Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Colombia - 2022
Contents:
- Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Colombia (CIF) - 2022
- Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Colombia
Price for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Colombia (CIF) - 2022
In February 2022, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $12,874 per ton, surging by 6.9% against the previous month. Over the period under review, the import price enjoyed a resilient expansion. The pace of growth appeared the most rapid in July 2021 when the average import price increased by 26% month-to-month. Over the period under review, average import prices attained the peak figure in February 2022.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From February 2021 to February 2022, the rate of growth in terms of prices for the Netherlands amounted to +7.8% per month.
Imports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Colombia
In 2022, approx. 982 tons of albumins; milk albumin, including concentrates of two or more whey proteinses were imported into Colombia; dropping by -4.2% on the previous year. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 81% against the previous year. As a result, imports reached the peak of 1K tons, and then reduced slightly in the following year.
In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses surged to $12M in 2022. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 145%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.0 | 2.6 | 7.2 | 10.8 | 39.2% |
Netherlands | 0.1 | N/A | 0.3 | 1.0 | 115.4% |
Argentina | 1.0 | 0.7 | 0.8 | 0.5 | -20.6% |
Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
Total | 5.3 | 3.4 | 8.3 | 12.3 | 32.4% |
Top Suppliers of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins to Colombia in 2022:
- United States (854.0 tons)
- Netherlands (82.8 tons)
- Argentina (43.4 tons)
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