Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in India - 2023
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in India (CIF) - 2023
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in India (FOB) - 2022
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in India
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in India
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in India (CIF) - 2023
The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $6,590 per ton in November 2023, remaining relatively unchanged against the previous month. Over the period under review, the import price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in September 2023 an increase of 3.6% m-o-m. Over the period under review, average import prices reached the maximum at $11,835 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($8,743 per ton), while the price for France ($5,278 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 Australia (+0.5%), 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 India (FOB) - 2022
The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $18,348 per ton in 2022, surging by 129% against the previous year. In general, the export price enjoyed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($24,385 per ton), while the average price for exports to Nepal ($18,060 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+44.1%), 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 India
In 2022, the amount of albumins; milk albumin, including concentrates of two or more whey proteinses imported into India declined dramatically to 13K tons, which is down by -24.2% compared with 2021. Overall, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 113%. As a result, imports reached the peak of 17K tons, and then contracted markedly in the following year.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses surged to $145M in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 168% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.7 | 2.6 | 26.8 | 37.7 | 181.0% |
| United States | 36.5 | 18.8 | 16.4 | 30.5 | -5.8% |
| New Zealand | 11.4 | 8.8 | 14.8 | 20.6 | 21.8% |
| United Kingdom | 0.8 | 1.4 | 13.3 | 12.3 | 148.7% |
| Germany | 2.0 | 1.3 | 9.0 | 9.8 | 69.8% |
| Netherlands | 3.6 | 4.6 | 11.1 | 9.6 | 38.7% |
| Denmark | 3.3 | 1.5 | 8.4 | 6.0 | 22.1% |
| Others | 3.8 | 5.7 | 20.3 | 18.0 | 67.9% |
| Total | 63.0 | 44.8 | 120 | 145 | 32.0% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to India in 2022:
- Poland (3.3K tons)
- United States (2.9K tons)
- New Zealand (2.1K tons)
- United Kingdom (1.0K tons)
- Netherlands (0.8K tons)
- Germany (0.8K tons)
- Denmark (0.6K tons)
Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in India
In 2022, after three years of growth, there was significant decline in shipments abroad of albumins; milk albumin, including concentrates of two or more whey proteinses, when their volume decreased by -24.3% to 22 tons. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 108%.
In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses soared to $403K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 124%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | N/A | 202 | 0% |
| Nepal | 56.1 | 80.5 | 140 | 190 | 50.2% |
| Poland | N/A | 53.4 | N/A | N/A | 0% |
| Singapore | N/A | N/A | 78.5 | N/A | 0% |
| Others | 6.6 | 6.4 | 14.3 | 12.0 | 22.1% |
| Total | 62.6 | 140 | 232 | 403 | 86.0% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from India in 2022:
- Thailand (10.9 tons)
- Nepal (10.5 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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