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

Contents:

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

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

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $6,524 per ton in 2022, reducing by -14.9% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% 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 decreased by -36.5% against 2017 indices. The pace of growth appeared the most rapid in 2014 an increase of 43%. Over the period under review, average import prices attained the peak figure at $10,270 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($10,989 per ton), while the price for China ($5,586 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+12.1%), 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 Pakistan (FOB) - 2022

In 2022, the average export price for casein, caseinates and other casein derivatives; casein glueses amounted to $3,170 per ton, jumping by 1,009% against the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $3,533 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($4,696 per ton), while the average price for exports to South Africa ($290 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 China (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Pakistan recorded growth in supplies from abroad of casein, caseinates and other casein derivatives; casein glueses, which increased by 22% to 793 tons in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses expanded slightly to $5.2M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. Ireland (350.0 tons)
2. Germany (198.2 tons)
3. France (180.6 tons)
4. New Zealand (33.1 tons)
5. China (13.2 tons)
6. Australia (12.5 tons)

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

In 2022, the amount of casein, caseinates and other casein derivatives; casein glueses exported from Pakistan skyrocketed to 7.3 tons, rising by 79% against the previous year's figure. Overall, exports, however, showed a sharp reduction.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $23K in 2022. Over the period under review, exports, however, recorded a dramatic setback.

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

1. China (2.6 tons)
2. United Arab Emirates (2.2 tons)
3. South Africa (1.3 tons)
4. Afghanistan (1.1 tons)

Source: IndexBox Market Intelligence Platform