Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $5,621 per ton, waning by -47% against the previous year. Overall, the import price saw a deep slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 133% against the previous year. As a result, import price reached the peak level of $11,458 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($16,251 per ton), while the price for Thailand ($863 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+49.7%), 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 the United Arab Emirates (FOB) - 2022

The average export price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $4,804 per ton in 2022, with a decrease of -21.3% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -22.3% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 45% against the previous year. Over the period under review, the average export prices reached the maximum at $6,186 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($22,163 per ton), while the average price for exports to Thailand ($1,296 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the United Arab Emirates

In 2022, approx. 324 tons of albumins; milk albumin, including concentrates of two or more whey proteinses were imported into the United Arab Emirates; growing by 16% against the previous year's figure. Over the period under review, imports showed buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 96%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses fell significantly to $1.8M in 2022. Overall, imports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 129% against the previous year. As a result, imports reached the peak of $3M, and then shrank remarkably in the following year.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A8560%
Germany4.43.14.9264291.5%
New Zealand80.773.964.620937.3%
United Kingdom67.310225920043.8%
Thailand8.744.350.1123141.8%
China5.79.032.884.6145.8%
Netherlands30.271.356.148.817.3%
United States14712417532.0-39.8%
Norway109N/AN/AN/A0%
France63.0101135N/A46.4%
Greece135N/A16.6N/A-64.9%
Denmark76.764.6142N/A36.1%
Singapore6.4146N/AN/A2181.3%
Others1,3255502,0151.5-89.6%
Total2,0591,2902,9511,820-4.0%

Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to the United Arab Emirates in 2022:

  1. Thailand (142.9 tons)
  2. Poland (77.7 tons)
  3. Netherlands (25.3 tons)
  4. New Zealand (23.0 tons)
  5. Germany (19.4 tons)
  6. United Kingdom (17.4 tons)
  7. China (16.2 tons)
  8. United States (2.0 tons)

Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in the United Arab Emirates

Exports of albumins; milk albumin, including concentrates of two or more whey proteinses from the United Arab Emirates skyrocketed to 131 tons in 2022, picking up by 59% compared with the previous year. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 soared to $627K in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. 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 the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15511914923514.9%
Azerbaijan12.616.635.5164135.2%
Iran18080.510798.8-18.1%
Kuwait1.05.329.956.2283.0%
Iraq84.787.565.644.0-19.6%
ThailandN/AN/AN/A22.70%
BahrainN/AN/AN/A3.40%
Poland44.5N/AN/AN/A0%
New ZealandN/A72.9N/AN/A0%
Tanzania23.28.65.1N/A-53.1%
SingaporeN/A142N/AN/A0%
LibyaN/AN/A53.1N/A0%
Others34.273.656.33.4-53.7%
Total5366065016275.4%

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

  1. Azerbaijan (45.0 tons)
  2. Iran (36.2 tons)
  3. India (18.0 tons)
  4. Thailand (17.5 tons)
  5. Iraq (6.6 tons)
  6. Bahrain (2.6 tons)
  7. Kuwait (2.5 tons)

Source: IndexBox Market Intelligence Platform

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