Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Guatemala - 2023

Contents:

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

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

In 2022, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $14,998 per ton, picking up by 8.9% against the previous year. Overall, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 98%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($18,201 per ton), while the price for the Netherlands ($5,557 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+51.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $4,952 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 36% against the previous year. As a result, the export price attained the peak level of $10,524 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2016 to 2022, the rate of growth in terms of prices for Costa Rica amounted to -21.1% per year.

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

In 2022, approx. 42 tons of albumins; milk albumin, including concentrates of two or more whey proteinses were imported into Guatemala; picking up by 15% against 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt contraction.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses surged to $629K in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. As a result, imports reached the peak of $717K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States23541643357034.4%
Netherlands8.6N/A46.159.090.0%
Mexico68.948.0N/AN/A-30.3%
Canada219243N/AN/A11.0%
Others8.79.523.60.2-71.6%
Total5407175026295.2%

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

  1. United States (31.3 tons)
  2. Netherlands (10.6 tons)

Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Guatemala

In 2022, overseas shipments of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by 0% to 126 kg, falling for the second year in a row after two years of growth. Overall, exports showed a dramatic decline. The pace of growth was the most pronounced in 2020 with an increase of 20%. As a result, the exports reached the peak of 1.1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $624 in 2022. In general, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica4.811.9N/A0.6-50.0%
El Salvador2.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total7.411.9N/A0.6-56.7%

Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from Guatemala in 2022:

  1. Costa Rica (126.0 kg)

Source: IndexBox Market Intelligence Platform

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