Iran: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in Iran

The Iranian casein and caseinates market expanded markedly to $X in 2022, with an increase of 5.4% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Casein And Caseinates Production in Iran

In value terms, casein and caseinates production expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 32%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Casein And Caseinates Exports

Exports from Iran

In 2022, exports of casein and caseinates from Iran expanded to X tons, picking up by 2.4% compared with 2021. Over the period under review, exports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 1,802%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, casein and caseinates exports fell to $X in 2022. Overall, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by 2,866% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X tons), Spain (X tons) and Canada (X kg) were the main destinations of casein and caseinates exports from Iran.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, Australia ($X) emerged as the key foreign market for casein and caseinates exports from Iran, comprising 65% of total exports. The second position in the ranking was taken by Spain ($X), with a 32% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-1.6% per year) and Canada (-15.0% per year).

Export Prices by Country

The average casein and caseinates export price stood at $X per ton in 2022, reducing by -3.3% against the previous year. Overall, the export price, however, posted a strong expansion. The pace of growth appeared the most rapid in 2013 an increase of 151%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Canada ($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 Spain (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

Casein And Caseinates Imports

Imports into Iran

Casein and caseinates imports into Iran skyrocketed to X tons in 2022, picking up by 502% compared with 2021. Over the period under review, imports, however, continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 2,878%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, casein and caseinates imports skyrocketed to $X in 2022. Overall, imports, however, showed a significant contraction. The pace of growth was the most pronounced in 2020 when imports increased by 2,908%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest casein and caseinates supplier to Iran, with a 45% share of total imports. Moreover, casein and caseinates imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at -8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-7.9% per year) and the United Arab Emirates (+13.5% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of casein and caseinates to Iran, comprising 49% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 22% share of total imports. It was followed by Switzerland, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to -8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+7.3% per year) and Switzerland (-16.0% per year).

Import Prices by Country

In 2022, the average casein and caseinates import price amounted to $X per ton, falling by -4.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 50% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Switzerland ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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