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

Contents:

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

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

In 2022, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $1,630 per ton, shrinking by -8.4% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 340%. As a result, import price attained the peak level of $4,164 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($2,123 per ton), while the price for Swaziland totaled $1,485 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (-10.8%).

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

In 2022, the amount of albumins; milk albumin, including concentrates of two or more whey proteinses imported into Uganda surged to 925 tons, rising by 20% compared with 2021. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.9% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 46% against the previous year. Over the period under review, imports of attained the peak figure 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 expanded sharply to $1.5M in 2022. The total import value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 30%. As a result, imports attained the peak of $1.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Swaziland (710.5 tons)
2. Tanzania (213.3 tons)

Source: IndexBox Market Intelligence Platform