Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in China - 2023
Contents:
- Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in China (CIF) - 2023
- Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in China (FOB) - 2022
- Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in China
- Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in China
Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in China (CIF) - 2023
In December 2023, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $9,323 per ton, waning by -14.3% against the previous month. Overall, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 6.8% m-o-m. Over the period under review, average import prices attained the maximum at $15,628 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the highest price was recorded for prices from Germany ($10,529 per ton) and Argentina ($9,879 per ton), while the price for France ($8,201 per ton) and the Netherlands ($9,028 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.2%), while the prices for the other major suppliers experienced a decline.
Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in China (FOB) - 2022
The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $11,209 per ton in 2022, rising by 14% against the previous year. Over the period under review, the export price saw a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 63%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($51,700 per ton), while the average price for exports to Germany ($2,857 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 Poland (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in China
After three years of growth, supplies from abroad of casein, caseinates and other casein derivatives; casein glueses decreased by -3.3% to 37K tons in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% 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 +50.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, imports attained the peak of 38K tons, and then reduced in the following year.
In value terms, imports of casein, caseinates and other casein derivatives; casein glueses surged to $478M in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 119 | 157 | 226 | 290 | 34.6% |
| Netherlands | 31.9 | 38.9 | 46.4 | 48.0 | 14.6% |
| France | 12.9 | 19.2 | 32.7 | 38.4 | 43.9% |
| Ireland | 5.5 | 10.8 | 21.1 | 38.1 | 90.6% |
| Germany | 3.7 | 5.2 | 23.5 | 31.0 | 103.1% |
| Argentina | 1.2 | 4.0 | 5.1 | 9.7 | 100.7% |
| Poland | N/A | 0.3 | 2.7 | 8.7 | 438.5% |
| Canada | 2.9 | 6.7 | 6.8 | 3.5 | 6.5% |
| Others | 5.4 | 7.5 | 9.8 | 10.3 | 24.0% |
| Total | 183 | 250 | 374 | 478 | 37.7% |
Top Suppliers of Casein, Caseinates and Other Casein Derivatives; Casein Glues to China in 2022:
- New Zealand (21.9K tons)
- Netherlands (4.3K tons)
- Ireland (3.0K tons)
- France (2.9K tons)
- Germany (2.2K tons)
- Argentina (0.8K tons)
- Poland (0.6K tons)
- Canada (0.3K tons)
Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in China
In 2022, exports of casein, caseinates and other casein derivatives; casein glueses from China soared to 483 tons, increasing by 18% compared with the year before. Over the period under review, exports, however, faced a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year. As a result, the exports attained the peak of 1.2K 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 surged to $5.4M in 2022. In general, total exports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $7.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Casein, Caseinates and Other Casein Derivatives; Casein Glues in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1,048 | 1,468 | 688 | 1,489 | 12.4% |
| South Korea | 599 | 737 | 998 | 1,108 | 22.8% |
| Vietnam | 206 | 537 | 788 | 704 | 50.6% |
| France | 1,103 | 967 | N/A | 542 | -21.1% |
| Thailand | 593 | 829 | 384 | 420 | -10.9% |
| Honduras | N/A | N/A | N/A | 281 | 0% |
| Philippines | 330 | 251 | 329 | 193 | -16.4% |
| Pakistan | 56.2 | 53.5 | 126 | 88.3 | 16.3% |
| Taiwan (Chinese) | 16.9 | 18.8 | 20.8 | 32.2 | 24.0% |
| Germany | 286 | 1,090 | N/A | 0.1 | -93.0% |
| Others | 928 | 1,136 | 681 | 553 | -15.8% |
| Total | 5,165 | 7,088 | 4,015 | 5,410 | 1.6% |
Top Export Markets for Casein, Caseinates and Other Casein Derivatives; Casein Glues from China in 2022:
- Malaysia (138.4 tons)
- South Korea (99.0 tons)
- Vietnam (58.9 tons)
- France (50.0 tons)
- Thailand (39.6 tons)
- Honduras (20.0 tons)
- Philippines (18.0 tons)
- Pakistan (12.0 tons)
- Taiwan (Chinese) (9.8 tons)
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