Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Bangladesh - 2022

Contents:

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

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

In 2022, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $9,166 per ton, with a decrease of -8.4% against the previous year. In general, the import price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 577% against the previous year. As a result, import price reached the peak level of $11,162 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 India ($19,257 per ton), while the price for Singapore amounted to $2,191 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+64.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, supplies from abroad of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -27.2% to 3.7 tons in 2022. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 483%.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses fell markedly to $34K in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 283% against the previous year.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A0.6N/A29.4600.0%
Singapore0.30.40.44.8152.0%
Germany2.1N/A6.4N/A74.6%
United KingdomN/A16.238.0N/A134.6%
Others2.1N/A6.4N/A74.6%
Total4.517.151.434.296.6%

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

  1. Singapore (2.2 tons)
  2. India (1.5 tons)

Source: IndexBox Market Intelligence Platform

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