Price for Protein; Concentrates and Textured Protein Substances in Ukraine - 2024
Contents:
- Price for Protein; Concentrates and Textured Protein Substances in Ukraine (CIF) - 2024
- Price for Protein; Concentrates and Textured Protein Substances in Ukraine (FOB) - 2022
- Imports of Protein; Concentrates and Textured Protein Substances in Ukraine
- Exports of Protein; Concentrates and Textured Protein Substances in Ukraine
Price for Protein; Concentrates and Textured Protein Substances in Ukraine (CIF) - 2024
The average import price for protein; concentrates and textured protein substanceses stood at $5,352 per ton in March 2024, growing by 59% against the previous month. In general, the import price recorded a modest expansion. The pace of growth appeared the most rapid in August 2023 an increase of 145% m-o-m. The import price peaked at $8,297 per ton in April 2023; however, from May 2023 to March 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Hungary ($17,751 per ton), while the price for China ($1,231 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Protein; Concentrates and Textured Protein Substances in Ukraine (FOB) - 2022
In 2022, the average export price for protein; concentrates and textured protein substanceses amounted to $4,320 per ton, declining by -8.4% against the previous year. In general, the export price, however, saw strong growth. The pace of growth appeared the most rapid in 2014 an increase of 1,242% against the previous year. As a result, the export price reached the peak level of $21,030 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($7,077 per ton), while the average price for exports to Sweden ($2,981 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 Moldova (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Protein; Concentrates and Textured Protein Substances in Ukraine
Imports of protein; concentrates and textured protein substanceses into Ukraine shrank markedly to 805 tons in 2022, waning by -67% on the previous year. Over the period under review, imports continue to indicate a precipitous setback. The smallest decline of -9.3% was in 2021.
In value terms, imports of protein; concentrates and textured protein substanceses dropped rapidly to $2.5M in 2022. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports reached the peak of $4.4M, and then shrank dramatically in the following year.
| Import of Protein; Concentrates and Textured Protein Substances in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 347 | 424 | 405 | 545 | 16.2% |
| United States | 348 | 348 | 254 | 305 | -4.3% |
| Italy | 336 | 542 | 760 | 241 | -10.5% |
| Romania | 379 | 159 | 183 | 221 | -16.5% |
| Poland | 5.3 | 162 | 270 | 216 | 244.1% |
| Serbia | 254 | 196 | 219 | 208 | -6.4% |
| Russia | 1,758 | 1,437 | 1,536 | 194 | -52.0% |
| Others | 162 | 428 | 767 | 548 | 50.1% |
| Total | 3,590 | 3,695 | 4,393 | 2,478 | -11.6% |
Top Suppliers of Protein; Concentrates and Textured Protein Substances to Ukraine in 2022:
- China (259.2 tons)
- Russia (201.1 tons)
- Serbia (152.9 tons)
- Romania (52.0 tons)
- Italy (27.6 tons)
- United States (26.4 tons)
- Poland (23.0 tons)
Exports of Protein; Concentrates and Textured Protein Substances in Ukraine
Exports of protein; concentrates and textured protein substanceses from Ukraine surged to 130 tons in 2022, increasing by 367% against the year before. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of protein; concentrates and textured protein substanceses skyrocketed to $562K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Protein; Concentrates and Textured Protein Substances in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | 44.1 | 255 | 478.2% |
| Bulgaria | N/A | 10.8 | 3.3 | 124 | 238.8% |
| Lithuania | 58.3 | 63.7 | 64.3 | 94.4 | 17.4% |
| Georgia | 0.7 | N/A | 0.1 | 41.9 | 291.2% |
| Italy | N/A | N/A | N/A | 26.1 | 0% |
| Sweden | N/A | N/A | N/A | 7.9 | 0% |
| Moldova | 23.2 | 28.2 | 15.8 | 0.5 | -72.2% |
| Others | 0.8 | 8.9 | 3.6 | 13.1 | 153.9% |
| Total | 83.1 | 112 | 131 | 562 | 89.1% |
Top Export Markets for Protein; Concentrates and Textured Protein Substances from Ukraine in 2022:
- Poland (66.6 tons)
- Bulgaria (25.2 tons)
- Lithuania (21.4 tons)
- Georgia (5.9 tons)
- Italy (5.5 tons)
- Sweden (2.6 tons)
- Moldova (0.1 tons)
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