Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Germany - 2023
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Germany (FOB) - 2023
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Germany (CIF) - 2023
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Germany
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Germany
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Germany (FOB) - 2023
The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $8,476 per ton in November 2023, picking up by 6.6% against the previous month. Over the period under review, the export price, however, showed a mild curtailment. The growth pace was the most rapid in August 2023 when the average export price increased by 20% month-to-month. Over the period under review, the average export prices hit record highs at $11,210 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Austria ($12,209 per ton), while the average price for exports to New Zealand ($6,356 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Germany (CIF) - 2023
The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $5,768 per ton in November 2023, jumping by 20% against the previous month. In general, the import price, however, saw a pronounced descent. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 20% month-to-month. The import price peaked at $8,773 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Denmark ($14,242 per ton), while the price for Italy ($1,747 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 Denmark (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Germany
In 2022, after three years of growth, there was significant decline in overseas shipments of albumins; milk albumin, including concentrates of two or more whey proteinses, when their volume decreased by -6.3% to 37K tons. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 19% against the previous year.
In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses soared to $435M in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 76.9 | 94.4 | 92.1 | 127 | 18.2% |
| Japan | 12.3 | 16.8 | 56.2 | 65.9 | 75.0% |
| Netherlands | 15.9 | 20.3 | 32.1 | 33.8 | 28.6% |
| United Kingdom | 21.2 | 16.4 | 23.3 | 30.9 | 13.4% |
| Poland | 7.2 | 14.3 | 31.3 | 28.6 | 58.4% |
| France | 7.7 | 9.9 | 9.0 | 19.1 | 35.4% |
| Hungary | 1.9 | 5.0 | 2.5 | 12.2 | 85.9% |
| Italy | 2.3 | 2.2 | 4.4 | 11.3 | 70.0% |
| India | 1.9 | 3.0 | 7.7 | 9.0 | 67.9% |
| Spain | 4.4 | 4.2 | 6.4 | 8.3 | 23.6% |
| Denmark | 6.8 | 6.9 | 1.7 | 7.8 | 4.7% |
| New Zealand | 3.1 | 7.0 | 2.8 | 6.4 | 27.3% |
| United States | 6.8 | 3.2 | 9.3 | 3.7 | -18.4% |
| Others | 37.1 | 27.4 | 54.5 | 70.6 | 23.9% |
| Total | 205 | 231 | 333 | 435 | 28.5% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from Germany in 2022:
- China (11.1K tons)
- Japan (5.6K tons)
- Netherlands (3.1K tons)
- Poland (3.1K tons)
- United Kingdom (2.6K tons)
- France (1.6K tons)
- Italy (1.0K tons)
- Hungary (1.0K tons)
- Denmark (0.7K tons)
- India (0.7K tons)
- Spain (0.7K tons)
- New Zealand (0.5K tons)
- United States (0.2K tons)
Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Germany
In 2022, the amount of albumins; milk albumin, including concentrates of two or more whey proteinses imported into Germany rose significantly to 17K tons, with an increase of 6.7% compared with the year before. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 8.4%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $134M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +50.9% against 2020 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 Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 30.2 | 36.4 | 63.6 | 73.0 | 34.2% |
| Lithuania | 7.6 | 5.6 | 9.3 | 15.1 | 25.7% |
| Denmark | 17.8 | 15.1 | 19.7 | 14.4 | -6.8% |
| Italy | 0.2 | 0.7 | 4.2 | 10.1 | 269.6% |
| Poland | 0.8 | 3.2 | 4.2 | 7.6 | 111.8% |
| France | 1.3 | 2.2 | 2.8 | 3.2 | 35.0% |
| Austria | 3.0 | 1.8 | 0.7 | 2.7 | -3.5% |
| United States | 21.5 | 15.8 | N/A | 0.1 | -83.3% |
| Others | 7.8 | 8.0 | 4.2 | 7.6 | -0.9% |
| Total | 90.2 | 88.7 | 109 | 134 | 14.1% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Germany in 2022:
- Netherlands (4.9K tons)
- Austria (3.8K tons)
- Italy (3.1K tons)
- Lithuania (1.8K tons)
- Denmark (1.5K tons)
- Poland (0.5K tons)
- France (0.5K tons)
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