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

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

The CIS casein glue and caseinates market dropped slightly to $X in 2022, with a decrease of -3.1% against the previous year. The total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +7.8% against 2020 indices. 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.

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

In value terms, casein glue and caseinates production declined to $X in 2022 estimated in export price. The total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.9% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 59% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports in CIS

In 2022, shipments abroad of casein glues and caseinates and other casein derivatives decreased by -20.9% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 256% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, casein glue and caseinates exports declined notably to $X in 2022. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 240%. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced notably in the following year.

Exports by Country

Kyrgyzstan was the largest exporting country with an export of around X tons, which reached 80% of total exports. Belarus (X tons) ranks second in terms of the total exports with a 13% share, followed by Uzbekistan (6.2%).

Kyrgyzstan was also the fastest-growing in terms of the casein glues and caseinates and other casein derivatives exports, with a CAGR of +26.6% from 2012 to 2022. At the same time, Belarus (+9.2%) displayed positive paces of growth. Uzbekistan experienced a relatively flat trend pattern. While the share of Kyrgyzstan (+58 p.p.) and Uzbekistan (+6.2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (-2.7 p.p.) displayed negative dynamics.

In value terms, Belarus ($X), Kyrgyzstan ($X) and Uzbekistan ($X) constituted the countries with the highest levels of exports in 2022, together comprising 97% of total exports.

Among the main exporting countries, Uzbekistan, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, reducing by -81.7% against the previous year. In general, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2021 when the export price increased by 28%. The level of export peaked at $X per ton in 2012; however, from 2013 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 Belarus ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (-11.6%).

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports in CIS

In 2022, overseas purchases of casein glues and caseinates and other casein derivatives were finally on the rise to reach X tons after two years of decline. In general, imports continue to indicate perceptible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, casein glue and caseinates imports soared to $X in 2022. Total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.6% against 2017 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 47% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

In 2022, Kyrgyzstan (X tons) represented the key importer of casein glues and caseinates and other casein derivatives, achieving 52% of total imports. It was distantly followed by Russia (X tons) and Kazakhstan (X tons), together mixing up a 41% share of total imports. Belarus (X tons) and Uzbekistan (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +29.9%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Russia ($X) constitutes the largest market for imported casein glues and caseinates and other casein derivatives in the CIS, comprising 75% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with an 8.2% share of total imports. It was followed by Uzbekistan, with a 6% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled +7.0%. In the other countries, the average annual rates were as follows: Kyrgyzstan (+25.8% per year) and Uzbekistan (+34.5% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, with a decrease of -50.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 73%. The level of import peaked at $X per ton in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+66.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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