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

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

The Belarusian casein glue and caseinates market rose significantly to $X in 2022, surging by 12% against the previous year. In general, consumption, however, continues to indicate a slight slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

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

In value terms, casein glue and caseinates production reached $X in 2022 estimated in export price. In general, production, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 76%. Casein glue and caseinates production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports from Belarus

In 2022, after two years of decline, there was significant growth in shipments abroad of casein glues and caseinates and other casein derivatives, when their volume increased by 37% to X tons. In general, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of 209% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, casein glue and caseinates exports soared to $X in 2022. Overall, exports, however, continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 206% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for casein glue and caseinates exports from Belarus, accounting for a 94% share of total exports. It was followed by Canada (X kg), with a 2.5% share of total exports. The third position in this ranking was taken by Uzbekistan (X kg), with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+16.3% per year) and Uzbekistan (-53.7% per year).

In value terms, Germany ($X) remains the key foreign market for casein glues and caseinates and other casein derivatives exports from Belarus, comprising 91% of total exports. The second position in the ranking was held by Canada ($X), with a 6.4% share of total exports. It was followed by Uzbekistan, with a 1.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+8.5% per year) and Uzbekistan (-48.5% per year).

Export Prices by Country

In 2022, the average casein glue and caseinates export price amounted to $X per ton, shrinking by -4.4% against the previous year. Overall, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 9.7%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Russia ($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 Uzbekistan (+11.3%), while the prices for the other major destinations experienced a decline.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports into Belarus

After three years of growth, purchases abroad of casein glues and caseinates and other casein derivatives decreased by -3.7% to X tons in 2022. In general, imports, however, recorded modest growth. The growth pace was the most rapid in 2020 with an increase of 247% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then declined in the following year.

In value terms, casein glue and caseinates imports declined to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 190%. Over the period under review, imports hit record highs at $X in 2021, and then shrank in the following year.

Imports by Country

Germany (X tons), Russia (X tons) and Hungary (X tons) were the main suppliers of casein glue and caseinates imports to Belarus, with a combined 84% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +23.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Russia ($X) and Hungary ($X) were the largest casein glue and caseinates suppliers to Belarus, with a combined 84% share of total imports.

In terms of the main suppliers, Hungary, with a CAGR of +26.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average casein glue and caseinates import price stood at $X per ton in 2022, waning by -8.8% against the previous year. In general, the import price saw a mild decline. The most prominent rate of growth was recorded in 2021 an increase of 22%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($X per ton) and Hungary ($X per ton), while the price for Germany ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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