Earlier Report Observations
The Hungarian market for albumins, albuminates and albumin derivatives saw its physical volume grow from 4 538 t in 2019 to 5 897 t in 2021, an increase of nearly 30%. This was followed by a contraction to 5 045 t in 2022 before a recovery to 5 743 t in 2023.
In value terms, the market displayed more pronounced volatility. Its value rose from 26,6 million USD in 2019 to 42,0 million USD in 2021 and further to a peak of 56,8 million USD in 2022. A significant correction followed, bringing the market value down to 36,5 million USD in 2023.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In kind
- 4.1.1. Production, 2019, 2021-2023
- 4.1.2. Imports, 2018-2025
- 4.1.3. Exports, 2018-2025
- 4.1.4. Market size, 2019, 2021-2023
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4.2. In value
- 4.2.1. Production, 2019, 2021-2023
- 4.2.2. Imports, 2018-2025
- 4.2.3. Exports, 2018-2025
- 4.2.4. Market size, 2019, 2021-2023
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4.1. In kind
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5. Production
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5.1. Production in Hungary
- 5.1.1. In kind, 2019, 2021-2023, t
- 5.1.2. In value, 2019, 2021-2023, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Hungary
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Hungary in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Hungary, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Hungary in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Hungary, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production albumins, albuminates and albumin derivatives in Hungary
In value, 2018-2021, K $ US
In 2021, Hungary's output of albumins, albuminates, and albumin derivatives was valued at 1 511 K $ US, showing little change from the previous year. Over the period from 2019 to 2021, production grew by 50.1%, with a compound annual growth rate of 14.5%.
Annual dynamics of production in Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
In kind, 2018-2021, t
In 2021, Hungary produced 444.0 t of albumins, albuminates, and albumin derivatives, with only minor variations compared to 2020. From 2019 to 2021, production fell by 14%, resulting in a compound annual growth rate of -4.9%.
Annual dynamics of production in Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports albumins, albuminates and albumin derivatives from Hungary
Exports in kind, t
In 2021, Hungary's exports of albumins, albuminates, and albumin derivatives reached 185 t, a decrease of 33.3% from 2020. Between 2018 and 2021, exports dropped by 40%, with a compound annual growth rate of -15.6%. The largest increase occurred in 2020, at 20.0%.
Annual dynamics of product's exports from Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (24.9%) | 20.0% | (33.3%) | (15.6%) |
From 2018 to 2021, Slovakia, the Netherlands, and Austria were the primary partners for Hungary's exports in kind. Slovakia accounted for 66.3% of exports, the Netherlands for 10.0%, and Austria for 4.1%, together making up 80.4% of total flows.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Hungary in kind, 2018-2021
Exports in value, K $ US
In 2021, Hungary exported 1 329 K $ US worth of albumins, albuminates, and albumin derivatives, down 12.2% year-over-year. Between 2018 and 2021, exports declined by 19.8%, equating to an annualized rate of -7.1%. The lowest value was recorded in 2019 at 1 216 K $ US, with the largest decline of 26.6% also in 2019, while the largest increase of 24.5% occurred in 2020.
Annual dynamics of product's exports from Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (26.6%) | 24.5% | (12.2%) | (7.1%) |
From 2018 to 2021, Slovakia, the Netherlands, and Serbia consistently served as the main destinations for Hungary's exports in value terms. Slovakia represented 61.7% of exports, the Netherlands 6.5%, and Serbia 4.3%, collectively accounting for 72.5% of total flows.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Hungary in value, 2018-2021
Imports albumins, albuminates and albumin derivatives to Hungary
Imports in kind, t
Hungary's imports of albumins, albuminates, and albumin derivatives increased for the second consecutive year in 2021, reaching 5 638 t, up 2.6% from 2020. Between 2018 and 2021, imports decreased by 36%, with an annualized rate of -13.8%. The lowest volume was in 2019 at 4 253 t, with the largest decline of 51.8% also in 2019, while the largest increase of 29.2% was recorded in 2020.
Annual dynamics of product's imports to Hungary in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (51.8%) | 29.2% | 2.6% | (13.8%) |
From 2018 to 2021, the Netherlands, Poland, and Germany were the largest suppliers of albumins, albuminates, and albumin derivatives to Hungary in kind. The Netherlands contributed 33.8% of imports, Poland 28.9%, and Germany 17.4%, together forming 80.1% of total imports.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Hungary in kind, 2018-2021
Imports in value, K $ US
Hungary's imports of albumins, albuminates, and albumin derivatives rose for the second year in a row in 2021, amounting to 41 778 K $ US, a gain of 29.6% compared to the prior year. The lowest value was in 2019 at 26 837 K $ US, with the largest decline of 35.3% also occurring in that year.
Annual dynamics of product's imports to Hungary in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (35.3%) | 20.1% | 29.6% | 0.3% |
Throughout 2018 to 2021, Poland, the Netherlands, and Germany remained the key sources for Hungary's imports in value terms. Poland accounted for 31.6% of imports, the Netherlands 28.2%, and Germany 18.2%, together taking 78.1% of total flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Hungary in value, 2018-2021
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