Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Kuwait - 2022

Contents:

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

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

The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $12,338 per ton in 2022, shrinking by -43.4% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 62% against the previous year. Over the period under review, average import prices attained the maximum at $34,250 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Philippines ($12,345 per ton) and Greece ($12,338 per ton), while the price for Lithuania ($12,338 per ton) and Germany ($12,338 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+237.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of albumins; milk albumin, including concentrates of two or more whey proteinses into Kuwait surged to 46 tons, increasing by 1,639% on 2021 figures. Overall, imports posted a significant increase. As a result, imports reached the peak 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 skyrocketed to $562K in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.31.515.7320169.8%
GreeceN/AN/AN/A1450%
LithuaniaN/AN/AN/A46.60%
United States0.50.33.230.4293.2%
PhilippinesN/AN/AN/A10.60%
Poland46.65.414.1N/A-45.0%
Canada27.9N/AN/AN/A0%
Others44.36.924.09.2-40.8%
Total13614.057.056260.5%

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

  1. Germany (25.9 tons)
  2. Greece (11.8 tons)
  3. Lithuania (3.8 tons)
  4. United States (2.5 tons)
  5. Philippines (0.9 tons)

Source: IndexBox Market Intelligence Platform

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