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

Contents:

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

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

In 2022, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $9,269 per ton, rising by 6.5% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.1% 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 +39.4% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 38%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($119,987 per ton), while the price for Kyrgyzstan ($962 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+31.9%), 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 Russia (FOB) - 2022

In 2022, the average export price for casein, caseinates and other casein derivatives; casein glueses amounted to $4,050 per ton, stabilizing at the previous year. Overall, the export price, however, continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 81%. Over the period under review, the average export prices reached the maximum at $6,571 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($61,463 per ton), while the average price for exports to Kazakhstan ($2,666 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 the United States (+23.9%), 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 Russia

Imports of casein, caseinates and other casein derivatives; casein glueses into Russia shrank significantly to 2.8K tons in 2022, reducing by -41.3% against 2021 figures. Overall, imports continue to indicate a sharp decrease. The smallest decline of -16.8% was in 2020.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses contracted significantly to $26M in 2022. Over the period under review, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 4.6%. As a result, imports reached the peak of $43M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. France (2026.5 tons)
2. Kyrgyzstan (240.1 tons)
3. New Zealand (204.8 tons)
4. Poland (170.5 tons)
5. Turkey (42.9 tons)
6. Ireland (4.3 tons)
7. Netherlands (0.2 tons)

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

For the third year in a row, Russia recorded decline in shipments abroad of casein, caseinates and other casein derivatives; casein glueses, which decreased by -48.3% to 29 tons in 2022. Over the period under review, exports continue to indicate a significant decrease. The smallest decline of -38.3% was in 2020.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses shrank dramatically to $119K in 2022. In general, exports faced a precipitous contraction. The smallest decline of -28.8% was in 2020.

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

1. Kazakhstan (21.5 tons)
2. Kyrgyzstan (4.2 tons)
3. Armenia (3.5 tons)

Source: IndexBox Market Intelligence Platform