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

Contents:

1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in the UK (CIF) - 2023
2. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in the UK (FOB) - 2022
3. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in the UK
4. Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in the UK

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

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $7,784 per ton in November 2023, with a decrease of -13.6% against the previous month. In general, the import price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 17% month-to-month. The import price peaked at $14,139 per ton in May 2023; however, from June 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($13,736 per ton), while the price for Ireland ($6,823 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $4,682 per ton in 2022, with a decrease of -20.8% against the previous year. Overall, the export price saw a mild shrinkage. The pace of growth was the most pronounced in 2019 an increase of 42% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,126 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($16,283 per ton), while the average price for exports to the Netherlands ($1,920 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 Spain (+13.4%), 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 the UK

For the third year in a row, the UK recorded decline in supplies from abroad of casein, caseinates and other casein derivatives; casein glueses, which decreased by -16.9% to 3.6K tons in 2022. Overall, imports showed a abrupt decrease. The smallest decline of -1.4% was in 2020.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses totaled $41M in 2022. The total import value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Ireland (2231.7 tons)
2. Germany (308.7 tons)
3. France (293.2 tons)
4. Netherlands (222.0 tons)
5. New Zealand (169.0 tons)
6. Denmark (143.1 tons)
7. Japan (97.7 tons)

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

For the third consecutive year, the UK recorded decline in shipments abroad of casein, caseinates and other casein derivatives; casein glueses, which decreased by -15.3% to 351 tons in 2022. Overall, exports showed a significant decrease. The smallest decline of -11.1% was in 2021.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses declined markedly to $1.6M in 2022. Over the period under review, exports recorded a sharp shrinkage. The smallest decline of -26.2% was in 2021.

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

1. Netherlands (151.5 tons)
2. Germany (37.9 tons)
3. Turkey (28.0 tons)
4. Canada (19.1 tons)
5. China (18.2 tons)
6. France (16.0 tons)
7. Ireland (15.6 tons)
8. Poland (14.8 tons)
9. Spain (12.4 tons)
10. United Arab Emirates (9.6 tons)
11. Italy (4.4 tons)

Source: IndexBox Market Intelligence Platform