Report Update: May 1, 2024

Spain - 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 Spain - 2023

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

The average casein glue and caseinates import price stood at $10,679 per ton in August 2023, which is down by -23.1% against the previous month. Over the period under review, the import price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 7.5% against the previous month. As a result, import price attained the peak level of $16,900 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Sweden ($12,383 per ton), while the price for Italy ($3,360 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Casein Glue and Caseinates in Spain (FOB) - 2023

In August 2023, the average casein glue and caseinates export price amounted to $3,915 per ton, surging by 16% against the previous month. Over the period under review, export price indicated a measured increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, casein glue and caseinates export price increased by +18.6% against June 2023 indices. The growth pace was the most rapid in February 2023 an increase of 86% month-to-month. As a result, the export price attained the peak level of $6,084 per ton. From March 2023 to August 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($6,794 per ton), while the average price for exports to Portugal ($2,990 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Casein Glue and Caseinates in Spain

Casein glue and caseinates imports into Spain reduced to 4.6K tons in 2022, falling by -6.2% compared with the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of 4.9K tons, and then declined in the following year.

In value terms, casein glue and caseinates imports soared to $64M in 2022. In general, imports, however, posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Casein Glue and Caseinates in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	5.1	8.4	11.1	16.2	47.0%
Netherlands	8.2	8.5	10.5	15.1	22.6%
New Zealand	6.2	7.2	9.9	11.3	22.2%
France	5.4	6.5	10.2	10.3	24.0%
Germany	4.0	2.5	2.6	5.9	13.8%
Ireland	2.8	3.2	2.2	3.7	9.7%
Greece	N/A	N/A	1.1	1.1	0.0%
Others	1.5	0.6	0.6	0.5	-30.7%
Total	33.0	36.9	48.2	64.0	24.7%

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

Netherlands (1101.7 tons)
Denmark (1056.5 tons)
New Zealand (814.4 tons)
France (732.0 tons)
Germany (408.8 tons)
Ireland (337.0 tons)
Greece (101.0 tons)

Exports of Casein Glue and Caseinates in Spain

In 2022, the amount of casein glues and caseinates and other casein derivatives exported from Spain reduced notably to 739 tons, with a decrease of -42.8% compared with the previous year's figure. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. As a result, the exports attained the peak of 1.3K tons, and then reduced dramatically in the following year.

In value terms, casein glue and caseinates exports fell remarkably to $2.8M in 2022. Over the period under review, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. As a result, the exports attained the peak of $3.6M, and then fell remarkably in the following year.

Export of Casein Glue and Caseinates in Spain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	1,073	959	2,239	1,396	9.2%
Portugal	319	289	560	903	41.5%
Italy	155	159	240	274	20.9%
Belgium	8.8	N/A	19.1	102	126.3%
Ireland	N/A	N/A	339	N/A	0%
Others	533	570	218	148	-34.8%
Total	2,089	1,977	3,615	2,824	10.6%

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

France (390.0 tons)
Portugal (203.7 tons)
Italy (99.1 tons)
Belgium (25.7 tons)

Source: IndexBox Market Intelligence Platform

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

Spain

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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