Russian Federation: Market for Casein Glues And Caseinates And Other Casein Derivatives 2024

Market Size for Casein Glues And Caseinates And Other Casein Derivatives in the Russian Federation

The Russian casein glue and caseinates market reduced to $X in 2022, remaining stable against the previous year. Overall, consumption continues to indicate a slight setback. Casein glue and caseinates consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Casein Glues And Caseinates And Other Casein Derivatives in the Russian Federation

In value terms, casein glue and caseinates production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated strong growth 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 most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports from the Russian Federation

After two years of growth, overseas shipments of casein glues and caseinates and other casein derivatives decreased by X% to X tons in 2022. Over the period under review, exports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, casein glue and caseinates exports rose remarkably to $X in 2022. Overall, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X tons), Kyrgyzstan (X tons) and Armenia (X tons) were the main destinations of casein glue and caseinates exports from Russia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for casein glue and caseinates exported from Russia were Kazakhstan ($X), Kyrgyzstan ($X) and Armenia ($X), together comprising X% of total exports.

Kyrgyzstan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average casein glue and caseinates export price stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports into the Russian Federation

In 2022, casein glue and caseinates imports into Russia soared to X tons, picking up by X% compared with 2021. Over the period under review, imports, however, recorded a perceptible setback. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, casein glue and caseinates imports expanded rapidly to $X in 2022. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Kyrgyzstan (X tons), France (X tons) and Germany (X tons) were the main suppliers of casein glue and caseinates imports to Russia, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, France ($X) constituted the largest supplier of casein glues and caseinates and other casein derivatives to Russia, comprising X% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kyrgyzstan (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average casein glue and caseinates import price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then reduced markedly in the following year.

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

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

Source: IndexBox Platform

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