Price for Albumins; Albuminates and Other Albumin Derivatives in Portugal - 2023
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in Portugal (CIF) - 2023
- Price for Albumins; Albuminates and Other Albumin Derivatives in Portugal (FOB) - 2023
- Imports of Albumins; Albuminates and Other Albumin Derivatives in Portugal
- Exports of Albumins; Albuminates and Other Albumin Derivatives in Portugal
Price for Albumins; Albuminates and Other Albumin Derivatives in Portugal (CIF) - 2023
In October 2023, the average import price for albumins; albuminates and other albumin derivativeses amounted to $5,709 per ton, picking up by 23% against the previous month. Overall, import price indicated a tangible increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for albumins; albuminates and other albumin derivativeses increased by +22.8% against September 2023 indices. The growth pace was the most rapid in November 2022 an increase of 51% m-o-m. Over the period under review, average import prices hit record highs at $6,410 per ton in January 2023; however, from February 2023 to October 2023, import prices stood at a somewhat 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 Denmark ($15,104 per ton), while the price for France ($2,607 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 (+29.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Albumins; Albuminates and Other Albumin Derivatives in Portugal (FOB) - 2023
The average export price for albumins; albuminates and other albumin derivativeses stood at $1,243 per ton in October 2023, increasing by 3.6% against the previous month. Over the period under review, the export price, however, showed a perceptible downturn. The pace of growth was the most pronounced in November 2022 an increase of 13% against the previous month. As a result, the export price attained the peak level of $1,809 per ton. From December 2022 to October 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In October 2023, the country with the highest price was Spain ($1,446 per ton), while the average price for exports to the Netherlands amounted to $1,078 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.7%).
Imports of Albumins; Albuminates and Other Albumin Derivatives in Portugal
In 2022, the amount of albumins; albuminates and other albumin derivativeses imported into Portugal surged to 1.2K tons, increasing by 60% compared with 2021 figures. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of albumins; albuminates and other albumin derivativeses surged to $7.5M in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 88%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Albumins; Albuminates and Other Albumin Derivatives in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 532 | 584 | 826 | 2,497 | 67.4% |
| Spain | 213 | 546 | 739 | 1,568 | 94.5% |
| Italy | 389 | 507 | 252 | 1,268 | 48.3% |
| Netherlands | 533 | 168 | 1,550 | 802 | 14.6% |
| Lithuania | N/A | N/A | N/A | 316 | 0% |
| Belgium | 219 | 151 | 152 | 297 | 10.7% |
| Germany | 412 | 38.2 | 189 | 203 | -21.0% |
| Denmark | 144 | 106 | 173 | 136 | -1.9% |
| Ireland | N/A | N/A | 11.8 | 135 | 1044.1% |
| Others | 29.8 | 88.1 | 215 | 265 | 107.2% |
| Total | 2,472 | 2,188 | 4,109 | 7,488 | 44.7% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Portugal in 2022:
- Spain (595.4 tons)
- France (267.4 tons)
- Italy (124.8 tons)
- Netherlands (64.6 tons)
- Belgium (35.0 tons)
- Ireland (21.0 tons)
- Lithuania (19.0 tons)
- Germany (14.5 tons)
- Denmark (11.3 tons)
Exports of Albumins; Albuminates and Other Albumin Derivatives in Portugal
In 2022, approx. 2.4K tons of albumins; albuminates and other albumin derivativeses were exported from Portugal; with a decrease of -41.9% against 2021. In general, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 65% against the previous year. As a result, the exports reached the peak of 4.1K tons, and then contracted significantly in the following year.
In value terms, exports of albumins; albuminates and other albumin derivativeses dropped sharply to $3.7M in 2022. Overall, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.9% 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 +51.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 92%. As a result, the exports reached the peak of $4.7M, and then reduced remarkably in the following year.
| Export of Albumins; Albuminates and Other Albumin Derivatives in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.1 | 1.5 | 2.5 | 3.0 | 39.7% |
| Netherlands | 2.0 | 0.8 | 2.1 | 0.6 | -33.1% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 3.2 | 2.4 | 4.7 | 3.7 | 5.0% |
Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Portugal in 2022:
- Spain (1974.4 tons)
- Netherlands (395.9 tons)
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