Spain: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in Spain

The Spanish casein and caseinates market rose sharply to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Casein and caseinates consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Casein And Caseinates Production in Spain

In value terms, casein and caseinates production declined markedly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Casein and caseinates production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Casein And Caseinates Exports

Exports from Spain

Casein and caseinates exports from Spain skyrocketed to X tons in 2022, jumping by X% against 2021. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, casein and caseinates exports surged to $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Saudi Arabia (X tons), Bulgaria (X tons) and Morocco (X tons) were the main destinations of casein and caseinates exports from Spain, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the key foreign market for casein and caseinates exports from Spain, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with an X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at X.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Bulgaria (X% per year).

Export Prices by Country

The average casein and caseinates export price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, export price indicated a prominent 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 and caseinates export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to Bulgaria ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Casein And Caseinates Imports

Imports into Spain

In 2022, casein and caseinates imports into Spain surged to X tons, with an increase of X% compared with 2021 figures. Overall, imports showed a relatively flat trend pattern. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, casein and caseinates imports surged to $X in 2022. Over the period under review, imports recorded a pronounced expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Ireland (X tons) constituted the largest casein and caseinates supplier to Spain, with a X% share of total imports. Moreover, casein and caseinates imports from Ireland exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was taken by Bulgaria (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Ireland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Bulgaria (X% per year).

In value terms, Ireland ($X) constituted the largest supplier of casein and caseinates to Spain, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ireland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average casein and caseinates import price amounted to $X per ton, growing by X% against the previous year. In general, import price indicated a notable 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 2018 indices. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Greece ($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