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

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

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Casein and Caseinates Price in Malaysia - 2021

Contents:

  1. Casein and Caseinates Price in Malaysia (CIF) - 2021
  2. Casein and Caseinates Price in Malaysia (FOB) - 2022
  3. Casein and Caseinates Imports in Malaysia
  4. Casein and Caseinates Exports in Malaysia

Casein and Caseinates Price in Malaysia (CIF) - 2021

The average casein and caseinates import price stood at $9,978 per ton in December 2021, increasing by 16% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was New Zealand ($10,036 per ton), while the price for India stood at $8,928 per ton.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Ireland (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Casein and Caseinates Price in Malaysia (FOB) - 2022

The average casein and caseinates export price stood at $10,720 per ton in 2022, reducing by -2.2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 82%. As a result, the export price attained the peak level of $11,811 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($16,618 per ton), while the average price for exports to Vietnam ($6,874 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+1.7%), while the prices for the other major destinations experienced a decline.

Casein and Caseinates Imports in Malaysia

In 2022, purchases abroad of casein and caseinates decreased by -12.8% to 2.7K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports attained the peak of 3.1K tons, and then shrank in the following year.

In value terms, casein and caseinates imports dropped dramatically to $22M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $26M, and then reduced markedly in the following year.

Import of Casein and Caseinates in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand8.612.819.416.023.0%
Germany1.52.51.41.50.0%
China0.10.61.41.2128.9%
Netherlands1.30.11.31.0-8.4%
India0.10.11.00.8100.0%
Ireland1.20.71.00.8-12.6%
Others1.00.70.80.5-20.6%
Total13.817.526.321.916.6%

Top Suppliers of Casein and Caseinates to Malaysia in 2022:

  1. New Zealand (1930.8 tons)
  2. Germany (196.9 tons)
  3. China (150.3 tons)
  4. Netherlands (129.4 tons)
  5. Ireland (113.4 tons)
  6. India (102.2 tons)

Casein and Caseinates Exports in Malaysia

In 2022, after two years of decline, there was significant growth in shipments abroad of casein and caseinates, when their volume increased by 7.9% to 19 tons. In general, exports, however, faced a abrupt curtailment.

In value terms, casein and caseinates exports amounted to $204K in 2022. Overall, exports, however, saw a pronounced slump.

Export of Casein and Caseinates in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri Lanka99.665.558.381.9-6.3%
Pakistan69.251.438.958.9-5.2%
Vietnam24.38.925.736.114.1%
Singapore8.239.014.426.748.2%
New Zealand34.2N/AN/AN/A0%
IndonesiaN/A36.752.7N/A43.6%
OthersN/A12.83.1N/A-75.8%
Total236214193204-4.7%

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

  1. Pakistan (5.5 tons)
  2. Vietnam (5.3 tons)
  3. Sri Lanka (4.9 tons)
  4. Singapore (3.4 tons)

Source: IndexBox Market Intelligence Platform

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

  • Malaysia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Malaysia
  • 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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