Report Update Nov 1, 2024

Colombia - Caseinates and Other Casein Derivatives (Excluding Casein Glues) - Market Analysis, Forecast, Size, Trends and Insights

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

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

The Colombian casein glue and caseinates market soared to $X in 2022, jumping by 21% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a pronounced decrease. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports from Colombia

In 2022, overseas shipments of casein glues and caseinates and other casein derivatives were finally on the rise to reach X kg after two years of decline. In general, exports, however, continue to indicate a abrupt decrease. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, casein glue and caseinates exports soared to $X in 2022. Over the period under review, exports, however, recorded a perceptible slump. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Costa Rica (X kg) was the main destination for casein glue and caseinates exports from Colombia, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Costa Rica amounted to -5.9%.

In value terms, Costa Rica ($X) also remains the key foreign market for casein glues and caseinates and other casein derivatives exports from Colombia.

From 2012 to 2022, the average annual growth rate of value to Costa Rica totaled -2.7%.

Export Prices by Country

The average casein glue and caseinates export price stood at $X per ton in 2022, falling by -12.6% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, casein glue and caseinates export price increased by +72.0% against 2017 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +3.4% per year.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports into Colombia

After three years of decline, purchases abroad of casein glues and caseinates and other casein derivatives increased by 30% to X tons in 2022. Overall, imports, however, saw a slight setback. The growth pace was the most rapid in 2016 when imports increased by 58%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, casein glue and caseinates imports surged to $X in 2022. Over the period under review, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2016 with an increase of 47%. 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

Germany (X tons), Poland (X tons) and the UK (X tons) were the main suppliers of casein glue and caseinates imports to Colombia, together comprising 43% of total imports. New Zealand, the Netherlands, Latvia and Italy lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +56.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest casein glue and caseinates suppliers to Colombia were the UK ($X), Germany ($X) and Poland ($X), together accounting for 50% of total imports. New Zealand, the Netherlands, Italy and Latvia lagged somewhat behind, together comprising a further 16%.

Among the main suppliers, Italy, with a CAGR of +48.2%, 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

In 2022, the average casein glue and caseinates import price amounted to $X per ton, falling by -9.5% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest casein glue and caseinates consuming country worldwide, comprising approx. 24% of total volume. Moreover, casein glue and caseinates consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 9.6% share.

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

The country with the largest volume of casein glue and caseinates production was China, accounting for 23% of total volume. Moreover, casein glue and caseinates production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Russia, with a 7.8% share.

What are the leading suppliers of casein glues and caseinates and other casein derivatives to Colombia?

In value terms, the largest casein glue and caseinates suppliers to Colombia were the UK, Germany and Poland, with a combined 64% share of total imports. These countries were followed by New Zealand, China, the Netherlands and Italy, which together accounted for a further 32%.

What are the leading importers of casein glues and caseinates and other casein derivatives from Colombia?

In value terms, Peru remains the key foreign market for casein glue and caseinates exports from Colombia.

What is the average export price for casein glues and caseinates and other casein derivatives in Colombia?

The average casein glue and caseinates export price stood at $9,501 per ton in 2021, flattening at the previous year.

What is the average import price for casein glues and caseinates and other casein derivatives in Colombia?

The average casein glue and caseinates import price stood at $8,366 per ton in 2021, approximately equating the previous year.

This report provides an in-depth analysis of the market for casein glue and caseinates in Colombia. 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 20521020 - Casein glues
Prodcom 20596020 - Caseinates and other casein derivatives (excluding casein glues)

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
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