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

Contents:

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

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

The average import price for albumins; milk albumin, including concentrates of two or more whey proteinses stood at $11,882 per ton in 2022, growing by 74% against the previous year. In general, the import price recorded a pronounced increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Denmark ($15,456 per ton), while the price for the United States ($6,515 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for albumins; milk albumin, including concentrates of two or more whey proteinses amounted to $3,854 per ton, dropping by -21.4% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 a decrease of -2.3%. The export price peaked at $13,431 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Nicaragua.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to -4.7% per year.

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

In 2022, imports of albumins; milk albumin, including concentrates of two or more whey proteinses into Costa Rica reduced sharply to 159 tons, which is down by -15.6% against the previous year's figure. In general, imports saw a slight downturn. The growth pace was the most rapid in 2021 when imports increased by 40%. As a result, imports reached the peak of 188 tons, and then fell notably in the following year.

In value terms, imports of albumins; milk albumin, including concentrates of two or more whey proteinses skyrocketed to $1.9M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark62.82676181,038154.7%
Netherlands5102313146578.8%
United States376261339195-19.7%
El Salvador16.210.69.4N/A-23.8%
Others6.111.66.3N/A1.6%
Total9717811,2861,89024.9%

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

  1. Denmark (67.2 tons)
  2. Netherlands (62.0 tons)
  3. United States (29.9 tons)

Exports of Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins in Costa Rica

In 2022, approx. 2.2 tons of albumins; milk albumin, including concentrates of two or more whey proteinses were exported from Costa Rica; picking up by 252% against the year before. Over the period under review, exports posted a significant increase. 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 surged to $8.5K in 2022. Overall, exports enjoyed significant growth. 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 Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua1.21.40.58.592.0%
Guatemala2.33.81.8N/A-11.5%
United StatesN/A1.4N/AN/A0%
El Salvador0.60.80.8N/A15.5%
OthersN/AN/AN/AN/A0%
Total4.17.53.18.527.5%

Top Export Markets for Albumins; Milk Albumin, Including Concentrates of Two or More Whey Proteins from Costa Rica in 2022:

  1. Nicaragua (2.2 tons)

Source: IndexBox Market Intelligence Platform

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