Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Ireland - 2023
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Ireland (FOB) - 2023
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Ireland (CIF) - 2022
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Ireland
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Ireland
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Ireland (FOB) - 2023
The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $12,447 per ton in November 2023, dropping by -5.4% against the previous month. Over the period under review, the export price showed a slight curtailment. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 45% month-to-month. Over the period under review, the average export prices reached the peak figure at $16,145 per ton in February 2023; however, from March 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was India ($17,139 per ton), while the average price for exports to the Netherlands ($9,265 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+8.8%), while the prices for the other major destinations experienced a decline.
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Ireland (CIF) - 2022
The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $6,261 per ton in 2022, growing by 18% against the previous year. Over the period under review, the import price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 34% against the previous year. As a result, import price reached the peak level of $14,111 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($14,612 per ton), while the price for France ($2,106 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Ireland
In 2022, overseas shipments of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -19.1% to 6.1K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 10% against the previous year. As a result, the exports attained the peak of 7.9K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses soared to $82M in 2022. In general, total exports indicated a prominent expansion 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 with an increase of 28%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 9.1 | 9.9 | 11.3 | 31.0 | 50.5% |
| Netherlands | 4.6 | 6.5 | 8.4 | 7.5 | 17.7% |
| Germany | 4.2 | 2.6 | 3.5 | 6.8 | 17.4% |
| 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 | 2.7 | 4.0 | 6.1 | 6.4 | 33.3% |
| Total | 47.8 | 54.9 | 70.1 | 82.3 | 19.9% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from Ireland in 2022:
- United Kingdom (2193.3 tons)
- Netherlands (559.1 tons)
- Germany (525.9 tons)
- Italy (476.8 tons)
- United States (469.6 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 (123.5 tons)
Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Ireland
In 2022, after three years of growth, there was significant decline in purchases abroad of albumins; milk albumin, including concentrates of two or more whey proteinses, when their volume decreased by -7.6% to 3K tons. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 49%. As a result, imports attained the peak of 3.3K tons, and then contracted in the following year.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses rose notably to $19M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.6% 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 +74.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.4 | 2.8 | 3.9 | 6.1 | 36.5% |
| United Kingdom | 2.8 | 2.6 | 4.8 | 3.9 | 11.7% |
| United States | 4.0 | 2.9 | 2.4 | 2.6 | -13.4% |
| Poland | 0.1 | 1.1 | 1.9 | 1.7 | 157.1% |
| Belgium | N/A | 0.1 | 1.9 | 1.6 | 300.0% |
| France | 0.2 | 0.3 | 0.7 | 1.2 | 81.7% |
| Germany | 0.7 | 0.3 | 0.7 | 0.6 | -5.0% |
| Others | 0.9 | 0.8 | 0.9 | 1.1 | 6.9% |
| Total | 11.1 | 10.9 | 17.3 | 18.9 | 19.4% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Ireland in 2022:
- United Kingdom (874.5 tons)
- Netherlands (817.6 tons)
- France (572.5 tons)
- Belgium (202.2 tons)
- United States (184.9 tons)
- Germany (138.6 tons)
- Poland (117.3 tons)
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