Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Bulgaria - 2023
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Bulgaria (CIF) - 2023
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Bulgaria (FOB) - 2022
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Bulgaria
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Bulgaria
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Bulgaria (CIF) - 2023
In October 2023, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $6,624 per ton, dropping by -25.1% against the previous month. Over the period under review, the import price, however, continues to indicate moderate growth. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 170% m-o-m. The import price peaked at $10,173 per ton in November 2022; however, from December 2022 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($40,098 per ton), while the price for the Netherlands stood at $6,483 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Romania (+24.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Bulgaria (FOB) - 2022
The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $10,531 per ton in 2022, picking up by 34% against the previous year. In general, the export price, however, saw a dramatic setback. The growth pace was the most rapid in 2021 when the average export price increased by 44% against the previous year. The export price peaked at $107,037 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($11,065 per ton), while the average price for exports to Romania ($5,250 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+12.4%), 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 Bulgaria
After three years of growth, overseas purchases of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -38.3% to 493 tons in 2022. Over the period under review, imports, however, posted a strong expansion. The growth pace was the most rapid in 2020 with an increase of 100%.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses contracted sharply to $1.8M in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 107%.
| Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 239 | 1,282 | 2,766 | 1,132 | 67.9% |
| Poland | 31.4 | 208 | 140 | 184 | 80.3% |
| Romania | 60.0 | 56.3 | 43.4 | 179 | 44.0% |
| France | 58.5 | 0.5 | 48.0 | 126 | 29.1% |
| Austria | 171 | 106 | 197 | 94.6 | -17.9% |
| Slovakia | 209 | 190 | 380 | 73.6 | -29.4% |
| Others | 179 | 123 | 354 | 29.2 | -45.4% |
| Total | 948 | 1,965 | 3,929 | 1,817 | 24.2% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Bulgaria in 2022:
- Netherlands (171.9 tons)
- Romania (169.4 tons)
- Poland (63.1 tons)
- Austria (56.9 tons)
- France (19.5 tons)
- Slovakia (10.9 tons)
Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Bulgaria
For the fourth year in a row, Bulgaria recorded growth in overseas shipments of albumins; milk albumin, including concentrates of two or more whey proteinses, which increased by 17% to 57 tons in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 73% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses surged to $604K in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 73%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | 227 | 421 | 85.5% |
| Netherlands | 103 | 26.5 | 4.1 | 183 | 21.1% |
| Slovakia | N/A | 5.8 | 126 | N/A | 2072.4% |
| Israel | 12.4 | N/A | 20.5 | N/A | 28.6% |
| Greece | 18.0 | 2.3 | N/A | N/A | -87.2% |
| Romania | 2.3 | 188 | 1.3 | N/A | -24.8% |
| Others | 0.1 | 0.8 | 7.3 | N/A | 754.4% |
| Total | 136 | 223 | 385 | 604 | 64.4% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from Bulgaria in 2022:
- Poland (40.8 tons)
- Netherlands (16.5 tons)
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