Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Belgium - 2023
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Belgium (CIF) - 2023
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Belgium (FOB) - 2023
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Belgium
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Belgium
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Belgium (CIF) - 2023
In November 2023, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $6,605 per ton, declining by -16.1% against the previous month. In general, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in August 2023 an increase of 90% month-to-month. The import price peaked at $13,183 per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Lithuania ($9,165 per ton), while the price for Italy ($1,151 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 France (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Belgium (FOB) - 2023
In October 2023, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $7,858 per ton, reducing by -13.4% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 an increase of 98% against the previous month. As a result, the export price reached the peak level of $19,612 per ton. From July 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($473K per ton), while the average price for exports to Poland ($6,243 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+31.6%), 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 Belgium
In 2022, imports of albumins; milk albumin, including concentrates of two or more whey proteinses into Belgium fell to 2.4K tons, reducing by -9.8% compared with 2021. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $22M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.0 | 7.7 | 7.0 | 8.7 | -1.1% |
| Germany | 1.8 | 3.4 | 5.8 | 4.9 | 39.6% |
| France | 2.7 | 1.6 | 1.7 | 4.1 | 14.9% |
| United States | N/A | 0.2 | 2.2 | 2.5 | 253.6% |
| Ireland | 1.8 | 0.4 | 0.6 | 1.1 | -15.1% |
| United Kingdom | 4.9 | 2.9 | 0.4 | 0.5 | -53.3% |
| Others | 0.4 | 0.3 | 0.8 | 0.5 | 7.7% |
| Total | 20.7 | 16.5 | 18.5 | 22.2 | 2.4% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Belgium in 2022:
- Netherlands (811.8 tons)
- France (672.4 tons)
- Germany (425.0 tons)
- United States (289.5 tons)
- Ireland (81.8 tons)
- United Kingdom (40.8 tons)
Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Belgium
Exports of albumins; milk albumin, including concentrates of two or more whey proteinses from Belgium soared to 745 tons in 2022, growing by 60% compared with the previous year's figure. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 171%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $7.2M in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 169% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 415 | 865 | 708 | 2,397 | 79.4% |
| Ireland | 0.2 | 57.9 | 1,142 | 1,678 | 1932.0% |
| Iran | 58.5 | 49.6 | 569 | 680 | 126.5% |
| Germany | 74.1 | 132 | 268 | 545 | 94.5% |
| United Kingdom | 114 | 27.4 | 685 | 502 | 63.9% |
| Poland | N/A | 1.9 | 68.3 | 390 | 1332.7% |
| France | 20.7 | 124 | 191 | 179 | 105.3% |
| Others | 38.9 | 223 | 344 | 810 | 175.1% |
| Total | 721 | 1,480 | 3,975 | 7,181 | 115.2% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from Belgium in 2022:
- Netherlands (224.1 tons)
- Ireland (207.2 tons)
- Germany (67.8 tons)
- Iran (55.4 tons)
- United Kingdom (47.6 tons)
- Poland (44.0 tons)
- France (32.6 tons)
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