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

Contents:

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

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

In 2022, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $11,222 per ton, picking up by 21% against the previous year. In general, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 265%. The import price peaked at $11,798 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 the Czech Republic ($23,000 per ton), while the price for Denmark ($6,260 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+72.4%), 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 Estonia (FOB) - 2022

In 2022, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $20,152 per ton, almost unchanged from the previous year. In general, the export price recorded prominent growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 77%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +7.1% per year.

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

For the fourth consecutive year, Estonia recorded growth in supplies from abroad of albumins; milk albumin, including concentrates of two or more whey proteinses, which increased by 23% to 67 tons in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 230% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses surged to $750K in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 101%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A267628135.2%
Finland11697.759.150.4-24.3%
Germany33.037.429.349.314.3%
DenmarkN/A15410222.1-62.1%
LatviaN/A10.734.9N/A226.2%
Others0.10.113.90.791.3%
Total14930050675071.4%

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

  1. Netherlands (53.3 tons)
  2. Germany (7.7 tons)
  3. Denmark (3.5 tons)
  4. Finland (2.2 tons)

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

In 2022, the amount of albumins; milk albumin, including concentrates of two or more whey proteinses exported from Estonia stood at 66 kg, flattening at the previous year. Overall, exports posted significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses stood at $1.3K in 2022. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Estonia (USD)
COUNTRY202020212022CAGR,
2020-2022
Finland24.0N/A1,330644.4%
Belgium16.0N/AN/A0%
OthersN/AN/AN/A0%
Total40.0N/A1,330476.6%

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

  1. Finland (66.0 kg)

Source: IndexBox Market Intelligence Platform

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