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

Contents:

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

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

The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $13,094 per ton in March 2022, growing by 27% against the previous month. Over the period under review, import price indicated a temperate increase from March 2021 to March 2022: its price increased at an average monthly rate of +4.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, import price for albumins; milk albumin, including concentrates of two or more whey proteinses increased by +27.3% against February 2022 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($23,250 per ton), while the price for Germany ($8,604 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+23.4%), 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 Indonesia (FOB) - 2022

The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $578 per ton in 2022, dropping by -93.2% against the previous year. In general, the export price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2016 an increase of 127%. Over the period under review, the average export prices hit record highs at $8,490 per ton in 2021, and then shrank markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($6,414 per ton), while the average price for exports to Mauritius totaled $400 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+10.5%).

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

For the fourth year in a row, Indonesia recorded growth in purchases abroad of albumins; milk albumin, including concentrates of two or more whey proteinses, which increased by 28% to 1.7K tons in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $24M in 2022. Over the period under review, imports continue to indicate a significant expansion. 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 Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.93.94.814.771.8%
Australia2.52.03.34.117.9%
Germany0.40.91.52.173.8%
Denmark1.21.11.11.610.1%
Netherlands0.10.10.11.3135.1%
Others0.20.10.30.314.5%
Total7.48.011.124.148.2%

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

  1. United States (985.2 tons)
  2. Australia (331.4 tons)
  3. Germany (214.6 tons)
  4. Netherlands (93.4 tons)
  5. Denmark (68.4 tons)

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

Exports of albumins; milk albumin, including concentrates of two or more whey proteinses from Indonesia soared to 3 tons in 2022, jumping by 1,457% against the year before. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses totaled $1.7K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 411%. As a result, the exports reached the peak of $2K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Indonesia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
MauritiusN/AN/AN/A1,1790%
Singapore392N/A4804494.6%
Timor-LesteN/A2,003550N/A-72.5%
OthersN/AN/A617119-80.7%
Total3922,0031,6471,74764.6%

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

  1. Mauritius (2.9 tons)
  2. Singapore (0.1 tons)

Source: IndexBox Market Intelligence Platform

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