Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in the Czech Republic - 2023

Contents:

1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in the Czech Republic (CIF) - 2023
2. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in the Czech Republic (FOB) - 2023
3. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in the Czech Republic
4. Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in the Czech Republic

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in the Czech Republic (CIF) - 2023

In October 2023, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $7,083 per ton, with an increase of 5.2% against the previous month. Over the period under review, the import price showed prominent growth. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 129% month-to-month. The import price peaked at $7,906 per ton in June 2023; however, from July 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($7,233 per ton), while the price for Slovakia ($3,194 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.6%), 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 the Czech Republic (FOB) - 2023

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $8,930 per ton in October 2023, therefore, remained relatively stable against the previous month. Overall, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in December 2022 an increase of 443% against the previous month. As a result, the export price reached the peak level of $66,180 per ton. From January 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

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

From October 2022 to October 2023, the rate of growth in terms of prices for Poland amounted to -0.4% per month.

Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in the Czech Republic

In 2022, the amount of casein, caseinates and other casein derivatives; casein glueses imported into the Czech Republic surged to 1.1K tons, picking up by 21% compared with 2021. In general, imports, however, recorded a mild decrease.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses expanded remarkably to $4.8M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +67.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Casein, Caseinates and Other Casein Derivatives; Casein Glues to the Czech Republic in 2022:

1. Slovakia (541.7 tons)
2. Netherlands (376.4 tons)
3. Germany (101.0 tons)
4. France (28.6 tons)
5. Hungary (24.0 tons)

Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in the Czech Republic

After three years of growth, shipments abroad of casein, caseinates and other casein derivatives; casein glueses decreased by -2% to 27 tons in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 77% against the previous year. As a result, the exports reached the peak of 28 tons, and then contracted in the following year.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses surged to $265K in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 54%. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Germany (20.0 tons)
2. Slovakia (4.2 tons)
3. China (2.0 tons)
4. Russia (1.1 tons)

Source: IndexBox Market Intelligence Platform