Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Sweden - 2023
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Sweden (CIF) - 2023
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Sweden (FOB) - 2022
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Sweden
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Sweden
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Sweden (CIF) - 2023
The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $7,370 per ton in October 2023, surging by 6.7% against the previous month. In general, the import price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in February 2023 an increase of 24% against the previous month. Over the period under review, average import prices hit record highs at $10,765 per ton in December 2022; however, from January 2023 to October 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Poland ($8,260 per ton), while the price for Germany ($7,238 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Norway (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Sweden (FOB) - 2022
The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $13,808 per ton in 2022, surging by 25% against the previous year. Over the period under review, the export price recorded a prominent increase. The pace of growth was the most pronounced in 2016 an increase of 67% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($15,641 per ton), while the average price for exports to Denmark ($11,724 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 Norway (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Sweden
In 2022, approx. 1.4K tons of albumins; milk albumin, including concentrates of two or more whey proteinses were imported into Sweden; rising by 22% on 2021. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.7% 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 +89.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 59%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses soared to $15M in 2022. Overall, imports saw significant growth. As a result, imports attained 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 Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.4 | 2.3 | 4.2 | 6.4 | 152.0% |
| Netherlands | 1.6 | 2.5 | 3.4 | 4.5 | 41.2% |
| Norway | N/A | N/A | 0.8 | 2.3 | 187.5% |
| Poland | 2.4 | 0.7 | 1.0 | 1.6 | -12.6% |
| United Kingdom | 0.2 | 1.8 | N/A | N/A | 800.0% |
| Others | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| Total | 4.7 | 7.4 | 9.4 | 14.9 | 46.9% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Sweden in 2022:
- Germany (540.0 tons)
- Netherlands (377.3 tons)
- Norway (349.3 tons)
- Poland (140.9 tons)
Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Sweden
In 2022, shipments abroad of albumins; milk albumin, including concentrates of two or more whey proteinses was finally on the rise to reach 39 tons after two years of decline. Overall, exports, however, saw a deep reduction.
In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses surged to $543K in 2022. In general, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 0.2 | 81.7 | 201 | 370 | 1127.6% |
| Finland | 75.9 | 66.9 | 0.7 | 159 | 28.0% |
| Denmark | 36.5 | 11.8 | 17.6 | 12.5 | -30.0% |
| Russia | N/A | 123 | N/A | N/A | 0% |
| Germany | 222 | N/A | 12.4 | N/A | -76.4% |
| Others | N/A | 0.7 | 0.4 | 2.6 | 92.7% |
| Total | 335 | 284 | 232 | 543 | 17.5% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from Sweden in 2022:
- Norway (27.9 tons)
- Finland (10.1 tons)
- Denmark (1.1 tons)
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