Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Azerbaijan - 2022
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Azerbaijan (CIF) - 2022
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Azerbaijan
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Azerbaijan (CIF) - 2022
In 2022, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $15,883 per ton, jumping by 26% against the previous year. Overall, the import price saw prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 490%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($16,622 per ton), while the price for Ukraine ($1,000 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+39.7%), while the prices for the other major suppliers experienced a decline.
Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Azerbaijan
In 2022, purchases abroad of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -59.8% to 196 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 1,253%. As a result, imports attained the peak of 487 kg, and then fell significantly in the following year.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses reduced sharply to $3.1K in 2022. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 7,886% against the previous year. As a result, imports reached the peak of $6.1K, and then shrank significantly in the following year.
| Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 42.0 | 7.0 | 2,132 | 1,978 | 261.1% |
| Hungary | 33.0 | 23.0 | 3,382 | 706 | 177.6% |
| France | 16.0 | 2.0 | 338 | 428 | 199.1% |
| Others | 1.0 | 45.0 | 297 | 1.0 | 0.0% |
| Total | 92.0 | 77.0 | 6,149 | 3,113 | 223.4% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Azerbaijan in 2022:
- United Arab Emirates (119.0 kg)
- Hungary (46.0 kg)
- France (30.0 kg)
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