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

Contents:

  1. Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Italy (FOB) - 2023
  2. Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Italy (CIF) - 2022
  3. Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Italy
  4. Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Italy

Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Italy (FOB) - 2023

In October 2023, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $1,549 per ton, which is down by -16.8% against the previous month. Over the period under review, the export price showed a perceptible decline. The pace of growth appeared the most rapid in July 2023 an increase of 8.8% month-to-month. Over the period under review, the average export prices attained the peak figure at $2,593 per ton in December 2022; however, from January 2023 to October 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Germany ($1,723 per ton), while the average price for exports to the Netherlands ($716 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-2.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $10,887 per ton, rising by 12% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 14%. The import price peaked at $11,880 per ton in 2013; however, from 2014 to 2022, 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 the Netherlands ($14,291 per ton), while the price for Germany ($6,955 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of albumins; milk albumin, including concentrates of two or more whey proteinses exported from Italy soared to 16K tons, with an increase of 228% against 2021 figures. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 23,039% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $45M in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 20,471%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A13.424.280.6%
PolandN/AN/A7.720.0159.7%
Others0.20.10.41.176.5%
Total0.20.121.445.3509.6%

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

  1. Germany (8.6K tons)
  2. Poland (6.9K tons)

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

Imports of albumins; milk albumin, including concentrates of two or more whey proteinses into Italy surged to 4K tons in 2022, jumping by 64% on the year before. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses soared to $44M in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.22.45.314.163.9%
Netherlands2.74.57.110.456.8%
Ireland4.33.45.56.313.6%
Poland1.20.81.33.441.5%
France1.02.11.62.535.7%
DenmarkN/A0.11.11.7312.3%
AustriaN/A0.10.10.8182.8%
United Kingdom1.61.0N/AN/A-37.5%
OthersN/A0.52.05.0216.2%
Total14.314.923.944.045.4%

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

  1. Germany (2020.5 tons)
  2. Netherlands (725.2 tons)
  3. Ireland (453.1 tons)
  4. Poland (288.2 tons)
  5. France (209.5 tons)
  6. Denmark (157.2 tons)
  7. Austria (73.4 tons)

Source: IndexBox Market Intelligence Platform

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