Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Romania - 2023

Contents:

1. Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Romania (CIF) - 2023
2. Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Romania (FOB) - 2022
3. Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Romania
4. Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Romania

Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Romania (CIF) - 2023

In October 2023, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $7,428 per ton, which is down by -24.8% against the previous month. In general, the import price showed a perceptible reduction. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 23% m-o-m. Over the period under review, average import prices hit record highs at $13,679 per ton in November 2022; however, from December 2022 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Belgium ($14,684 per ton), while the price for Bulgaria ($6,749 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Ireland (+6.7%), 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 Romania (FOB) - 2022

In 2022, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $12,725 per ton, surging by 18% against the previous year. Overall, the export price continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 65%. The export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($12,846 per ton), while the average price for exports to Bulgaria stood at $9,953 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+9.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -38.4% to 233 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. As a result, imports reached the peak of 378 tons, and then shrank markedly in the following year.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses dropped to $3M in 2022. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 82%. As a result, imports reached the peak of $3.1M, and then reduced in the following year.

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

1. Poland (93.5 tons)
2. Greece (71.1 tons)
3. Netherlands (26.8 tons)
4. Ireland (24.9 tons)
5. Germany (6.6 tons)
6. Slovakia (4.0 tons)
7. Czech Republic (3.9 tons)

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

In 2022, approx. 36 tons of albumins; milk albumin, including concentrates of two or more whey proteinses were exported from Romania; growing by 81% on the year before. In general, exports continue to indicate buoyant growth. As a result, the exports reached 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 surged to $454K in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 147%. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Greece (34.1 tons)
2. Bulgaria (1.5 tons)

Source: IndexBox Market Intelligence Platform