Report Update Nov 1, 2024

Bulgaria - Casein and Caseinates - Market Analysis, Forecast, Size, Trends and Insights

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Bulgaria: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in Bulgaria

The Bulgarian casein and caseinates market declined modestly to $X in 2022, waning by -3.7% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Casein And Caseinates Production in Bulgaria

In value terms, casein and caseinates production expanded slightly to $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 30%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Casein And Caseinates Exports

Exports from Bulgaria

Casein and caseinates exports from Bulgaria declined significantly to X kg in 2022, reducing by -95% compared with 2021. Overall, exports continue to indicate a pronounced descent. The growth pace was the most rapid in 2016 when exports increased by 2,929% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, casein and caseinates exports shrank dramatically to $X in 2022. Over the period under review, exports showed a mild descent. The pace of growth was the most pronounced in 2014 when exports increased by 1,534% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Armenia (X kg) and North Macedonia (X kg) were the main destinations of casein and caseinates exports from Bulgaria. Moreover, casein and caseinates exports in Armenia exceeded the figures recorded by the second-largest exporter, North Macedonia, twofold.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of 0.0%).

In value terms, Armenia ($X) and North Macedonia ($X) were the largest markets for casein and caseinates exported from Bulgaria worldwide.

Among the main countries of destination, Armenia, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average casein and caseinates export price stood at $X per ton in 2022, picking up by 120% against the previous year. Over the period under review, the export price continues to indicate slight growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($X per ton), while the average price for exports to Armenia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+664.1%), while the prices for the other major destinations experienced more modest paces of growth.

Casein And Caseinates Imports

Imports into Bulgaria

Casein and caseinates imports into Bulgaria contracted sharply to X tons in 2022, waning by -92.8% against the year before. In general, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 147% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, casein and caseinates imports contracted sharply to $X in 2022. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2013 when imports increased by 335% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Greece (X tons), Poland (X tons) and the Netherlands (X kg) were the main suppliers of casein and caseinates imports to Bulgaria, together accounting for 90% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of -0.9%), while imports for the other leaders experienced a decline.

In value terms, the largest casein and caseinates suppliers to Bulgaria were Greece ($X), Poland ($X) and France ($X), with a combined 75% share of total imports.

Greece, with a CAGR of +1.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average casein and caseinates import price stood at $X per ton in 2022, shrinking by -17.5% against the previous year. Overall, the import price recorded a mild reduction. The pace of growth appeared the most rapid in 2013 an increase of 76% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 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 (+34.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for casein and caseinates in the world?

China remains the largest casein and caseinates consuming country worldwide, accounting for 18% of total volume. Moreover, casein and caseinates consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 5.2% share.

What are the largest producers of casein and caseinates in the world?

China remains the largest casein and caseinates producing country worldwide, accounting for 17% of total volume. Moreover, casein and caseinates production in China exceeded the figures recorded by the second-largest producer, India, twofold. New Zealand ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of casein and caseinates to Bulgaria?

In value terms, the Netherlands constituted the largest supplier of casein and caseinates to Bulgaria, comprising 61% of total imports. The second position in the ranking was occupied by Poland, with a 24% share of total imports.

What is the average export price for casein and caseinates in Bulgaria?

In 2021, the average casein and caseinates export price amounted to $12,512 per ton, growing by 47% against the previous year.

What is the average import price for casein and caseinates in Bulgaria?

In 2021, the average casein and caseinates import price amounted to $6,182 per ton, waning by -6.1% against the previous year.

This report provides an in-depth analysis of the casein and caseinates market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10515300 - Casein and caseinates

Country coverage:

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023