Saudi Arabia - Caseinates And Other Casein Derivatives (Excluding Casein Glues) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Saudi Arabia - Caseinates And Other Casein Derivatives (Excluding Casein Glues) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Casein Glue and Caseinates in Saudi Arabia - 2021

Contents:

  1. Price for Casein Glue and Caseinates in Saudi Arabia (CIF) - 2022
  2. Price for Casein Glue and Caseinates in Saudi Arabia (FOB) - 2022
  3. Imports of Casein Glue and Caseinates in Saudi Arabia
  4. Exports of Casein Glue and Caseinates in Saudi Arabia

Price for Casein Glue and Caseinates in Saudi Arabia (CIF) - 2022

In 2022, the average casein glue and caseinates import price amounted to $6,824 per ton, growing by 30% against the previous year. Overall, the import price saw a measured expansion. The import price peaked at $8,690 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($7,040 per ton), while the price for New Zealand totaled $6,287 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Casein Glue and Caseinates in Saudi Arabia (FOB) - 2022

The average casein glue and caseinates export price stood at $712 per ton in 2021, reducing by -17.4% against the previous year. In general, the export price showed a noticeable decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 73% against the previous year. As a result, the export price attained the peak level of $1,349 per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Yemen ($4,071 per ton), while the average price for exports to Iraq ($557 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+23.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Casein Glue and Caseinates in Saudi Arabia

In 2022, supplies from abroad of casein glues and caseinates and other casein derivatives decreased by -22.4% to 479 tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, total imports indicated resilient growth from 2020 to 2022: its volume increased at an average annual rate of +12.2% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 62%. As a result, imports attained the peak of 617 tons, and then fell dramatically in the following year.

In value terms, casein glue and caseinates imports stood at $3.3M in 2022. In general, imports continue to indicate a relatively flat trend pattern.

Import of Casein Glue and Caseinates in Saudi Arabia (Million USD)
COUNTRY202020212022CAGR,
2020-2022
GermanyN/AN/A1.10%
New ZealandN/AN/A1.00%
United StatesN/A0.7N/A0%
Netherlands2.82.1N/A-25.0%
Others0.50.41.148.3%
Total3.33.23.30.0%

Top Suppliers of Casein Glue and Caseinates to Saudi Arabia in 2022:

  1. Germany (161.8 tons)
  2. New Zealand (157.4 tons)

Exports of Casein Glue and Caseinates in Saudi Arabia

Casein glue and caseinates exports from Saudi Arabia surged to 151 tons in 2021, growing by 81% on 2020. Over the period under review, exports, however, continue to indicate a precipitous setback.

In value terms, casein glue and caseinates exports soared to $108K in 2021. Overall, exports, however, faced a sharp setback.

Export of Casein Glue and Caseinates in Saudi Arabia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Kuwait17.514.264.892.4%
United Arab Emirates1304.828.3-53.3%
Iraq38.619.714.0-39.8%
Oman17.13.4N/A-80.1%
Sudan77.529.9N/A-61.4%
Others4.3N/A0.7-59.7%
Total28572.1108-38.4%

Top Export Markets for Casein Glue and Caseinates from Saudi Arabia in 2022:

  1. Kuwait (83.6 tons)
  2. United Arab Emirates (42.5 tons)
  3. Iraq (25.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for casein glue and caseinates in Saudi Arabia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20521020 - Casein glues
  • Prodcom 20596020 - Caseinates and other casein derivatives (excluding casein glues)

Country coverage:

  • Saudi Arabia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Saudi Arabia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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