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

Contents:

1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Canada (CIF) - 2022
2. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Canada (FOB) - 2022
3. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Canada
4. Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Canada

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

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $11,070 per ton in 2022, rising by 20% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for casein, caseinates and other casein derivatives; casein glueses increased by +63.2% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 33% against the previous year. Over the period under review, average import prices reached the peak figure at $11,490 per ton in 2015; however, from 2016 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 ($14,323 per ton), while the price for the United States ($8,673 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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Canada (FOB) - 2022

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $2,382 per ton in 2022, surging by 7.8% against the previous year. In general, the export price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 76%. As a result, the export price reached the peak level of $9,158 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,825 per ton), while the average price for exports to China amounted to $2,157 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-3.3%).

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

In 2022, approx. 3K tons of casein, caseinates and other casein derivatives; casein glueses were imported into Canada; shrinking by -13.1% against the previous year. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, imports attained the peak of 3.4K tons, and then dropped in the following year.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses totaled $33M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +77.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. United States (748.5 tons)
2. New Zealand (494.5 tons)
3. Argentina (418.2 tons)
4. Germany (371.2 tons)
5. France (339.1 tons)
6. Ireland (252.2 tons)
7. Netherlands (200.0 tons)

Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Canada

In 2022, overseas shipments of casein, caseinates and other casein derivatives; casein glueses decreased by -38.3% to 1.8K tons, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 155%. As a result, the exports attained the peak of 3.5K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses contracted sharply to $4.2M in 2022. Overall, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 144% against the previous year. As a result, the exports reached the peak of $7.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Casein, Caseinates and Other Casein Derivatives; Casein Glues from Canada in 2022:

1. China (1667.5 tons)
2. United States (99.7 tons)

Source: IndexBox Market Intelligence Platform