Luxembourg: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in Luxembourg

The Luxembourg casein and caseinates market expanded significantly to $X in 2022, rising by 7.8% against the previous year. The market value increased at an average annual rate of +3.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Casein And Caseinates Production in Luxembourg

In value terms, casein and caseinates production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.4% 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 2020 when the production volume increased by 45% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Casein And Caseinates Exports

Exports from Luxembourg

In 2021, exports of casein and caseinates from Luxembourg fell markedly to X kg, which is down by -90.8% on the previous year's figure. Over the period under review, exports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2016 when exports increased by 44%. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, casein and caseinates exports contracted sharply to $X in 2021. In general, exports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2019 when exports increased by 24% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X kg) was the main destination for casein and caseinates exports from Luxembourg, accounting for a 93% share of total exports. Moreover, casein and caseinates exports to Belgium exceeded the volume sent to the second major destination, Italy (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Belgium stood at -29.8%.

In value terms, Belgium ($X) remains the key foreign market for casein and caseinates exports from Luxembourg, comprising 92% of total exports. The second position in the ranking was held by Italy ($X), with a 7.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium totaled -30.5%.

Export Prices by Country

The average casein and caseinates export price stood at $X per ton in 2021, rising by 23% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 89%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.0%), while the prices for the other major destinations experienced a decline.

Casein And Caseinates Imports

Imports into Luxembourg

In 2022, supplies from abroad of casein and caseinates increased by 103% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports showed a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 248% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, casein and caseinates imports skyrocketed to $X in 2022. Overall, imports showed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 266%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X kg) constituted the largest supplier of casein and caseinates to Luxembourg, with a 63% share of total imports. Moreover, casein and caseinates imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X kg), twofold. The Netherlands (X kg) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +52.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-4.2% per year) and the Netherlands (+28.2% per year).

In value terms, Germany ($X) constituted the largest supplier of casein and caseinates to Luxembourg, comprising 74% of total imports. The second position in the ranking was taken by Belgium ($X), with an 8.7% share of total imports. It was followed by the Netherlands, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +47.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-10.0% per year) and the Netherlands (+6.6% per year).

Import Prices by Country

In 2022, the average casein and caseinates import price amounted to $X per ton, which is down by -16.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 93% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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