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

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

In 2022, the Scandinavia casein glue and caseinates market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption saw a slight slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, casein glue and caseinates production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports in Scandinavia

In 2022, overseas shipments of casein glues and caseinates and other casein derivatives increased by X% to X tons, rising for the second year in a row after four years of decline. In general, exports saw temperate growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, casein glue and caseinates exports soared to $X in 2022. Overall, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Sweden dominates exports structure, resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Norway (X tons), achieving a X% share of total exports.

Exports from Sweden increased at an average annual rate of X% from 2012 to 2022. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Norway increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest casein glue and caseinates supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price, however, posted prominent growth. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway stood at $X per ton.

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

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports in Scandinavia

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. Overall, imports showed a mild setback. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, casein glue and caseinates imports surged to $X in 2022. In general, imports, however, continue to indicate a perceptible increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden was the major importer of casein glues and caseinates and other casein derivatives in Scandinavia, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Finland (X tons), comprising a X% share of total imports.

Imports into Sweden decreased at an average annual rate of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. Finland (X p.p.) significantly strengthened its position in terms of the total imports, while Sweden saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported casein glues and caseinates and other casein derivatives in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden stood at X%.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, rising by X% against the previous year. Import price indicated a measured 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 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden amounted to $X per ton.

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

Source: IndexBox Platform

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