Report Update Nov 1, 2024

Philippines - Caseinates and Other Casein Derivatives (Excluding Casein Glues) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

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

Market Size for Casein Glues And Caseinates And Other Casein Derivatives in the Philippines

In 2022, the Philippine casein glue and caseinates market increased by 48% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption showed a prominent increase. Casein glue and caseinates consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports from the Philippines

Casein glue and caseinates exports from the Philippines amounted to X tons in 2017, therefore, remained relatively stable against the year before. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2013. Over the period under review, the exports hit record highs in 2017 and are likely to see gradual growth in the immediate term.

In value terms, casein glue and caseinates exports totaled $X in 2017. Over the period under review, exports recorded significant growth. The smallest decline of 99.9% was in 2013. Over the period under review, the exports hit record highs in 2017 and are expected to retain growth in the near future.

Exports by Country

Thailand (X tons) was the main destination for casein glue and caseinates exports from the Philippines, accounting for a 71% share of total exports. Moreover, casein glue and caseinates exports to Thailand exceeded the volume sent to the second major destination, Kuwait (X kg), twofold.

From 2012 to 2017, the average annual rate of growth in terms of volume to Thailand was relatively modest.

From 2012 to 2017, the average annual growth rate of value to Thailand was relatively modest.

Export Prices by Country

In 2017, the average casein glue and caseinates export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price showed significant growth. The pace of growth was the most pronounced in 2013 a decrease of 99.9%. The export price peaked in 2017 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Kuwait amounted to $X per ton.

From 2012 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (0.0%), 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 the Philippines

In 2022, supplies from abroad of casein glues and caseinates and other casein derivatives was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 95% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, casein glue and caseinates imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 112% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Denmark (X tons) constituted the largest casein glue and caseinates supplier to the Philippines, accounting for a 64% share of total imports. Moreover, casein glue and caseinates imports from Denmark exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. France (X tons) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2022, the average annual growth rate of volume from Denmark stood at +44.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.1% per year) and France (-5.4% per year).

In value terms, Denmark ($X) constituted the largest supplier of casein glues and caseinates and other casein derivatives to the Philippines, comprising 64% of total imports. The second position in the ranking was taken by Germany ($X), with a 24% share of total imports. It was followed by France, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value from Denmark amounted to +50.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.0% per year) and France (-3.6% per year).

Import Prices by Country

The average casein glue and caseinates import price stood at $X per ton in 2022, rising by 43% against the previous year. Overall, the import price continues to indicate a strong increase. 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 New Zealand ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for casein glues and caseinates and other casein derivatives in the world?

China remains the largest casein glue and caseinates consuming country worldwide, comprising approx. 24% of total volume. Moreover, casein glue and caseinates consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.6% share.

What are the largest producers of casein glues and caseinates and other casein derivatives in the world?

China constituted the country with the largest volume of casein glue and caseinates production, accounting for 23% of total volume. Moreover, casein glue and caseinates production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Russia, with a 7.8% share.

What are the leading suppliers of casein glues and caseinates and other casein derivatives to the Philippines?

In value terms, Denmark constituted the largest supplier of casein glue and caseinates to the Philippines, comprising 68% of total imports. The second position in the ranking was occupied by Germany, with a 15% share of total imports. It was followed by France, with an 8.8% share.

What are the leading importers of casein glues and caseinates and other casein derivatives from the Philippines?

In value terms, Thailand remains the key foreign market for casein glue and caseinates exports from the Philippines.

What is the average export price for casein glues and caseinates and other casein derivatives in the Philippines?

The average casein glue and caseinates export price stood at $7,933 per ton in 2021, reducing by -7.2% against the previous year.

What is the average import price for casein glues and caseinates and other casein derivatives in the Philippines?

In 2021, the average casein glue and caseinates import price amounted to $9,003 per ton, with an increase of 5.6% against the previous year.

This report provides an in-depth analysis of the market for casein glue and caseinates in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20521020 - Casein glues
Prodcom 20596020 - Caseinates and other casein derivatives (excluding casein glues)

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023