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

Contents:

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

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

In 2022, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $10,790 per ton, growing by 49% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($12,000 per ton), while the price for the Netherlands stood at $10,518 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+21.7%).

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

In 2022, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $11,733 per ton, surging by 46% against the previous year. Over the period under review, the export price, however, showed a mild contraction. Over the period under review, the average export prices reached the maximum at $12,973 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($12,170 per ton), while the average price for exports to Montenegro ($8,319 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of albumins; milk albumin, including concentrates of two or more whey proteinses into Serbia soared to 171 tons, jumping by 104% compared with the year before. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 347% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $1.8M in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 358% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1346185901,569127.1%
LithuaniaN/AN/AN/A2400%
Others4.213.718.230.693.9%
Total1386326081,840137.1%

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

  1. Netherlands (149.2 tons)
  2. Lithuania (20.0 tons)

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

In 2022, overseas shipments of albumins; milk albumin, including concentrates of two or more whey proteinses were finally on the rise to reach 44 tons after two years of decline. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $516K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina11762.477.443855.3%
North Macedonia48.652.067.061.58.2%
MontenegroN/A51.0N/A16.6-42.9%
OthersN/AN/AN/AN/A0%
Total16616514451645.9%

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

  1. Bosnia and Herzegovina (36.0 tons)
  2. North Macedonia (6.0 tons)
  3. Montenegro (2.0 tons)

Source: IndexBox Market Intelligence Platform

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