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

Contents:

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

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

The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $14,131 per ton in November 2023, with an increase of 96% against the previous month. Overall, the import price showed slight growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for France.

From November 2022 to November 2023, the rate of growth in terms of prices for France amounted to +12.0% per month.

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

In November 2023, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $9,242 per ton, growing by 17% against the previous month. Over the period under review, export price indicated a pronounced expansion from November 2022 to November 2023: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -10.7% against September 2023 indices. The pace of growth appeared the most rapid in December 2022 an increase of 106% month-to-month. As a result, the export price attained the peak level of $12,456 per ton. From January 2023 to November 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Poland ($12,931 per ton), while the average price for exports to India ($7,832 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+4.5%), 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 Greece

In 2022, purchases abroad of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -63.6% to 481 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of 1.3K tons, and then contracted dramatically in the following year.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses dropped dramatically to $5.4M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. As a result, imports attained the peak of $11M, and then shrank sharply in the following year.

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

1. Netherlands (254.1 tons)
2. Germany (121.5 tons)
3. Austria (53.5 tons)
4. Romania (31.9 tons)
5. Poland (10.0 tons)
6. France (9.9 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of albumins; milk albumin, including concentrates of two or more whey proteinses, when their volume decreased by -64.9% to 188 tons. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. As a result, the exports attained the peak of 536 tons, and then declined sharply in the following year.

In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses fell sharply to $2.4M in 2022. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, the exports attained the peak of $4.3M, and then shrank remarkably in the following year.

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

1. Romania (68.1 tons)
2. India (65.0 tons)
3. Iran (40.0 tons)
4. Cyprus (11.4 tons)
5. Bulgaria (1.5 tons)

Source: IndexBox Market Intelligence Platform