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

Contents:

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

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

In 2022, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $12,117 per ton, picking up by 14% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 262%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($97,500 per ton), while the price for Lithuania ($8,334 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+31.9%), 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 Estonia (FOB) - 2022

In 2022, the average export price for casein, caseinates and other casein derivatives; casein glueses amounted to $9,400 per ton, surging by 105% against the previous year. In general, the export price recorded a pronounced expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 200% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to -1.3% per year.

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

In 2022, approx. 15 tons of casein, caseinates and other casein derivatives; casein glueses were imported into Estonia; which is down by -27.2% compared with the previous year. Overall, imports recorded a precipitous contraction. The smallest decline of -3.4% was in 2021.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses fell dramatically to $180K in 2022. In general, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 1.3% against the previous year.

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

1. Lithuania (7.9 tons)
2. Denmark (6.0 tons)
3. Finland (0.5 tons)
4. France (0.2 tons)

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

In 2022, shipments abroad of casein, caseinates and other casein derivatives; casein glueses decreased by 99.9% to 5 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 64%.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses contracted notably to $47 in 2022. Over the period under review, exports showed a precipitous slump. The pace of growth appeared the most rapid in 2021 when exports increased by 323%. As a result, the exports reached the peak of $159K, and then contracted markedly in the following year.

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

1. Finland (5.0 kg)

Source: IndexBox Market Intelligence Platform