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

Contents:

1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ireland (FOB) - 2023
2. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ireland (CIF) - 2022
3. Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ireland
4. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ireland

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ireland (FOB) - 2023

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $7,880 per ton in October 2023, shrinking by -17.7% against the previous month. Over the period under review, the export price saw a perceptible descent. The pace of growth was the most pronounced in November 2022 an increase of 8.7% against the previous month. The export price peaked at $14,551 per ton in January 2023; however, from February 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was South Africa ($10,951 per ton), while the average price for exports to Malaysia ($6,708 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+3.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $11,305 per ton, increasing by 22% against the previous year. Over the period under review, the import price recorded a temperate expansion. The most prominent rate of growth was recorded in 2021 an increase of 47%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($13,675 per ton), while the price for the UK ($3,349 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas shipments of casein, caseinates and other casein derivatives; casein glueses, when their volume decreased by -5.7% to 60K tons. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of 64K tons, and then fell in the following year.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $708M in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. United States (12.8K tons)
2. Mexico (11.0K tons)
3. Netherlands (6.3K tons)
4. Spain (4.7K tons)
5. Germany (3.5K tons)
6. United Kingdom (3.2K tons)
7. China (2.5K tons)
8. Poland (2.3K tons)
9. Denmark (1.9K tons)
10. Morocco (1.6K tons)
11. Italy (1.5K tons)
12. Indonesia (1.1K tons)
13. France (0.3K tons)

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

In 2022, overseas purchases of casein, caseinates and other casein derivatives; casein glueses decreased by -22.8% to 478 tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 67%. As a result, imports reached the peak of 713 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses dropped to $5.4M in 2022. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 118% against the previous year.

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

1. Netherlands (149.0 tons)
2. Germany (130.7 tons)
3. France (122.7 tons)
4. Mexico (22.7 tons)
5. United States (15.9 tons)
6. United Kingdom (13.2 tons)
7. Denmark (10.9 tons)
8. Belgium (4.8 tons)

Source: IndexBox Market Intelligence Platform