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

Contents:

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

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

The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $1,058 per ton in November 2023, stabilizing at the previous month. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average export price increased by 14% against the previous month. The export price peaked at $1,286 per ton in February 2023; however, from March 2023 to November 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In November 2023, the country with the highest price was the Netherlands ($1,062 per ton), while the average price for exports to Spain totaled $956 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.2%).

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

The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $7,474 per ton in November 2023, dropping by -11.7% against the previous month. In general, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in October 2023 an increase of 36% month-to-month. The import price peaked at $15,539 per ton in December 2022; however, from January 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was France ($16,446 per ton), while the price for the United States ($6,405 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 the United States (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of albumins; milk albumin, including concentrates of two or more whey proteinses exported from Portugal shrank sharply to 1.4K tons, reducing by -56.8% compared with 2021 figures. Overall, exports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 78%. As a result, the exports attained the peak of 3.3K tons, and then dropped significantly in the following year.

In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses dropped remarkably to $1.9M in 2022. In general, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 117%. As a result, the exports attained the peak of $3.5M, and then fell notably in the following year.

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

1. Spain (1016.5 tons)
2. Netherlands (395.9 tons)

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

Imports of albumins; milk albumin, including concentrates of two or more whey proteinses into Portugal declined rapidly to 122 tons in 2022, reducing by -57.1% against the year before. Over the period under review, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 543% against the previous year. As a result, imports attained the peak of 284 tons, and then contracted sharply in the following year.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses reduced notably to $1.5M in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 501%. As a result, imports attained the peak of $2.1M, and then reduced remarkably in the following year.

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

1. Netherlands (40.3 tons)
2. Lithuania (19.0 tons)
3. Spain (16.7 tons)
4. Germany (14.5 tons)
5. Poland (13.1 tons)
6. France (12.1 tons)
7. Belgium (5.5 tons)

Source: IndexBox Market Intelligence Platform