Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Azerbaijan - 2023

Contents:

  1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Azerbaijan (CIF) - 2022
  2. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Azerbaijan

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Azerbaijan (CIF) - 2022

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $3,338 per ton in 2022, rising by 20% against the previous year. In general, the import price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 46% against the previous year. The import price peaked at $7,786 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 ($24,589 per ton), while the price for Turkey ($2,784 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+42.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Azerbaijan

In 2022, the amount of casein, caseinates and other casein derivatives; casein glueses imported into Azerbaijan shrank significantly to 5.1 tons, with a decrease of -32.4% against 2021 figures. Overall, imports saw a sharp decline.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses contracted markedly to $17K in 2022. In general, imports recorded a precipitous setback. The smallest decline of -5.6% was in 2020.

Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey31.025.39.512.8-25.5%
Germany3.60.4N/A2.3-13.9%
Italy0.70.10.61.837.0%
Iran5.4N/AN/AN/A0%
China2.64.32.8N/A3.8%
Others6.316.78.1N/A13.4%
Total49.646.820.917.0-30.0%

Top Suppliers of Casein, Caseinates and Other Casein Derivatives; Casein Glues to Azerbaijan in 2022:

  1. Turkey (4.6 tons)
  2. Italy (0.4 tons)
  3. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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