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

Contents:

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

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

In 2022, the average import price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $4,918 per ton, increasing by 173% against the previous year. Overall, the import price, however, recorded a abrupt downturn. Over the period under review, average import prices attained the peak figure at $17,417 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Germany ($12,830 per ton), while the price for the United Arab Emirates stood at $4,138 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-6.9%), while the prices for the other major suppliers experienced a decline.

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

After three years of growth, purchases abroad of albumins; milk albumin, including concentrates of two or more whey proteinses decreased by -71.9% to 7.2 tons in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 262% against the previous year. As a result, imports attained the peak of 26 tons, and then plummeted in the following year.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses contracted notably to $35K in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 87% against the previous year. As a result, imports attained the peak of $46K, and then dropped significantly in the following year.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates4.721.925.823.571.0%
Germany1.02.84.46.081.7%
Poland12.3N/AN/AN/A0%
IranN/AN/A15.9N/A0%
OthersN/AN/A0.16.05900.0%
Total18.124.746.235.525.2%

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

  1. United Arab Emirates (5.7 tons)
  2. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

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