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

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

The French casein glue and caseinates market skyrocketed to $X in 2022, jumping by 18% against the previous year. In general, consumption showed a resilient increase. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Casein Glues And Caseinates And Other Casein Derivatives in France

In value terms, casein glue and caseinates production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a sharp slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 29%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports from France

In 2022, shipments abroad of casein glues and caseinates and other casein derivatives decreased by -11.8% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated modest growth from 2012 to 2022: its volume 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. The pace of growth was the most pronounced in 2016 with an increase of 98%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, casein glue and caseinates exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 34% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

China (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of casein glue and caseinates exports from France, with a combined 49% share of total exports. Spain, Germany, Indonesia, Poland, Japan, Cuba, Italy, South Korea and Malaysia lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for Cuba (with a CAGR of +104.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for casein glue and caseinates exported from France were China ($X), the United States ($X) and the Netherlands ($X), together accounting for 51% of total exports. Spain, Germany, Indonesia, Japan, Poland, Italy, South Korea, Malaysia and Cuba lagged somewhat behind, together accounting for a further 37%.

Among the main countries of destination, Cuba, with a CAGR of +71.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average casein glue and caseinates export price stood at $X per ton in 2022, rising by 40% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 +169.2% against 2016 indices. The growth pace was the most rapid in 2017 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Cuba ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports into France

In 2022, approx. X tons of casein glues and caseinates and other casein derivatives were imported into France; with a decrease of -6.2% compared with the previous year. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, casein glue and caseinates imports surged to $X in 2022. Over the period under review, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.3% 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 +95.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 32%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Denmark (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of casein glue and caseinates imports to France, with a combined 87% share of total imports. Italy, Spain, the UK and Belgium lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +33.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), the Netherlands ($X) and Germany ($X) were the largest casein glue and caseinates suppliers to France, together accounting for 94% of total imports. Italy, the UK, Spain and Belgium lagged somewhat behind, together accounting for a further 4.3%.

The UK, with a CAGR of +30.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, increasing by 37% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price 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, casein glue and caseinates import price increased by +60.2% against 2018 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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