Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Norway - 2024
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Norway (FOB) - 2022
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Norway (CIF) - 2022
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Norway
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Norway
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Norway (FOB) - 2022
In 2022, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $7,846 per ton, rising by 59% against the previous year. In general, the export price saw pronounced growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($8,749 per ton), while the average price for exports to Russia ($5,709 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+36.2%), 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 Norway (CIF) - 2022
In 2022, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $14,528 per ton, declining by -10.3% against the previous year. Overall, the import price saw a deep reduction. The growth pace was the most rapid in 2014 an increase of 155% against the previous year. The import price peaked at $83,642 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($26,916 per ton), while the price for Sweden ($11,611 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+15.9%), 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 Norway
For the third consecutive year, Norway recorded decline in overseas shipments of albumins; milk albumin, including concentrates of two or more whey proteinses, which decreased by -5.6% to 2.4K tons in 2022. Overall, exports recorded a abrupt descent. The smallest decline of -2.3% was in 2021.
In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $19M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 13.9 | 4.2 | 3.7 | 8.3 | -15.8% |
| United States | N/A | 0.9 | 0.2 | 2.2 | 56.3% |
| Sweden | N/A | N/A | 0.1 | 1.8 | 1700.0% |
| France | N/A | 0.3 | 1.5 | 1.5 | 123.6% |
| Australia | N/A | 0.3 | 0.3 | 1.0 | 82.6% |
| Netherlands | N/A | 0.5 | 0.6 | 1.0 | 41.4% |
| Singapore | N/A | 1.9 | 0.7 | 0.8 | -35.1% |
| Mexico | 0.2 | 0.4 | 0.7 | 0.6 | 44.2% |
| India | N/A | 0.4 | 2.9 | 0.5 | 11.8% |
| Russia | 0.2 | 1.8 | 1.3 | 0.2 | 0.0% |
| Others | 0.6 | 0.8 | 0.7 | 0.9 | 14.5% |
| Total | 15.0 | 11.6 | 12.6 | 18.9 | 8.0% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from Norway in 2022:
- Denmark (956.3 tons)
- United States (302.4 tons)
- Sweden (277.7 tons)
- France (166.1 tons)
- Australia (129.5 tons)
- Singapore (125.2 tons)
- Netherlands (120.7 tons)
- Mexico (86.4 tons)
- India (72.0 tons)
- Russia (43.2 tons)
Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Norway
Imports of albumins; milk albumin, including concentrates of two or more whey proteinses into Norway surged to 31 tons in 2022, increasing by 275% against the year before. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 295%. 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 surged to $446K in 2022. Overall, imports posted significant growth. As a result, imports reached 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 Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.8 | 0.4 | 45.0 | 302 | 622.7% |
| Germany | 31.1 | 44.8 | 54.8 | 67.1 | 29.2% |
| Sweden | N/A | 2.4 | N/A | 52.7 | 368.6% |
| Denmark | 3.2 | 3.4 | 10.2 | 18.9 | 80.8% |
| France | N/A | N/A | 12.1 | N/A | 0% |
| Others | 0.7 | 0.2 | 10.3 | 5.5 | 98.8% |
| Total | 35.9 | 51.2 | 132 | 446 | 131.6% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Norway in 2022:
- Netherlands (22.4 tons)
- Sweden (4.5 tons)
- Germany (2.5 tons)
- Denmark (0.9 tons)
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