume increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of albumins; albuminates and other albumin derivativeses rose significantly to $29M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.6% 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 +65.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 49%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Albumins; Albuminates and Other Albumin Derivatives in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.6 | 6.4 | 8.0 | 7.0 | -17.8% |
| Netherlands | 2.5 | 2.9 | 4.1 | 6.4 | 36.8% |
| Belgium | 0.6 | 0.5 | 3.5 | 4.3 | 92.8% |
| United Kingdom | 4.4 | 4.3 | 4.9 | 4.0 | -3.1% |
| France | 1.1 | 1.0 | 1.3 | 2.9 | 38.1% |
| Poland | 0.1 | 1.1 | 1.9 | 1.7 | 157.1% |
| Germany | 0.7 | 0.5 | 1.3 | 1.5 | 28.9% |
| Others | 0.9 | 0.9 | 1.2 | 1.4 | 15.9% |
| Total | 22.8 | 17.6 | 26.3 | 29.2 | 8.6% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Ireland in 2022:
- Belgium (1144.6 tons)
- United Kingdom (906.2 tons)
- Netherlands (831.9 tons)
- France (690.9 tons)
- United States (191.1 tons)
- Germany (165.1 tons)
- Poland (123.3 tons)
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