Eastern Europe: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in Eastern Europe

The East European casein and caseinates market stood at $X in 2022, picking up by 8.8% against the previous year. Over the period under review, consumption, however, recorded a mild descent. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Casein And Caseinates Production in Eastern Europe

In value terms, casein and caseinates production expanded to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Casein And Caseinates Exports

Exports in Eastern Europe

In 2022, overseas shipments of casein and caseinates increased by 9.5% to X tons, rising for the third consecutive year after two years of decline. In general, exports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2014 when exports increased by 12%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, casein and caseinates exports surged to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Ukraine (X tons) represented the main exporter of casein and caseinates, creating 48% of total exports. It was distantly followed by Latvia (X tons), Poland (X tons) and Belarus (X tons), together mixing up a 52% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Latvia (with a CAGR of +199.0%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Ukraine ($X) remains the largest casein and caseinates supplier in Eastern Europe, comprising 58% of total exports. The second position in the ranking was taken by Poland ($X), with a 17% share of total exports. It was followed by Belarus, with a 14% share.

In Ukraine, casein and caseinates exports expanded at an average annual rate of +5.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (-4.8% per year) and Belarus (-10.6% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, with an increase of 29% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+5.0%), while the other leaders experienced more modest paces of growth.

Casein And Caseinates Imports

Imports in Eastern Europe

For the fifth consecutive year, Eastern Europe recorded growth in supplies from abroad of casein and caseinates, which increased by 6.7% to X tons in 2022. Total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +3.5% 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 +102.0% against 2013 indices. The most prominent rate of growth was recorded in 2014 with an increase of 26%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, casein and caseinates imports surged to $X in 2022. In general, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 34% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Poland (X tons) represented the major importer of casein and caseinates, generating 62% of total imports. It was distantly followed by Russia (X tons), comprising a 30% share of total imports. Latvia (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to casein and caseinates imports into Poland stood at +2.2%. At the same time, Russia (+16.7%) and Latvia (+8.5%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +16.7% from 2012-2022. By contrast, Hungary (-8.3%) illustrated a downward trend over the same period. Russia (+21 p.p.) significantly strengthened its position in terms of the total imports, while Hungary and Poland saw its share reduced by -3.9% and -7.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported casein and caseinates in Eastern Europe, comprising 68% of total imports. The second position in the ranking was taken by Russia ($X), with a 25% share of total imports. It was followed by Latvia, with a 2.3% share.

In Poland, casein and caseinates imports increased at an average annual rate of +5.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (+17.6% per year) and Latvia (+6.7% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, growing by 16% against the previous year. Import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, casein and caseinates import price increased by +56.1% against 2017 indices. The growth pace was the most rapid in 2013 an increase of 24%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per ton), while Latvia ($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 (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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