Eastern Europe: Albumins And Albuminates Market 2024

Albumins And Albuminates Market Size in Eastern Europe

For the fourth consecutive year, the East European albumins and albuminates market recorded growth in sales value, which increased by X% to $X in 2023. The total consumption indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. The level of consumption peaked in 2023 and is expected to retain growth in years to come.

Albumins And Albuminates Production in Eastern Europe

In value terms, albumins and albuminates production expanded significantly to $X in 2023 estimated in export price. In general, production showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Albumins And Albuminates Exports

Exports in Eastern Europe

Albumins and albuminates exports soared to X tons in 2023, growing by X% against the previous year. Overall, exports saw a significant increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in years to come.

In value terms, albumins and albuminates exports reduced notably to $X in 2023. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2022, and then shrank markedly in the following year.

Exports by Country

Poland was the main exporter of albumins, albuminates and other derivatives (excluding egg albumin) in Eastern Europe, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2023. It was distantly followed by Lithuania (X tons), committing a X% share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Lithuania (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Poland (X p.p.) and Lithuania (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest albumins and albuminates supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in Poland amounted to X%.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, dropping by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then dropped significantly in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while Poland stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Lithuania (X%).

Albumins And Albuminates Imports

Imports in Eastern Europe

In 2023, the amount of albumins, albuminates and other derivatives (excluding egg albumin) imported in Eastern Europe stood at X tons, picking up by X% on the previous year's figure. Overall, imports showed a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, albumins and albuminates imports fell rapidly to $X in 2023. Over the period under review, imports posted a strong increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then dropped notably in the following year.

Imports by Country

Poland was the key importing country with an import of about X tons, which reached X% of total imports. Hungary (X tons) took the second position in the ranking, followed by Russia (X tons) and the Czech Republic (X tons). All these countries together held approx. X% share of total imports. Slovakia (X tons) and Bulgaria (X tons) held a little share of total imports.

Imports into Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Slovakia (X%), Bulgaria (X%), Russia (X%), the Czech Republic (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. Poland (X p.p.), Russia (X p.p.), Slovakia (X p.p.), the Czech Republic (X p.p.) and Bulgaria (X p.p.) significantly strengthened its position in terms of the total imports, while Hungary saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Poland ($X) constitutes the largest market for imported albumins, albuminates and other derivatives (excluding egg albumin) in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Poland amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Hungary (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, shrinking by X% against the previous year. In general, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2022, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform