Colombia - Casein And Caseinates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Colombia - Casein And Caseinates - Market Analysis, Forecast, Size, Trends And Insights

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Casein and Caseinates Price in Colombia - 2022

Contents:

  1. Casein and Caseinates Price in Colombia (CIF) - 2022
  2. Casein and Caseinates Price in Colombia (FOB) - 2022
  3. Casein and Caseinates Imports in Colombia
  4. Casein and Caseinates Exports in Colombia

Casein and Caseinates Price in Colombia (CIF) - 2022

In February 2022, the average casein and caseinates import price amounted to $20,711 per ton, increasing by 123% against the previous month. Over the period under review, the import price continues to indicate a resilient increase. 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 Belarus.

From February 2021 to February 2022, the rate of growth in terms of prices for Belarus amounted to +8.3% per month.

Casein and Caseinates Price in Colombia (FOB) - 2022

The average casein and caseinates export price stood at $8,295 per ton in 2022, flattening at the previous year. In general, the export price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 17% against the previous year. The export price peaked at $13,133 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($8,684 per ton), while the average price for exports to Ecuador stood at $7,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-2.3%).

Casein and Caseinates Imports in Colombia

In 2022, imports of casein and caseinates into Colombia declined significantly to 350 tons, dropping by -24.7% against the previous year. Over the period under review, total imports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 97% against the previous year. As a result, imports reached the peak of 464 tons, and then shrank markedly in the following year.

In value terms, casein and caseinates imports dropped significantly to $2.9M in 2022. In general, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 172%. As a result, imports attained the peak of $4.2M, and then reduced remarkably in the following year.

Import of Casein and Caseinates in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland12624043898198.2%
Argentina13115959819213.6%
Netherlands99.621240918222.3%
New Zealand621348228109-44.0%
Belarus25113127086.7-29.8%
United States4.420.415148.5122.6%
France17857.080.631.7-43.7%
Others3313772,0301,24255.4%
Total1,7421,5444,2052,87418.2%

Top Suppliers of Casein and Caseinates to Colombia in 2022:

  1. Ireland (111.3 tons)
  2. Argentina (28.5 tons)
  3. New Zealand (26.7 tons)
  4. Netherlands (22.1 tons)
  5. Belarus (9.8 tons)
  6. United States (5.4 tons)
  7. France (3.6 tons)

Casein and Caseinates Exports in Colombia

In 2022, approx. 146 kg of casein and caseinates were exported from Colombia; falling by -48.8% compared with the year before. Overall, exports faced a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 3,463% against the previous year.

In value terms, casein and caseinates exports fell dramatically to $1.2K in 2022. Over the period under review, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 3,905% against the previous year.

Export of Casein and Caseinates in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1343.01,63285185.2%
Ecuador2,25756.0731360-45.8%
OthersN/AN/AN/AN/A0%
Total2,39159.02,3631,211-20.3%

Top Export Markets for Casein and Caseinates from Colombia in 2022:

  1. Peru (98.0 kg)
  2. Ecuador (48.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the casein and caseinates market in Colombia. 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.

Product coverage:

  • Prodcom 10515300 - Casein and caseinates

Country coverage:

  • Colombia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Colombia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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