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

Contents:

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

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

The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $21,925 per ton in 2022, declining by -13.7% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 62% against the previous year. Over the period under review, average import prices reached the peak figure at $25,393 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($29,100 per ton), while the price for France ($13,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 4.5 tons of albumins; milk albumin, including concentrates of two or more whey proteinses were imported into Sri Lanka; which is down by -88.4% on the previous year. Overall, imports faced a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 176%. As a result, imports attained the peak of 39 tons, and then declined remarkably in the following year.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses contracted rapidly to $99K in 2022. In general, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 187%. As a result, imports reached the peak of $993K, and then fell markedly in the following year.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany35.931.557.046.48.9%
Thailand14.414.332.721.013.4%
IrelandN/A6.637.115.251.8%
Denmark16.135.044.69.9-15.0%
Singapore4.38.433.15.911.1%
United Kingdom58.79.414.1N/A-51.0%
France18.79.631.9N/A30.6%
Myanmar14.014.517.4N/A11.5%
United States26.630.239.7N/A22.2%
Others1951866851.0-82.8%
Total38434599399.4-36.3%

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

  1. Germany (1780.0 kg)
  2. Ireland (1080.0 kg)
  3. Thailand (720.0 kg)
  4. Denmark (460.0 kg)
  5. Singapore (450.0 kg)
  6. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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