Poland: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in Poland

In 2022, the Polish casein and caseinates market increased by 54% to $X, rising for the third consecutive year after two years of decline. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +92.8% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Casein And Caseinates Exports

Exports from Poland

In 2022, the amount of casein and caseinates exported from Poland shrank notably to X tons, waning by -28.8% on the year before. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by 42%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, casein and caseinates exports reduced to $X in 2022. In general, exports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 31% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tons), Italy (X tons) and Russia (X tons) were the main destinations of casein and caseinates exports from Poland, with a combined 34% 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 Russia (with a CAGR of +86.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for casein and caseinates exported from Poland were Indonesia ($X), Italy ($X) and Kenya ($X), with a combined 34% share of total exports. Russia, Portugal, Hungary, Thailand, Germany, South Korea, Switzerland, Spain and Vietnam lagged somewhat behind, together comprising a further 51%.

Among the main countries of destination, South Korea, with a CAGR of +73.6%, recorded the highest rates of growth with regard to 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

The average casein and caseinates export price stood at $X per ton in 2022, with an increase of 33% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, casein and caseinates export price increased by +128.5% against 2016 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Switzerland ($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 Thailand (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Casein And Caseinates Imports

Imports into Poland

In 2022, approx. X tons of casein and caseinates were imported into Poland; growing by 17% on the year before. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +19.2% against 2016 indices. The growth pace was the most rapid in 2016 with an increase of 34%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, casein and caseinates imports soared to $X in 2022. Overall, imports enjoyed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Ukraine (X tons), New Zealand (X tons) and Ireland (X tons) were the main suppliers of casein and caseinates imports to Poland, with a combined 69% share of total imports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +21.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), New Zealand ($X) and Ireland ($X) were the largest casein and caseinates suppliers to Poland, together comprising 69% of total imports.

New Zealand, with a CAGR of +25.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average casein and caseinates import price stood at $X per ton in 2022, growing by 26% against the previous year. In general, the import price recorded a noticeable expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Ireland ($X per ton) and Germany ($X per ton), while the price for Belarus ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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