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

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

The German casein glue and caseinates market soared to $X in 2022, rising by 71% against the previous year. In general, consumption showed prominent growth. Casein glue and caseinates consumption peaked in 2022 and is expected to retain growth in the near future.

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

In value terms, casein glue and caseinates production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 110%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports from Germany

In 2022, casein glue and caseinates exports from Germany shrank sharply to X tons, waning by -17.9% on the previous year's figure. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, casein glue and caseinates exports surged to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons), Mexico (X tons) and the Netherlands (X tons) were the main destinations of casein glue and caseinates exports from Germany, with a combined 33% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +25.4%), while the other leaders experienced a decline.

In value terms, the largest markets for casein glue and caseinates exported from Germany were China ($X), Mexico ($X) and the Netherlands ($X), with a combined 36% share of total exports.

Among the main countries of destination, China, with a CAGR of +29.9%, recorded 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

In 2022, the average casein glue and caseinates export price amounted to $X per ton, increasing by 42% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 export price increased by +89.5% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($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 Belgium (+9.7%), 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 Germany

In 2022, approx. X tons of casein glues and caseinates and other casein derivatives were imported into Germany; declining by -12.4% against 2021. Over the period under review, imports showed a perceptible downturn. The pace of growth appeared the most rapid in 2016 with an increase of 11% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, casein glue and caseinates imports skyrocketed to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of casein glue and caseinates to Germany, with a 56% share of total imports. Moreover, casein glue and caseinates imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Denmark (X tons), fourfold. The third position in this ranking was held by Latvia (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+0.6% per year) and Latvia (-4.0% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of casein glues and caseinates and other casein derivatives to Germany, comprising 63% of total imports. The second position in the ranking was taken by Denmark ($X), with a 17% share of total imports. It was followed by New Zealand, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+5.2% per year) and New Zealand (-13.7% per year).

Import Prices by Country

In 2022, the average casein glue and caseinates import price amounted to $X per ton, jumping by 41% against the previous year. Overall, import price indicated a measured expansion 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 import price increased by +104.8% against 2016 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 ($X per ton), while the price for Hungary ($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 (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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