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

Contents:

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

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

In November 2023, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $2,978 per ton, rising by 53% against the previous month. Overall, the import price, however, showed a perceptible slump. The import price peaked at $5,507 per ton in March 2023; however, from April 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($8,680 per ton), while the price for the UK ($1,522 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.1%), 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 Denmark (FOB) - 2023

In October 2023, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $2,749 per ton, waning by -7.8% against the previous month. Overall, the export price recorded a pronounced decline. The pace of growth appeared the most rapid in April 2023 an increase of 14% m-o-m. Over the period under review, the average export prices reached the peak figure at $5,134 per ton in December 2022; however, from January 2023 to October 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In October 2023, the country with the highest price was Poland ($3,313 per ton), while the average price for exports to the Netherlands ($2,513 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+16.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of albumins; milk albumin, including concentrates of two or more whey proteinses imported into Denmark surged to 26K tons, jumping by 66% against the year before. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 355% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses surged to $101M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United Kingdom (22.1K tons)
2. Norway (1.2K tons)
3. Germany (0.9K tons)
4. New Zealand (0.8K tons)
5. Netherlands (0.5K tons)
6. Sweden (0.4K tons)

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

After three years of growth, shipments abroad of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -1.5% to 765 tons in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 18,814%.

In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $3.9M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 6,850%. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Netherlands (740.8 tons)
2. United Kingdom (12.3 tons)

Source: IndexBox Market Intelligence Platform