Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Ecuador - 2022

Contents:

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

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

In 2022, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $11,699 per ton, increasing by 21% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% 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 +49.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 54% against the previous year. As a result, import price attained the peak level of $12,025 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($13,945 per ton), while the price for Germany totaled $6,497 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of albumins; milk albumin, including concentrates of two or more whey proteinses into Ecuador skyrocketed to 77 tons, rising by 28% compared with the year before. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $895K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% 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 +63.7% against 2019 indices. As a result, imports reached 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 Ecuador in 2022:

1. United States (53.4 tons)
2. Germany (23.1 tons)

Source: IndexBox Market Intelligence Platform