EU: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in the EU

After two years of growth, the EU casein and caseinates market decreased by -34.6% to $X in 2022. In general, consumption recorded a slight reduction. As a result, consumption reached the peak level of $X, and then dropped sharply in the following year.

Casein And Caseinates Production in the EU

In value terms, casein and caseinates production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 22% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Casein And Caseinates Exports

Exports in the EU

In 2022, approx. X tons of casein and caseinates were exported in the European Union; rising by 101% on 2021 figures. Total exports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, casein and caseinates exports skyrocketed to $X in 2022. In general, exports recorded a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ireland represented the main exporting country with an export of around X tons, which amounted to 51% of total exports. France (X tons) held a 22% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (6.1%), Germany (5.8%) and Latvia (4.6%). Austria (X tons) and Spain (X tons) held a little share of total exports.

Exports from Ireland increased at an average annual rate of +4.1% from 2012 to 2022. At the same time, Latvia (+199.0%), Austria (+54.0%), Spain (+25.8%) and the Netherlands (+8.5%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +199.0% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Germany (-1.1%) illustrated a downward trend over the same period. While the share of Latvia (+4.6 p.p.), Ireland (+4.1 p.p.), Austria (+3.7 p.p.), Spain (+2.9 p.p.) and the Netherlands (+2.4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Germany (-3 p.p.) and France (-10.2 p.p.) displayed negative dynamics.

In value terms, Ireland ($X) emerged as the largest casein and caseinates supplier in the European Union, comprising 55% of total exports. The second position in the ranking was held by France ($X), with a 22% share of total exports. It was followed by Germany, with a 7% share.

In Ireland, casein and caseinates exports increased at an average annual rate of +7.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: France (+2.2% per year) and Germany (+2.9% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, growing by 36% against the previous year. Export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% 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 export price increased by +88.3% against 2016 indices. As a result, the export price reached 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 Germany ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.4%), while the other leaders experienced more modest paces of growth.

Casein And Caseinates Imports

Imports in the EU

In 2022, the amount of casein and caseinates imported in the European Union amounted to X tons, stabilizing at the year before. In general, imports, however, saw a mild contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, casein and caseinates imports surged to $X in 2022. Total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% 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 +95.3% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Poland (X tons), Germany (X tons), the Netherlands (X tons) and Spain (X tons) was the major importer of casein and caseinates in the European Union, constituting 76% of total import. It was distantly followed by Italy (X tons), generating a 9.2% share of total imports. The following importers - France (X tons) and Austria (X tons) - each amounted to a 5.9% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of +8.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest casein and caseinates importing markets in the European Union were Poland ($X), Germany ($X) and the Netherlands ($X), with a combined 64% share of total imports.

The Netherlands, with a CAGR of +11.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, with an increase of 28% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 +98.6% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 34%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Austria ($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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