Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in China - 2023

Contents:

1. Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in China (CIF) - 2022
2. Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in China (FOB) - 2022
3. Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in China
4. Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in China

Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in China (CIF) - 2022

The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $13,567 per ton in 2022, with an increase of 43% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for albumins; milk albumin, including concentrates of two or more whey proteinses increased by +59.6% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 49%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($26,795 per ton), while the price for Argentina ($6,161 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in China (FOB) - 2022

The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $21,076 per ton in 2022, jumping by 87% against the previous year. In general, the export price saw prominent growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 675%. As a result, the export price attained the peak level of $447,291 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($32,466 per ton), while the average price for exports to Taiwan (Chinese) totaled $11,310 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+1.4%), while the prices for the other major destinations experienced a decline.

Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in China

In 2022, overseas purchases of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -0.9% to 36K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, imports attained the peak of 40K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses soared to $489M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% 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 +59.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to China in 2022:

1. Germany (11.7K tons)
2. United States (10.0K tons)
3. New Zealand (6.0K tons)
4. Denmark (3.2K tons)
5. Netherlands (1.7K tons)
6. Australia (1.2K tons)

Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in China

In 2022, overseas shipments of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -85.5% to 7.3 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 497% against the previous year. As a result, the exports attained the peak of 50 tons, and then dropped rapidly in the following year.

In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses fell rapidly to $154K in 2022. Over the period under review, exports showed a sharp shrinkage. The growth pace was the most rapid in 2021 when exports increased by 321% against the previous year.

Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from China in 2022:

1. Taiwan (Chinese) (4.0 tons)
2. Hong Kong SAR (3.3 tons)

Source: IndexBox Market Intelligence Platform