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

Contents:

  1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Myanmar (CIF) - 2022
  2. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Myanmar

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

In 2022, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $1,680 per ton, waning by -15.1% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 120% against the previous year. The import price peaked at $9,326 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2013 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +160.7% per year.

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

In 2022, purchases abroad of casein, caseinates and other casein derivatives; casein glueses decreased by -87.9% to 15 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 263% against the previous year. As a result, imports reached the peak of 121 tons, and then declined markedly in the following year.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses shrank significantly to $25K in 2022. Overall, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 260%. As a result, imports reached the peak of $240K, and then shrank remarkably in the following year.

Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.139.523324.4524.9%
Thailand10.32.8N/A0.2-73.1%
Hong Kong SARN/A8.2N/AN/A0%
Taiwan (Chinese)36.1N/AN/AN/A0%
Others9.416.06.4N/A-17.5%
Total55.866.524024.6-23.9%

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

  1. China (14.6 tons)
  2. Thailand (0.1 tons)

Source: IndexBox Market Intelligence Platform

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