Australia: Casein And Caseinates Market 2025

Casein And Caseinates Market Size in Australia

In 2022, the Australian casein and caseinates market increased by 6.3% to $X, rising for the second consecutive year after two years of decline. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Casein And Caseinates Production in Australia

In value terms, casein and caseinates production fell slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a mild curtailment. The growth pace was the most rapid in 2017 when the production volume increased by 51%. Casein and caseinates production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Casein And Caseinates Exports

Exports from Australia

In 2022, overseas shipments of casein and caseinates decreased by -65.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports showed a precipitous slump. The growth pace was the most rapid in 2016 when exports increased by 160% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, casein and caseinates exports dropped remarkably to $X in 2022. Overall, exports saw a sharp setback. The pace of growth appeared the most rapid in 2016 with an increase of 106% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia (X tons) was the main destination for casein and caseinates exports from Australia, accounting for a 69% share of total exports. Moreover, casein and caseinates exports to Malaysia exceeded the volume sent to the second major destination, Pakistan (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Malaysia stood at +15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+9.4% per year) and Hong Kong SAR (0.0% per year).

In value terms, Malaysia ($X) emerged as the key foreign market for casein and caseinates exports from Australia, comprising 69% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia amounted to +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+11.7% per year) and Hong Kong SAR (0.0% per year).

Export Prices by Country

In 2022, the average casein and caseinates export price amounted to $X per ton, surging by 20% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 increased by +120.0% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 44%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Pakistan ($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 Poland (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.

Casein And Caseinates Imports

Imports into Australia

In 2022, purchases abroad of casein and caseinates increased by 48% to X tons, rising for the third year in a row after five years of decline. In general, imports saw a measured increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, casein and caseinates imports surged to $X in 2022. Overall, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, New Zealand (X tons) constituted the largest supplier of casein and caseinates to Australia, with a 51% share of total imports. Moreover, casein and caseinates imports from New Zealand exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Ireland (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from New Zealand amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+26.1% per year) and Ireland (+17.3% per year).

In value terms, New Zealand ($X) constituted the largest supplier of casein and caseinates to Australia, comprising 51% of total imports. The second position in the ranking was held by the United States ($X), with a 20% share of total imports. It was followed by Ireland, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from New Zealand amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+30.1% per year) and Ireland (+24.0% per year).

Import Prices by Country

The average casein and caseinates import price stood at $X per ton in 2022, growing by 34% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 +108.8% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 44%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :