Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Thailand - 2024

Contents:

1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Thailand (CIF) - 2024
2. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Thailand (FOB) - 2022
3. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Thailand
4. Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Thailand

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Thailand (CIF) - 2024

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $11,191 per ton in November 2023, with a decrease of -3% against the previous month. In general, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in March 2023 an increase of 2% m-o-m. Over the period under review, average import prices attained the peak figure at $16,096 per ton in January 2023; however, from February 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($13,617 per ton), while the price for China ($4,355 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Ireland (-1.7%), while the prices for the other major suppliers experienced a decline.

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Thailand (FOB) - 2022

In 2022, the average export price for casein, caseinates and other casein derivatives; casein glueses amounted to $8,226 per ton, rising by 56% against the previous year. Overall, the export price recorded buoyant growth. The pace of growth was the most pronounced in 2016 an increase of 100% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($22,963 per ton), while the average price for exports to Lao People's Democratic Republic ($1,250 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 Saudi Arabia (+35.3%), 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 Thailand

In 2022, imports of casein, caseinates and other casein derivatives; casein glueses into Thailand rose sharply to 5.7K tons, picking up by 7% on the previous year. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 24%. As a result, imports reached the peak of 5.9K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses surged to $73M in 2022. In general, imports enjoyed a significant increase. 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 Thailand in 2022:

1. New Zealand (2630.1 tons)
2. Poland (1346.3 tons)
3. Netherlands (450.0 tons)
4. Germany (337.9 tons)
5. Ireland (307.1 tons)
6. India (251.9 tons)
7. China (147.8 tons)
8. Denmark (22.3 tons)

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

In 2022, after two years of decline, there was significant growth in shipments abroad of casein, caseinates and other casein derivatives; casein glueses, when their volume increased by 53% to 130 tons. In general, total exports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 surged to $1.1M in 2022. Overall, exports recorded a significant increase. 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 Thailand in 2022:

1. Myanmar (54.2 tons)
2. India (43.8 tons)
3. China (14.4 tons)
4. Malaysia (9.0 tons)
5. Hong Kong SAR (5.4 tons)
6. Singapore (2.5 tons)
7. Philippines (0.3 tons)
8. Lao People's Democratic Republic (0.1 tons)
9. Cambodia (0.1 tons)
10. Vietnam (0.1 tons)

Source: IndexBox Market Intelligence Platform