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

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

In 2022, the Polish casein glue and caseinates market decreased by -22.8% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, showed a measured expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, casein glue and caseinates production dropped to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 7%. Casein glue and caseinates production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports from Poland

Casein glue and caseinates exports from Poland skyrocketed to X tons in 2022, jumping by 25% against 2021 figures. Overall, exports saw a strong increase. The growth pace was the most rapid in 2019 with an increase of 37%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, casein glue and caseinates exports surged to $X in 2022. In general, exports saw a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for casein glue and caseinates exports from Poland, accounting for a 43% share of total exports. Moreover, casein glue and caseinates exports to the United States exceeded the volume sent to the second major destination, Thailand (X tons), twofold. The third position in this ranking was held by Malaysia (X tons), with a 4.3% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+2.7% per year) and Malaysia (+6.3% per year).

In value terms, the United States ($X) remains the key foreign market for casein glues and caseinates and other casein derivatives exports from Poland, comprising 42% of total exports. The second position in the ranking was held by Thailand ($X), with a 17% share of total exports. It was followed by China, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+6.3% per year) and China (+35.1% per year).

Export Prices by Country

In 2022, the average casein glue and caseinates export price amounted to $X per ton, growing by 36% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 export price increased by +90.4% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Lithuania ($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 Indonesia (+15.8%), 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 Poland

In 2022, the amount of casein glues and caseinates and other casein derivatives imported into Poland expanded remarkably to X tons, surging by 7.3% on the previous year. The total import volume increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 26%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, casein glue and caseinates imports skyrocketed to $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% 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 +37.9% against 2017 indices. The growth pace was the most rapid in 2013 when imports increased by 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

The Netherlands (X tons), France (X tons) and Italy (X tons) were the main suppliers of casein glue and caseinates imports to Poland, with a combined 75% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +66.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest casein glue and caseinates suppliers to Poland were France ($X), the Netherlands ($X) and Lithuania ($X), with a combined 80% share of total imports. Italy, Germany, Slovakia, Latvia and Hungary lagged somewhat behind, together comprising a further 13%.

Among the main suppliers, Italy, with a CAGR of +48.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average casein glue and caseinates import price amounted to $X per ton, increasing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, import price reached 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 France ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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