Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Costa Rica - 2022

Contents:

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

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

In 2022, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $12,216 per ton, jumping by 49% against the previous year. In general, the import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2020 an increase of 83%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 the United States ($21,105 per ton), while the price for Guatemala ($6,811 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $3,472 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 37% against the previous year. The export price peaked at $7,876 per ton in 2012; however, from 2013 to 2022, the 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 Nicaragua ($5,379 per ton), while the average price for exports to Panama ($2,492 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 Panama (-1.2%), while the prices for the other major destinations experienced a decline.

Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Costa Rica

In 2022, approx. 226 tons of casein, caseinates and other casein derivatives; casein glueses were imported into Costa Rica; increasing by 17% against 2021 figures. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.8% 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 +57.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses surged to $2.8M in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Netherlands (105.4 tons)
2. Ireland (70.9 tons)
3. Guatemala (32.0 tons)
4. United States (15.8 tons)
5. New Zealand (2.0 tons)

Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Costa Rica

In 2022, approx. 3.3 tons of casein, caseinates and other casein derivatives; casein glueses were exported from Costa Rica; falling by -49.1% on 2021. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 4,370% against the previous year. As a result, the exports attained the peak of 6.5 tons, and then dropped markedly in the following year.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses dropped markedly to $11K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 2,920% against the previous year. As a result, the exports attained the peak of $22K, and then reduced markedly in the following year.

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

1. Panama (2424.0 kg)
2. Guatemala (713.0 kg)
3. Nicaragua (145.0 kg)

Source: IndexBox Market Intelligence Platform