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

Market Size for Casein Glues And Caseinates And Other Casein Derivatives in the EU

The EU casein glue and caseinates market dropped to $X in 2022, remaining constant against the previous year. Over the period under review, consumption enjoyed significant growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Casein Glues And Caseinates And Other Casein Derivatives in the EU

In value terms, casein glue and caseinates production skyrocketed to $X in 2022 estimated in export price. In general, production recorded a notable increase. The pace of growth was the most pronounced in 2013 with an increase of 132% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports in the EU

In 2022, the amount of casein glues and caseinates and other casein derivatives exported in the European Union shrank to X tons, dropping by -1.8% compared with the year before. In general, exports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2013 when exports increased by 116% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, casein glue and caseinates exports surged to $X in 2022. Overall, exports, however, showed a modest increase. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Germany (X tons), distantly followed by France (X tons), Poland (X tons) and Ireland (X tons) represented the main exporters of casein glues and caseinates and other casein derivatives, together mixing up 87% of total exports. The Netherlands (X tons), Portugal (X tons) and Spain (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Portugal (with a CAGR of +27.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 80% of total exports. Ireland, the Netherlands, Portugal and Spain lagged somewhat behind, together accounting for a further 17%.

Portugal, with a CAGR of +26.1%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, with an increase of 50% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. 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 Ireland ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+6.1%), while the other leaders experienced more modest paces of growth.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports in the EU

Casein glue and caseinates imports contracted to X tons in 2022, dropping by -6.9% compared with the previous year. In general, imports continue to indicate a mild decline. The pace of growth appeared the most rapid in 2016 with an increase of 11%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, casein glue and caseinates imports surged to $X in 2022. Total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.1% 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 +58.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), distantly followed by the Netherlands (X tons), Spain (X tons), Belgium (X tons), France (X tons) and Poland (X tons) were the largest importers of casein glues and caseinates and other casein derivatives, together committing 76% of total imports. Italy (X tons), Croatia (X tons), Denmark (X tons), Greece (X tons), the Czech Republic (X tons) and Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Croatia (with a CAGR of +25.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Spain ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 62% of total imports. France, Croatia, Italy, Belgium, Poland, Greece, Denmark, Sweden and the Czech Republic lagged somewhat behind, together comprising a further 32%.

Croatia, with a CAGR of +36.2%, saw 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, rising by 35% against the previous year. Import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 import price increased by +78.1% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Croatia ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+8.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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