Asia-Pacific: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in Asia-Pacific

The Asia-Pacific casein and caseinates market amounted to $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Casein And Caseinates Production in Asia-Pacific

In value terms, casein and caseinates production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Casein And Caseinates Exports

Exports in Asia-Pacific

In 2022, casein and caseinates exports in Asia-Pacific contracted to X tons, approximately equating the year before. Over the period under review, exports, however, saw a mild increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, casein and caseinates exports skyrocketed to $X in 2022. Overall, exports, however, recorded a notable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

New Zealand represented the largest exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by India (X tons), generating a X% share of total exports.

New Zealand was also the fastest-growing in terms of the casein and caseinates exports, with a CAGR of X% from 2012 to 2022. India experienced a relatively flat trend pattern. New Zealand (X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, New Zealand ($X) remains the largest casein and caseinates supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by India ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in New Zealand totaled X%.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated a temperate 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 and caseinates export price increased by X% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Casein And Caseinates Imports

Imports in Asia-Pacific

In 2022, the amount of casein and caseinates imported in Asia-Pacific expanded significantly to X tons, picking up by X% compared with the previous year's figure. Total imports indicated a resilient expansion 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 2016 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, casein and caseinates imports skyrocketed to $X in 2022. In general, imports saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China was the major importer of casein and caseinates in Asia-Pacific, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by Japan (X tons), South Korea (X tons), the Philippines (X tons), Indonesia (X tons) and Malaysia (X tons), together making up a X% share of total imports. Australia (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the casein and caseinates imports, with a CAGR of X% from 2012 to 2022. At the same time, the Philippines (X%), Malaysia (X%), Australia (X%) and South Korea (X%) displayed positive paces of growth. Japan and Indonesia experienced a relatively flat trend pattern. From 2012 to 2022, the share of China and the Philippines increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. 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

In 2022, the import price in Asia-Pacific amounted to $X per ton, with an increase of 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 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.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Malaysia ($X per ton) and China ($X per ton), while Indonesia ($X per ton) and the Philippines ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform