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

Serbia - 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 Serbia - 2023

Contents:

  1. Price for Casein Glue and Caseinates in Serbia (CIF) - 2023
  2. Price for Casein Glue and Caseinates in Serbia (FOB) - 2022
  3. Imports of Casein Glue and Caseinates in Serbia
  4. Exports of Casein Glue and Caseinates in Serbia

Price for Casein Glue and Caseinates in Serbia (CIF) - 2023

In September 2023, the average casein glue and caseinates import price amounted to $9,180 per ton, declining by -3.6% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 203% month-to-month. The import price peaked at $21,600 per ton in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.

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

From September 2022 to September 2023, the rate of growth in terms of prices for the Netherlands amounted to +13.9% per month.

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

In 2022, the average casein glue and caseinates export price amounted to $2,447 per ton, declining by -11.5% against the previous year. In general, the export price recorded a slight setback. The pace of growth was the most pronounced in 2020 an increase of 15% against the previous year. Over the period under review, the average export prices hit record highs at $3,595 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($3,319 per ton), while the average price for exports to Bosnia and Herzegovina stood at $2,365 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Casein Glue and Caseinates in Serbia

Casein glue and caseinates imports into Serbia contracted significantly to 183 tons in 2022, waning by -45.5% compared with 2021. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of 337 tons, and then declined remarkably in the following year.

In value terms, casein glue and caseinates imports dropped rapidly to $1.6M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.1% 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 +19.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 47%. As a result, imports attained the peak of $2M, and then dropped remarkably in the following year.

Import of Casein Glue and Caseinates in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland30038356773634.9%
France553514476393-10.8%
Hungary408360457286-11.2%
Germany45.854.127.214647.2%
Netherlands12.757.949820.517.3%
SloveniaN/A1.02.319.4340.5%
Others24.013.10.25.3-39.6%
Total1,3431,3842,0291,6066.1%

Top Suppliers of Casein Glue and Caseinates to Serbia in 2022:

  1. Hungary (92.6 tons)
  2. Poland (51.0 tons)
  3. France (25.0 tons)
  4. Germany (7.4 tons)
  5. Slovenia (3.1 tons)
  6. Netherlands (2.6 tons)

Exports of Casein Glue and Caseinates in Serbia

In 2022, the amount of casein glues and caseinates and other casein derivatives exported from Serbia soared to 49 tons, picking up by 105% against 2021. In general, exports showed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, casein glue and caseinates exports surged to $119K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Casein Glue and Caseinates in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina34.621.627.710544.8%
Albania16.912.522.913.7-6.8%
Montenegro13.920.015.0N/A3.9%
Others1.84.8N/A0.1-61.8%
Total67.258.965.611921.0%

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

  1. Bosnia and Herzegovina (44.5 tons)
  2. Albania (4.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for casein glue and caseinates in Serbia. 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:

  • Serbia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Serbia
  • 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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