Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Japan - 2023
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Japan (CIF) - 2023
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Japan (FOB) - 2022
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Japan
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Japan
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Japan (CIF) - 2023
In November 2023, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $6,308 per ton, which is down by -6.3% against the previous month. Over the period under review, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 15% against the previous month. Over the period under review, average import prices attained the maximum at $13,209 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($9,698 per ton), while the price for the United States ($5,568 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by New Zealand (-4.3%), while the prices for the other major suppliers experienced a decline.
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Japan (FOB) - 2022
The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $435,524 per ton in 2022, surging by 3,382% against the previous year. Overall, the export price continues to indicate significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +42.6% per year.
Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Japan
In 2022, approx. 29K tons of albumins; milk albumin, including concentrates of two or more whey proteinses were imported into Japan; growing by 9.6% compared with the year before. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.6% 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 +79.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $348M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 37.7 | 55.9 | 85.8 | 158 | 61.2% |
| Germany | 12.6 | 14.6 | 43.0 | 64.3 | 72.2% |
| New Zealand | 49.0 | 49.0 | 52.1 | 60.7 | 7.4% |
| Australia | 5.4 | 7.1 | 11.7 | 16.2 | 44.2% |
| Denmark | 11.9 | 13.3 | 14.7 | 15.5 | 9.2% |
| Netherlands | 5.6 | 5.8 | 7.1 | 12.9 | 32.1% |
| United Kingdom | N/A | N/A | 0.6 | 11.8 | 1866.7% |
| Others | 4.2 | 4.3 | 4.2 | 8.6 | 27.0% |
| Total | 127 | 150 | 219 | 348 | 39.9% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Japan in 2022:
- United States (13.0K tons)
- Germany (5.8K tons)
- New Zealand (4.7K tons)
- Australia (1.5K tons)
- Denmark (1.3K tons)
- Netherlands (1.1K tons)
- United Kingdom (0.8K tons)
Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Japan
After three years of growth, shipments abroad of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -99.8% to 63 kg in 2022. Overall, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 4,900% against the previous year.
In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses declined remarkably to $27K in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 4,455% against the previous year.
| Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 27.4 | 0% |
| New Zealand | 4.9 | 217 | 350 | N/A | 745.2% |
| Others | N/A | 9.2 | 1.2 | N/A | -87.0% |
| Total | 5.0 | 226 | 352 | 27.4 | 76.3% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from Japan in 2022:
- India (63.0 kg)
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