Czech Republic: Market for Casein Glues And Caseinates And Other Casein Derivatives 2024

Market Size for Casein Glues And Caseinates And Other Casein Derivatives in the Czech Republic

The Czech casein glue and caseinates market stood at $X in 2022, growing by 11% 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). In general, consumption continues to indicate 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.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports from the Czech Republic

In 2022, approx. X tons of casein glues and caseinates and other casein derivatives were exported from the Czech Republic; with a decrease of -77.9% compared with 2021. Over the period under review, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 108%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, casein glue and caseinates exports reduced rapidly to $X in 2022. In general, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 46% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Slovakia (X tons) was the main destination for casein glue and caseinates exports from the Czech Republic, accounting for a 67% share of total exports. Moreover, casein glue and caseinates exports to Slovakia exceeded the volume sent to the second major destination, China (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia amounted to -6.4%.

In value terms, the largest markets for casein glue and caseinates exported from the Czech Republic were Slovakia ($X) and China ($X).

In terms of the main countries of destination, Slovakia, with a CAGR of -17.6%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average casein glue and caseinates export price amounted to $X per ton, declining by -21.9% against the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 55% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Slovakia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports into the Czech Republic

In 2022, after five years of decline, there was growth in purchases abroad of casein glues and caseinates and other casein derivatives, when their volume increased by 2.7% to X tons. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 15%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, casein glue and caseinates imports rose notably to $X in 2022. The total import value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by 15% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Slovakia (X tons) were the main suppliers of casein glue and caseinates imports to the Czech Republic, together accounting for 89% of total imports. France, the UK and Hungary lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +38.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and France ($X) were the largest casein glue and caseinates suppliers to the Czech Republic, with a combined 89% share of total imports. Slovakia, the UK and Hungary lagged somewhat behind, together comprising a further 11%.

In terms of the main suppliers, the UK, with a CAGR of +34.7%, recorded the highest growth rate of 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, rising by 9.8% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 import price increased by +82.1% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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