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

Contents:

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

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Lithuania (CIF) - 2023

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $7,069 per ton in October 2023, reducing by -39.7% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 129% against the previous month. As a result, import price attained the peak level of $17,046 per ton. From July 2023 to October 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was France ($21,166 per ton), while the price for Belarus ($5,641 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.4%), 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 Lithuania (FOB) - 2022

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $5,447 per ton in 2022, surging by 14% against the previous year. In general, the export price showed a resilient expansion. The growth pace was the most rapid in 2019 when the average export price increased by 134% against the previous year. As a result, the export price reached the peak level of $5,867 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($19,884 per ton), while the average price for exports to Norway ($1,239 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 Germany (+41.2%), 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 Lithuania

In 2022, imports of casein, caseinates and other casein derivatives; casein glueses into Lithuania expanded markedly to 263 tons, increasing by 5.1% on 2021 figures. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% 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 +62.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 25%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses dropped to $1.7M in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 70% against the previous year.

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

1. Poland (105.7 tons)
2. Estonia (95.4 tons)
3. Germany (19.5 tons)
4. Netherlands (17.5 tons)
5. Hungary (9.8 tons)
6. France (7.1 tons)
7. Denmark (4.9 tons)
8. Latvia (1.9 tons)

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

In 2022, shipments abroad of casein, caseinates and other casein derivatives; casein glueses increased by 280% to 25 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $134K in 2022. Overall, exports showed a temperate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Finland (9.3 tons)
2. Norway (3.8 tons)
3. Kazakhstan (2.8 tons)
4. Sweden (2.7 tons)
5. Belarus (2.1 tons)
6. Latvia (1.7 tons)
7. Estonia (0.9 tons)
8. Russia (0.3 tons)

Source: IndexBox Market Intelligence Platform