Price for Albumins; Albuminates and Other Albumin Derivatives in Kuwait - 2022
Contents:
- Price for Albumins; Albuminates and Other Albumin Derivatives in Kuwait (CIF) - 2022
- Imports of Albumins; Albuminates and Other Albumin Derivatives in Kuwait
Price for Albumins; Albuminates and Other Albumin Derivatives in Kuwait (CIF) - 2022
In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $4,127 per ton, shrinking by -3.5% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 62% against the previous year. Over the period under review, average import prices attained the peak figure at $6,227 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($12,406 per ton), while the price for Denmark ($1,935 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Albumins; Albuminates and Other Albumin Derivatives in Kuwait
In 2022, the amount of albumins; albuminates and other albumin derivativeses imported into Kuwait soared to 73 tons, increasing by 113% on 2021. Over the period under review, imports enjoyed 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 skyrocketed to $300K in 2022. Overall, imports saw prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Albumins; Albuminates and Other Albumin Derivatives in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 32.6 | 10.4 | 37.8 | 104 | 47.2% |
| United Arab Emirates | 36.0 | 24.8 | 26.0 | 96.4 | 38.9% |
| Greece | N/A | N/A | N/A | 44.5 | 0% |
| Lithuania | N/A | N/A | N/A | 14.3 | 0% |
| United States | 5.9 | 39.4 | 4.2 | 10.0 | 19.2% |
| Denmark | 8.0 | 6.4 | 17.8 | 9.0 | 4.0% |
| Italy | 9.7 | 6.1 | 5.8 | 8.2 | -5.4% |
| Poland | 85.7 | 44.6 | 35.3 | N/A | -35.8% |
| Bahrain | 28.7 | 4.9 | 11.4 | N/A | -37.0% |
| Others | 6.6 | 6.3 | 7.8 | 13.8 | 27.9% |
| Total | 213 | 143 | 146 | 300 | 12.1% |
Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Kuwait in 2022:
- United Arab Emirates (49.8 tons)
- Germany (8.4 tons)
- Denmark (4.7 tons)
- Greece (3.6 tons)
- Italy (3.1 tons)
- Lithuania (1.2 tons)
- United States (0.8 tons)
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