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

Contents:

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

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

The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $10,199 per ton in October 2023, shrinking by -6.3% against the previous month. Over the period under review, the import price saw a perceptible contraction. The growth pace was the most rapid in December 2022 an increase of 20% month-to-month. As a result, import price reached the peak level of $19,807 per ton. From January 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the countries with the highest prices were Germany ($11,144 per ton) and Denmark ($9,856 per ton), while the price for Slovakia ($8,571 per ton) and Austria ($8,592 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $19,834 per ton in 2022, increasing by 81% against the previous year. Overall, export price indicated tangible growth from 2015 to 2022: its price increased at an average annual rate of +4.9% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for albumins; milk albumin, including concentrates of two or more whey proteinses increased by +132.6% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($22,462 per ton), while the average price for exports to Iran amounted to $19,838 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+22.2%).

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

Imports of albumins; milk albumin, including concentrates of two or more whey proteinses into Croatia skyrocketed to 884 tons in 2022, rising by 23% against 2021 figures. Over the period under review, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 85% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $13M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 101% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark4.32.14.58.525.5%
Germany1.91.01.93.826.0%
Netherlands0.10.10.10.458.7%
AustriaN/AN/AN/A0.30%
ItalyN/AN/AN/A0.20%
Hungary0.10.10.10.226.0%
Ireland0.30.10.2N/A-18.4%
OthersN/A0.20.4N/A100.0%
Total6.63.67.113.326.3%

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

  1. Denmark (486.0 tons)
  2. Germany (306.1 tons)
  3. Netherlands (30.3 tons)
  4. Austria (21.6 tons)
  5. Italy (19.1 tons)
  6. Hungary (16.2 tons)
  7. Ireland (2.5 tons)

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

Exports of albumins; milk albumin, including concentrates of two or more whey proteinses from Croatia shrank dramatically to 5.4 tons in 2022, with a decrease of -64.9% on the previous year's figure. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,776% against the previous year. As a result, the exports attained the peak of 15 tons, and then declined notably in the following year.

In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses shrank markedly to $108K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 2,308% against the previous year. As a result, the exports attained the peak of $169K, and then dropped remarkably in the following year.

Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IranN/AN/AN/A1070%
Slovenia26.1N/AN/A0.3-77.4%
Bosnia and HerzegovinaN/AN/A4.20.1-97.6%
Hong Kong SARN/AN/A157N/A0%
SerbiaN/A5.68.0N/A42.9%
OthersN/A1.40.20.5-40.2%
Total26.17.016910860.5%

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

  1. Iran (5.4 tons)

Source: IndexBox Market Intelligence Platform

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