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

Contents:

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

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

The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $10,413 per ton in October 2023, increasing by 24% against the previous month. In general, the import price, however, continues to indicate a slight downturn. The growth pace was the most rapid in June 2023 an increase of 76% m-o-m. Over the period under review, average import prices reached the peak figure at $18,772 per ton in December 2022; however, from January 2023 to October 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Hungary ($11,080 per ton), while the price for Germany stood at $10,400 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+16.1%), 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 Slovenia (FOB) - 2022

The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $13,506 per ton in 2022, growing by 11% against the previous year. Overall, the export price, however, recorded a dramatic contraction. The most prominent rate of growth was recorded in 2017 an increase of 55% against the previous year. Over the period under review, the average export prices attained the peak figure at $450,031 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($17,875 per ton), while the average price for exports to Albania ($10,163 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 Hungary (+9,257.7%), 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 Slovenia

For the fourth consecutive year, Slovenia recorded growth in overseas purchases of albumins; milk albumin, including concentrates of two or more whey proteinses, which increased by 93% to 231 tons in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 454% against the previous year. Over the period under review, imports of attained 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 soared to $2.3M in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 651%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia46.3N/A5421,322205.6%
Germany10.87.724.5456248.2%
Netherlands0.636.5210362745.0%
PolandN/A8.75.549.1137.6%
Hungary35.847.778.345.98.6%
Austria16.818.734.7N/A43.7%
Others9.8N/A1.656.779.5%
Total1201198972,292167.3%

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

  1. Croatia (118.4 tons)
  2. Germany (67.3 tons)
  3. Netherlands (34.1 tons)
  4. Poland (4.7 tons)
  5. Hungary (3.2 tons)

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

In 2022, approx. 2.8 tons of albumins; milk albumin, including concentrates of two or more whey proteinses were exported from Slovenia; surging by 10% on 2021. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 139%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses soared to $38K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 187%. Over the period under review, the exports of hit record highs 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 Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AlbaniaN/AN/AN/A10.20%
Austria1.20.23.28.491.3%
Croatia5.13.64.86.05.6%
Bosnia and Herzegovina4.03.46.65.712.5%
SpainN/A0.30.44.5287.3%
Bulgaria0.40.50.51.348.1%
Serbia3.91.414.90.5-49.6%
Others0.51.30.51.233.9%
Total15.210.730.837.735.4%

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

  1. Albania (1000.0 kg)
  2. Austria (554.0 kg)
  3. Bosnia and Herzegovina (352.0 kg)
  4. Spain (343.0 kg)
  5. Croatia (336.0 kg)
  6. Bulgaria (91.0 kg)
  7. Serbia (33.0 kg)

Source: IndexBox Market Intelligence Platform

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