Germany: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in Germany

In 2022, the German casein and caseinates market increased by 18% to $X, rising for the third year in a row after two years of decline. Overall, consumption recorded a pronounced curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Casein And Caseinates Production in Germany

In value terms, casein and caseinates production fell modestly to $X in 2022 estimated in export price. Overall, production, however, showed a deep reduction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 7.7% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Casein And Caseinates Exports

Exports from Germany

In 2022, shipments abroad of casein and caseinates was finally on the rise to reach X tons after two years of decline. Over the period under review, exports, however, recorded a slight curtailment. The pace of growth was the most pronounced in 2015 with an increase of 36% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, casein and caseinates exports skyrocketed to $X in 2022. In general, total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.7% against 2018 indices. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for casein and caseinates exports from Germany, with a 28% share of total exports. Moreover, casein and caseinates exports to the Netherlands exceeded the volume sent to the second major destination, Mexico (X tons), threefold. The third position in this ranking was taken by Japan (X tons), with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-4.9% per year) and Japan (-4.6% per year).

In value terms, the Netherlands ($X) remains the key foreign market for casein and caseinates exports from Germany, comprising 28% of total exports. The second position in the ranking was held by Mexico ($X), with a 9.6% share of total exports. It was followed by Japan, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-0.4% per year) and Japan (-0.1% per year).

Export Prices by Country

The average casein and caseinates export price stood at $X per ton in 2022, increasing by 38% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 +81.8% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Thailand ($X per ton) and Japan ($X per ton), while the average price for exports to South Korea ($X per ton) and Latvia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Casein And Caseinates Imports

Imports into Germany

In 2022, casein and caseinates imports into Germany fell to X tons, dropping by -9.3% against the previous year's figure. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of 37% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, casein and caseinates imports soared to $X in 2022. Over the period under review, imports saw a perceptible setback. The growth pace was the most rapid in 2014 when imports increased by 41%. 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

Ireland (X tons), New Zealand (X tons) and Austria (X tons) were the main suppliers of casein and caseinates imports to Germany, with a combined 70% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +81.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Ireland ($X), New Zealand ($X) and Austria ($X) were the largest casein and caseinates suppliers to Germany, with a combined 71% share of total imports.

In terms of the main suppliers, Austria, with a CAGR of +90.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average casein and caseinates import price amounted to $X per ton, rising by 31% against the previous year. Over the period under review, import price indicated a temperate increase 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 and caseinates import price increased by +79.1% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($X per ton) and New Zealand ($X per ton), while the price for Belarus ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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