Bangladesh - Casein And Caseinates - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact
Bangladesh: Casein And Caseinates Market Overview 2021
Casein And Caseinates Market Size in Bangladesh
In 2020, the Bangladeshi casein and caseinates market was finally on the rise to reach $X for the first time since 2017, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Casein and caseinates consumption peaked at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.
Casein And Caseinates Production in Bangladesh
In value terms, casein and caseinates production expanded sharply to $X in 2020 estimated in export prices. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Casein and caseinates production peaked at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.
Casein And Caseinates Imports
Imports into Bangladesh
After two years of growth, supplies from abroad of casein and caseinates decreased by -X% to X tonnes in 2020. Over the period under review, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2019 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2008; however, from 2009 to 2020, imports remained at a lower figure.
In value terms, casein and caseinates imports fell rapidly to $X in 2020. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.
Imports by Country
Italy (X tonnes), India (X tonnes) and the U.S. (X tonnes) were the main suppliers of casein and caseinates imports to Bangladesh, together accounting for X% of total imports.
From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the U.S. (+X% per year), while imports for the other leaders experienced mixed trend patterns.
In value terms, the U.S. ($X), India ($X) and Italy ($X) constituted the largest casein and caseinates suppliers to Bangladesh, with a combined X% share of total imports.
The U.S. saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
In 2020, the average casein and caseinates import price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the import price continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the casein and caseinates market in Bangladesh. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Webinar: Global Ethanol Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global ethanol market.
Thursday, June 24th, 2021 @ 04:00 pm ET
Webinar: Global Coal Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global сoal market.
Thursday, July 15th, 2021 @ 04:00 pm ET
Webinar: Global Beef Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global beef market.
Thursday, September 16th, 2021 @ 04:00 pm ET