Asia: Market for Casein Glues And Caseinates And Other Casein Derivatives 2024

Market Size for Casein Glues And Caseinates And Other Casein Derivatives in Asia

The Asian casein glue and caseinates market skyrocketed to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Production of Casein Glues And Caseinates And Other Casein Derivatives in Asia

In value terms, casein glue and caseinates production rose sharply to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports in Asia

In 2022, exports of casein glues and caseinates and other casein derivatives in Asia dropped to X tons, shrinking by X% against the year before. In general, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, casein glue and caseinates exports expanded notably to $X in 2022. Over the period under review, exports, however, posted a pronounced increase. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

India represented the major exporting country with an export of around X tons, which amounted to X% of total exports. Kyrgyzstan (X tons) ranks second in terms of the total exports with a X% share, followed by Saudi Arabia (X%), Singapore (X%), the United Arab Emirates (X%) and Thailand (X%). Iran (X tons) held a relatively small share of total exports.

Exports from India increased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%), Iran (X%), the United Arab Emirates (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) and Saudi Arabia (X%) illustrated a downward trend over the same period. While the share of India (X p.p.), Kyrgyzstan (X p.p.), the United Arab Emirates (X p.p.), Thailand (X p.p.) and Iran (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest casein glue and caseinates supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with an X% share of total exports. It was followed by Thailand, with a X% share.

In India, casein glue and caseinates exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, increasing by X% against the previous year. In general, the export price posted a remarkable increase. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports in Asia

In 2022, supplies from abroad of casein glues and caseinates and other casein derivatives decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The volume of import peaked at X tons in 2021, and then shrank in the following year.

In value terms, casein glue and caseinates imports soared to $X in 2022. Overall, imports, however, posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) represented the largest importer of casein glues and caseinates and other casein derivatives, creating X% of total imports. It was distantly followed by Japan (X tons), South Korea (X tons), Indonesia (X tons) and Thailand (X tons), together generating a X% share of total imports. Singapore (X tons), Vietnam (X tons), Malaysia (X tons), the Philippines (X tons), Taiwan (Chinese) (X tons), India (X tons) and Kyrgyzstan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to casein glue and caseinates imports into China stood at X%. At the same time, Kyrgyzstan (X%), India (X%), Vietnam (X%), Indonesia (X%), the Philippines (X%), South Korea (X%), Taiwan (Chinese) (X%), Singapore (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Japan and Malaysia experienced a relatively flat trend pattern. From 2012 to 2022, the share of China, Indonesia, South Korea and Vietnam increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported casein glues and caseinates and other casein derivatives in Asia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by South Korea, with an X% share.

In China, casein glue and caseinates imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, casein glue and caseinates import price increased by X% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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