Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the Philippines - 2023
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the Philippines (CIF) - 2022
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the Philippines
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the Philippines (CIF) - 2022
The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $3,961 per ton in 2022, falling by -41.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 714%. As a result, import price reached the peak level of $46,081 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($11,409 per ton), while the price for Lithuania ($386 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+217.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the Philippines
In 2022, purchases abroad of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -45.8% to 95 tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 880%. As a result, imports attained the peak of 183 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses declined remarkably to $375K in 2022. Overall, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 36%.
| Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 12.0 | 12.1 | N/A | 183 | 148.0% |
| United States | 58.7 | 1,102 | 998 | 173 | 43.4% |
| Lithuania | N/A | N/A | N/A | 19.3 | 0% |
| Ireland | N/A | N/A | 169 | N/A | 0% |
| United Kingdom | N/A | 56.0 | N/A | N/A | 0% |
| Australia | 787 | N/A | N/A | N/A | 0% |
| Others | 3.0 | N/A | 15.6 | 0.1 | -67.8% |
| Total | 861 | 1,171 | 1,183 | 375 | -24.2% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to the Philippines in 2022:
- Lithuania (50.0 tons)
- United States (28.8 tons)
- Germany (16.0 tons)
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