Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Latvia - 2023
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Latvia (FOB) - 2022
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Latvia (CIF) - 2022
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Latvia
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Latvia
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Latvia (FOB) - 2022
In 2022, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $13,283 per ton, rising by 45% against the previous year. In general, the export price showed a perceptible increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 114% against the previous year. Over the period under review, the average export prices reached the maximum at $16,039 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($14,141 per ton), while the average price for exports to Estonia stood at $12,992 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.9%), 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 Latvia (CIF) - 2022
The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $7,249 per ton in 2022, declining by -8.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 190% against the previous year. Over the period under review, average import prices reached the maximum at $10,917 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Germany ($11,118 per ton), while the price for Lithuania ($1,331 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+77.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Latvia
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 -52.5% to 4.7 tons. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 128% against the previous year. As a result, the exports reached the peak of 10 tons, and then reduced markedly in the following year.
In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses declined rapidly to $63K in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 143%. As a result, the exports reached the peak of $92K, and then shrank notably in the following year.
| Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 6.7 | 16.1 | 54.6 | 46.0 | 90.1% |
| Lithuania | 17.2 | 21.5 | 12.0 | 17.0 | -0.4% |
| Russia | N/A | N/A | 24.9 | N/A | 0% |
| Others | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Total | 24.1 | 37.7 | 91.6 | 63.0 | 37.8% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from Latvia in 2022:
- Estonia (3.5 tons)
- Lithuania (1.2 tons)
Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Latvia
In 2022, after three years of growth, there was significant decline in overseas purchases of albumins; milk albumin, including concentrates of two or more whey proteinses, when their volume decreased by -75.6% to 5.3 tons. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 106% against the previous year. As a result, imports reached the peak of 22 tons, and then shrank significantly in the following year.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses contracted sharply to $39K in 2022. Over the period under review, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 139%. As a result, imports reached the peak of $173K, and then shrank rapidly in the following year.
| Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 27.1 | 35.5 | 21.5 | 18.5 | -11.9% |
| Germany | 19.7 | 19.6 | 53.5 | 9.0 | -23.0% |
| Estonia | N/A | 3.9 | 12.8 | 8.4 | 46.8% |
| Poland | 0.2 | N/A | 5.1 | 1.9 | 111.8% |
| Lithuania | 3.0 | 3.0 | 19.5 | 0.8 | -35.6% |
| Ireland | N/A | N/A | 24.9 | N/A | 0% |
| Czech Republic | N/A | 10.2 | 35.2 | N/A | 245.1% |
| Others | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Total | 50.2 | 72.3 | 173 | 38.6 | -8.4% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Latvia in 2022:
- France (2.0 tons)
- Estonia (1.5 tons)
- Germany (0.8 tons)
- Lithuania (0.6 tons)
- Poland (0.4 tons)
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