Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the UK - 2023
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the UK (CIF) - 2023
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the UK (FOB) - 2022
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the UK
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the UK
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the UK (CIF) - 2023
In December 2023, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $7,033 per ton, approximately mirroring the previous month. Overall, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in November 2023 an increase of 15% against the previous month. Over the period under review, average import prices hit record highs at $10,900 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Ireland ($12,767 per ton), while the price for the United States ($5,177 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.8%), 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 the UK (FOB) - 2022
In 2022, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $10,358 per ton, increasing by 36% against the previous year. Over the period under review, the export price, however, saw a mild downturn. Over the period under review, the average export prices reached the peak figure at $12,601 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($15,506 per ton), while the average price for exports to the United States ($6,314 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the UK
In 2022, overseas purchases of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -8.4% to 15K tons, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by 6.4% against the previous year. As a result, imports attained the peak of 21K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses soared to $181M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.5% 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 +97.8% against 2019 indices. As a result, imports attained 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.7 | 33.3 | 39.6 | 45.4 | 34.4% |
| Poland | 4.7 | 4.6 | 5.9 | 42.7 | 108.7% |
| United States | 0.1 | 19.8 | 19.2 | 33.7 | 595.9% |
| Ireland | 2.3 | 22.5 | 21.0 | 27.4 | 128.4% |
| Netherlands | 44.0 | 26.6 | 40.3 | 20.6 | -22.4% |
| Lithuania | 10.4 | 4.3 | 0.6 | 4.6 | -23.8% |
| France | 5.9 | 4.3 | 2.3 | 3.0 | -20.2% |
| Others | 5.3 | 4.3 | 1.4 | 3.6 | -12.1% |
| Total | 91.5 | 120 | 130 | 181 | 25.5% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to the UK in 2022:
- Germany (3.9K tons)
- Poland (3.7K tons)
- United States (3.0K tons)
- Ireland (2.0K tons)
- Netherlands (1.7K tons)
- Lithuania (0.4K tons)
- France (0.3K tons)
Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the UK
Exports of albumins; milk albumin, including concentrates of two or more whey proteinses from the UK fell markedly to 14K tons in 2022, with a decrease of -15.5% on 2021 figures. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 320%. As a result, the exports attained the peak of 17K tons, and then dropped significantly in the following year.
In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses surged to $147M in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 212% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 8.1 | 11.4 | 15.9 | 30.4 | 55.4% |
| Denmark | 0.1 | N/A | 11.5 | 29.9 | 568.7% |
| United States | 8.3 | 9.5 | 16.8 | 24.7 | 43.8% |
| Germany | 5.0 | 2.8 | 1.8 | 11.7 | 32.8% |
| India | 0.7 | 2.5 | 21.3 | 11.6 | 154.9% |
| Japan | 0.2 | N/A | 2.5 | 11.4 | 284.9% |
| China | 0.4 | 2.2 | 16.2 | 7.9 | 170.3% |
| Poland | 2.4 | 3.3 | 3.7 | 6.3 | 37.9% |
| Ireland | 0.9 | 0.5 | 3.8 | 3.0 | 49.4% |
| Australia | 0.1 | 0.2 | 4.6 | 1.4 | 141.0% |
| Belgium | 3.1 | 1.2 | 0.3 | 0.8 | -36.3% |
| Singapore | 0.1 | 1.1 | 18.4 | 0.2 | 26.0% |
| Others | 12.0 | 6.1 | 10.6 | 7.5 | -14.5% |
| Total | 41.5 | 40.9 | 127 | 147 | 52.4% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from the UK in 2022:
- United States (3.9K tons)
- Denmark (3.2K tons)
- Netherlands (2.7K tons)
- India (0.9K tons)
- Germany (0.8K tons)
- Japan (0.7K tons)
- China (0.5K tons)
- Poland (0.4K tons)
- Ireland (0.3K tons)
- Australia (0.1K tons)
- Belgium (0.1K tons)
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In value terms, albumins imports stood at $X in 2016. In general, albumins imports continue to indicate a prominent expansion. Over the period under review, global albumins imports attained its max...
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In value terms, albumins exports stood at $X in 2016. In general, albumins exports continue to indicate a prominent growth. Over the period under review, global albumins exports attained its maximu...
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