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

Contents:

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

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

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $14,792 per ton in 2022, rising by 64% against the previous year. Overall, the import price recorded a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($17,084 per ton), while the price for Germany ($3,666 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.1%), 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 Sri Lanka (FOB) - 2022

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $500 per ton in 2022, reducing by -87.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 465% against the previous year. Over the period under review, the average export prices hit record highs at $6,741 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +3.8% per year.

Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Sri Lanka

In 2022, the amount of casein, caseinates and other casein derivatives; casein glueses imported into Sri Lanka surged to 480 tons, with an increase of 24% on the year before. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses soared to $7.1M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Denmark (285.1 tons)
2. France (126.3 tons)
3. Poland (26.0 tons)
4. Germany (18.4 tons)
5. India (11.0 tons)
6. New Zealand (5.6 tons)
7. Netherlands (1.6 tons)

Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Sri Lanka

In 2022, the amount of casein, caseinates and other casein derivatives; casein glueses exported from Sri Lanka dropped rapidly to 2 kg, reducing by -99.1% compared with the previous year's figure. In general, exports continue to indicate a dramatic slump. The smallest decline of -27.2% was in 2021.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses shrank rapidly to $1 in 2022. Over the period under review, exports saw a sharp shrinkage. The smallest decline of -20% was in 2021.

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

1. Switzerland (2.0 kg)

Source: IndexBox Market Intelligence Platform