Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the Dominican Republic - 2022

Contents:

  1. Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the Dominican Republic (CIF) - 2022
  2. Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the Dominican Republic

Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the Dominican Republic (CIF) - 2022

The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $14,705 per ton in 2022, increasing by 56% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for albumins; milk albumin, including concentrates of two or more whey proteinses increased by +55.6% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.7% per year.

Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the Dominican Republic

In 2022, the amount of albumins; milk albumin, including concentrates of two or more whey proteinses imported into the Dominican Republic skyrocketed to 37 tons, surging by 63% on the year before. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 354% against the previous year. 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 skyrocketed to $547K in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 399%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States84.943.021554786.1%
OthersN/AN/AN/AN/A0%
Total84.943.021554786.1%

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

  1. United States (37.2 tons)

Source: IndexBox Market Intelligence Platform

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