Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Malaysia - 2024
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Malaysia (CIF) - 2024
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Malaysia (FOB) - 2022
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Malaysia
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Malaysia
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Malaysia (CIF) - 2024
The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $7,775 per ton in January 2024, which is down by -44.1% against the previous month. Overall, the import price saw a abrupt descent. The pace of growth was the most pronounced in December 2023 when the average import price increased by 81% month-to-month. The import price peaked at $14,865 per ton in May 2023; however, from June 2023 to January 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the Netherlands ($10,611 per ton), while the price for New Zealand ($6,873 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+42.3%), 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 Malaysia (FOB) - 2022
In 2022, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $12,697 per ton, surging by 64% against the previous year. Overall, the export price posted a resilient increase. The growth pace was the most rapid in 2017 when the average export price increased by 84%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +8.8% per year.
Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Malaysia
After three years of growth, supplies from abroad of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -6.7% to 519 tons in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 200%. As a result, imports attained the peak of 556 tons, and then fell in the following year.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses totaled $5.5M in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 305% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 79.5 | 272 | 996 | 1,876 | 186.8% |
| New Zealand | 4.0 | 444 | 625 | 1,489 | 619.4% |
| Netherlands | 81.2 | 68.3 | 531 | 767 | 111.4% |
| Australia | 80.2 | 112 | 248 | 553 | 90.3% |
| Canada | 80.2 | 58.0 | 117 | 263 | 48.6% |
| France | 88.7 | 50.0 | 171 | 247 | 40.7% |
| Germany | 53.1 | 44.1 | 102 | 172 | 48.0% |
| Singapore | 1.9 | 10.3 | 849 | N/A | 2013.9% |
| Others | 95.3 | 234 | 1,601 | 120 | 8.0% |
| Total | 564 | 1,292 | 5,240 | 5,487 | 113.5% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Malaysia in 2022:
- United States (259.9 tons)
- New Zealand (78.2 tons)
- Netherlands (69.0 tons)
- Australia (44.4 tons)
- Canada (23.6 tons)
- France (21.6 tons)
- Germany (13.2 tons)
Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Malaysia
After three years of growth, shipments abroad of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -49.5% to 8.2 tons in 2022. Overall, exports recorded a noticeable slump. The pace of growth appeared the most rapid in 2020 with an increase of 77% against the previous year.
In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses fell sharply to $105K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 65%.
| Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 65.2 | 105 | 121 | 105 | 17.2% |
| Indonesia | 0.2 | 2.5 | 4.8 | N/A | 389.9% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 65.5 | 108 | 126 | 105 | 17.0% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from Malaysia in 2022:
- Singapore (8.2 tons)
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In value terms, albumins imports stood at $X in 2016. In general, albumins imports continue to indicate a prominent expansion. Over the period under review, global albumins imports attained its max...
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