Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Slovakia - 2023
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Slovakia (FOB) - 2022
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Slovakia (CIF) - 2022
- Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Slovakia
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Slovakia
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Slovakia (FOB) - 2022
In November 2022, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $10,387 per ton, picking up by 2.7% against the previous month. Over the period from November 2021 to November 2022, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in January 2022 when the average export price increased by 15% against the previous month. The export price peaked at $12,196 per ton in May 2022; however, from June 2022 to November 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In November 2022, the countries with the highest prices were Russia ($10,405 per ton) and the Czech Republic ($10,310 per ton), while the average price for exports to Hungary ($9,405 per ton) and Poland ($10,146 per ton) were amongst the lowest.
From November 2021 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Slovakia (CIF) - 2022
The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $10,062 per ton in 2022, rising by 35% against the previous year. Over the period under review, the import price, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 45% against the previous year. The import price peaked at $73,676 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($10,750 per ton), while the price for Hungary ($5,322 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+18.2%), 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 Slovakia
In 2022, approx. 925 tons of albumins; milk albumin, including concentrates of two or more whey proteinses were exported from Slovakia; picking up by 17% on the year before. The total export volume increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached 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 $9.8M in 2022. In general, exports posted a significant expansion. As a result, the exports reached 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 Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 118 | 378 | N/A | 2,947 | 192.3% |
| Czech Republic | 1,175 | 415 | 2,053 | 2,872 | 34.7% |
| Poland | 1,130 | 1,258 | 1,526 | 2,287 | 26.5% |
| India | 54.7 | 611 | 615 | 624 | 125.1% |
| Hungary | 545 | 348 | 370 | 547 | 0.1% |
| Ukraine | 54.9 | 109 | 111 | 180 | 48.6% |
| Bulgaria | 189 | 324 | 610 | 100 | -19.1% |
| Others | 74.6 | 342 | 362 | 286 | 56.5% |
| Total | 3,342 | 3,786 | 5,646 | 9,843 | 43.3% |
Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from Slovakia in 2022:
- Russia (279.9 tons)
- Czech Republic (260.8 tons)
- Poland (209.1 tons)
- Hungary (64.7 tons)
- India (60.0 tons)
- Ukraine (17.0 tons)
- Bulgaria (9.0 tons)
Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Slovakia
In 2022, the amount of albumins; milk albumin, including concentrates of two or more whey proteinses imported into Slovakia declined to 281 tons, with a decrease of -7% on the previous year. Over the period under review, imports showed a abrupt downturn. The smallest decline of -0.9% was in 2021.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $2.8M in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 2.7 | 45.5 | 259 | 946 | 605.0% |
| Netherlands | 140 | 298 | 435 | 883 | 84.8% |
| Germany | 135 | 187 | 622 | 773 | 78.9% |
| Hungary | 235 | 151 | 308 | 104 | -23.8% |
| Poland | N/A | 3.9 | 339 | 60.6 | 294.2% |
| United Kingdom | 725 | N/A | N/A | N/A | 0% |
| Lithuania | 125 | 872 | 177 | N/A | 19.0% |
| Others | 202 | 14.5 | 114 | 61.6 | -32.7% |
| Total | 1,565 | 1,573 | 2,255 | 2,827 | 21.8% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Slovakia in 2022:
- Czech Republic (91.9 tons)
- Netherlands (82.1 tons)
- Germany (76.8 tons)
- Hungary (19.6 tons)
- Poland (5.7 tons)
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