Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in South Africa - 2024
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in South Africa (CIF) - 2024
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in South Africa (FOB) - 2022
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in South Africa
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in South Africa
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in South Africa (CIF) - 2024
In January 2024, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $4,919 per ton, falling by -32.4% against the previous month. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 73% month-to-month. Over the period under review, average import prices hit record highs at $16,980 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($5,938 per ton), while the price for Germany amounted to $2,539 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by New Zealand (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in South Africa (FOB) - 2022
In 2022, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $3,905 per ton, rising by 19% against the previous year. In general, the export price, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices attained the maximum at $14,851 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
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 Swaziland ($7,222 per ton), while the average price for exports to Zambia ($1,175 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 the Netherlands (+19.8%), 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 South Africa
In 2022, the amount of albumins; milk albumin, including concentrates of two or more whey proteinses imported into South Africa fell markedly to 793 tons, dropping by -40.5% against the previous year. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of 1.3K tons, and then declined notably in the following year.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses dropped to $8.7M in 2022. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. As a result, imports attained the peak of $9.7M, and then contracted in the following year.
| Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.5 | 3.2 | 7.0 | 6.2 | 4.1% |
| Netherlands | 0.4 | 0.3 | 1.3 | 1.2 | 44.2% |
| New Zealand | 0.1 | 0.1 | 0.9 | 0.7 | 91.3% |
| France | N/A | N/A | N/A | 0.2 | 0% |
| Germany | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Poland | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Australia | N/A | 1.3 | N/A | N/A | 0% |
| Others | 0.2 | N/A | 0.2 | 0.1 | -20.6% |
| Total | 6.2 | 5.0 | 9.7 | 8.7 | 12.0% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to South Africa in 2022:
- United States (564.3 tons)
- Netherlands (100.2 tons)
- New Zealand (74.4 tons)
- Germany (20.0 tons)
- France (12.7 tons)
- Poland (12.3 tons)
Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in South Africa
Exports of albumins; milk albumin, including concentrates of two or more whey proteinses from South Africa shrank to 18 tons in 2022, waning by -13% against the year before. In general, exports recorded a dramatic decline.
In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses expanded modestly to $71K in 2022. Over the period under review, exports showed a dramatic setback.
| Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 59.6 | 64.6 | 8.4% |
| Angola | N/A | N/A | N/A | 4.3 | 0% |
| Seychelles | N/A | N/A | N/A | 0.8 | 0% |
| Zambia | N/A | 0.2 | 0.5 | 0.7 | 87.1% |
| Swaziland | 622 | 516 | N/A | 0.1 | -94.6% |
| India | 55.3 | N/A | N/A | N/A | 0% |
| Singapore | N/A | 25.6 | N/A | N/A | 0% |
| Others | 1.6 | 11.1 | 8.5 | 0.7 | -24.1% |
| Total | 679 | 553 | 68.6 | 71.1 | -52.9% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from South Africa in 2022:
- Netherlands (16.1 tons)
- Angola (0.9 tons)
- Zambia (0.6 tons)
- Seychelles (0.5 tons)
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