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

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

The MERCOSUR casein glue and caseinates market surged to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

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

In value terms, casein glue and caseinates production expanded sharply to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports in MERCOSUR

In 2022, shipments 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. In general, exports faced a sharp contraction. The growth pace was the most rapid in 2020 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 reduced notably to $X in 2022. Overall, exports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X tons) and Argentina (X tons) represented roughly X% of total exports in 2022. Chile (X tons) ranks next in terms of the total exports with a X% share, followed by Peru (X%). Colombia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Chile (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest casein glue and caseinates supplying countries in MERCOSUR were Uruguay ($X), Argentina ($X) and Chile ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Chile, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, jumping by X% against the previous year. Export price indicated a perceptible 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. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports in MERCOSUR

In 2022, imports of casein glues and caseinates and other casein derivatives in MERCOSUR rose modestly to X tons, with an increase of X% on the year before. 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 decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports attained the peak of X tons; afterwards, it flattened through to 2022.

In value terms, casein glue and caseinates imports skyrocketed to $X in 2022. Overall, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil was the major importer of casein glues and caseinates and other casein derivatives in MERCOSUR, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Argentina (X tons), creating a X% share of total imports. Uruguay (X tons), Peru (X tons) and Colombia (X tons) took a relatively small share of total imports.

Brazil was also the fastest-growing in terms of the casein glues and caseinates and other casein derivatives imports, with a CAGR of X% from 2012 to 2022. At the same time, Uruguay (X%) and Peru (X%) displayed positive paces of growth. Argentina experienced a relatively flat trend pattern. By contrast, Colombia (X%) illustrated a downward trend over the same period. Brazil (X p.p.) significantly strengthened its position in terms of the total imports, while Colombia and Argentina saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported casein glues and caseinates and other casein derivatives in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Uruguay, with a X% share.

In Brazil, 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: Argentina (X% per year) and Uruguay (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a modest expansion 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 2019 indices. As a result, import price attained 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 Colombia ($X per ton) and Peru ($X per ton), while Argentina ($X per ton) and Brazil ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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