Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Vietnam - 2022
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Vietnam (CIF) - 2022
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Vietnam
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Vietnam (CIF) - 2022
The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $12,338 per ton in 2022, jumping by 52% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 +76.0% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($12,338 per ton) and the United States ($12,338 per ton), while the price for the Netherlands ($12,337 per ton) and Canada ($12,338 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+9.9%), 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 Vietnam
After three years of growth, supplies from abroad of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -31.2% to 1.4K tons in 2022. Over the period under review, imports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports reached the peak of 2K tons, and then contracted notably in the following year.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses rose slightly to $17M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +56.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. Over the period under review, imports of reached the maximum 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 Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.8 | 8.2 | 8.1 | 8.8 | 22.4% |
| Denmark | 1.5 | 1.8 | 3.8 | 3.4 | 31.4% |
| Germany | 2.0 | 0.3 | 2.0 | 2.6 | 9.1% |
| Australia | N/A | 0.1 | 1.3 | 1.0 | 216.2% |
| Canada | N/A | N/A | N/A | 0.3 | 0% |
| New Zealand | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Others | 2.2 | 0.5 | 0.3 | 0.3 | -48.5% |
| Total | 10.7 | 11.0 | 15.9 | 16.7 | 16.0% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Vietnam in 2022:
- United States (717.2 tons)
- Denmark (274.5 tons)
- Germany (208.7 tons)
- Australia (81.9 tons)
- New Zealand (26.7 tons)
- Canada (21.0 tons)
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