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

Contents:

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

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

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $12,594 per ton in 2022, jumping by 44% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 +51.4% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($16,827 per ton), while the price for Poland ($4,960 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+73.4%), 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 Finland (FOB) - 2022

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $5,315 per ton in 2022, with a decrease of -57.3% against the previous year. In general, the export price saw a perceptible shrinkage. The pace of growth was the most pronounced in 2017 an increase of 383%. The export price peaked at $25,591 per ton in 2015; however, from 2016 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 Spain ($14,056 per ton), while the average price for exports to Poland ($4,390 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 Spain (+26.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of casein, caseinates and other casein derivatives; casein glueses into Finland reduced to 364 tons in 2022, waning by -13.9% on the year before. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% 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 +39.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, imports reached the peak of 422 tons, and then reduced in the following year.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $4.6M in 2022. Overall, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 45%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6228561,3161,88644.7%
Germany1,1721,4861,8641,87917.0%
PolandN/AN/A28751178.0%
Denmark38810.81.8157-26.0%
Sweden1301942001361.5%
Others15.52.523.011.5-9.5%
Total2,3282,5493,6914,58125.3%

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

  1. Netherlands (124.8 tons)
  2. Germany (111.7 tons)
  3. Poland (103.1 tons)
  4. Denmark (13.8 tons)
  5. Sweden (10.2 tons)

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

In 2022, exports of casein, caseinates and other casein derivatives; casein glueses from Finland surged to 5.4 tons, growing by 336% compared with 2021 figures. Overall, exports, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 994%.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses soared to $29K in 2022. Over the period under review, exports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 740%.

Export of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A19.00%
PolandN/AN/AN/A8.80%
SpainN/AN/A6.20.3-95.2%
ChinaN/AN/A9.1N/A0%
India39.2N/AN/AN/A0%
Others0.31.8N/A0.626.0%
Total39.61.815.428.6-10.3%

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

  1. Netherlands (3.3 tons)
  2. Poland (2.0 tons)

Source: IndexBox Market Intelligence Platform

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