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

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

After two years of growth, the Norwegian casein glue and caseinates market decreased by -99.2% to $X in 2022. In general, consumption recorded a sharp descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, casein glue and caseinates production fell dramatically to $X in 2022 estimated in export price. In general, production, however, saw a perceptible downturn. The pace of growth was the most pronounced in 2019 with an increase of 20% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports from Norway

In 2022, overseas shipments of casein glues and caseinates and other casein derivatives increased by 215% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 306% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, casein glue and caseinates exports reached $X in 2022. In general, exports recorded a buoyant increase. The growth pace was the most rapid in 2013 when exports increased by 233% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for casein glue and caseinates exports from Norway, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Italy was relatively modest.

In value terms, Italy ($X) emerged as the key foreign market for casein glues and caseinates and other casein derivatives exports from Norway.

From 2012 to 2022, the average annual growth rate of value to Italy was relatively modest.

Export Prices by Country

In 2022, the average casein glue and caseinates export price amounted to $X per ton, waning by -67.2% against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2019 an increase of 65%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +13.2% per year.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports into Norway

In 2022, overseas purchases of casein glues and caseinates and other casein derivatives decreased by -58.9% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports faced a significant decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 136%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, casein glue and caseinates imports shrank dramatically to $X in 2022. Over the period under review, imports faced a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 166% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest casein glue and caseinates supplier to Norway, with a 55% share of total imports. Moreover, casein glue and caseinates imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X kg), threefold. The third position in this ranking was taken by Lithuania (X kg), with a 17% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at -13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-19.8% per year) and Lithuania (-9.6% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of casein glues and caseinates and other casein derivatives to Norway, comprising 70% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by Sweden, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-16.2% per year) and Sweden (-14.4% per year).

Import Prices by Country

In 2022, the average casein glue and caseinates import price amounted to $X per ton, increasing by 26% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 +88.0% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 31% against the previous year. The import price peaked in 2022 and is likely to see gradual 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 the Netherlands ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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