
Mexico - Casein And Caseinates - Market Analysis, Forecast, Size, Trends And Insights
Mexico's Casein and Caseinates Price Surges to $13.0 per kg
Mexico Casein And Caseinates Import Price in November 2022
In November 2022, the casein and caseinates price amounted to $13.0 per kg (CIF, Mexico), increasing by 17% against the previous month. Over the period from January 2022 to November 2022, it increased at an average monthly rate of +2.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Ireland.
From January 2022 to November 2022, the rate of growth in terms of prices for Ireland amounted to +2.7% per month.
Mexico Casein And Caseinates Imports
Casein and caseinates imports into Mexico shrank notably to 916 tons in November 2022, dropping by -43% on the previous month's figure. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 when imports increased by 132% against the previous month. Over the period under review, imports attained the peak figure at 2.3K tons in August 2022; however, from September 2022 to November 2022, imports failed to regain momentum.
In value terms, casein and caseinates imports fell dramatically to $12M (IndexBox estimates) in November 2022. Over the period under review, imports, however, saw a perceptible increase. The pace of growth was the most pronounced in June 2022 when imports increased by 152% m-o-m. Over the period under review, imports reached the maximum at 28K tons in August 2022; however, from September 2022 to November 2022, imports failed to regain momentum.
Mexico Casein And Caseinates Imports by Country
In November 2022, Ireland (916 tons) was the main casein and caseinates supplier to Mexico, with a approximately 100% share of total imports. From January 2022 to November 2022, the average monthly growth rate of volume from Ireland was relatively modest.
In value terms, Ireland ($12M) constituted the largest supplier of casein and caseinates to Mexico. From January 2022 to November 2022, the average monthly rate of growth in terms of value from Ireland amounted to +3.6%.
Casein Market Overview
Casein is a key ingredient in many dairy products, and the price of casein has been volatile in recent years. The Mexican dairy industry is highly dependent on imports, as domestic production cannot meet demand. This dependence has made the industry vulnerable to fluctuations in global prices.
The price of casein in Mexico has been on the rise in recent years, due to a variety of factors. One major factor is the increased demand for cheese and other dairy products in Asia, which has led to higher prices for raw milk and other dairy products globally.
This report provides an in-depth analysis of the casein and caseinates market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
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Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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