Portugal: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in Portugal

The Portuguese casein and caseinates market expanded sharply to $X in 2022, growing by 9% against the previous year. In general, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -12.5% against 2020 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Casein And Caseinates Production in Portugal

In value terms, casein and caseinates production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a moderate increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by 98% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Casein And Caseinates Exports

Exports from Portugal

In 2022, shipments abroad of casein and caseinates increased by 0.5% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2017 when exports increased by 14,873%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, casein and caseinates exports soared to $X in 2022. In general, exports posted a significant increase. The growth pace was the most rapid in 2017 with an increase of 10,966% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Kenya (X tons) was the main destination for casein and caseinates exports from Portugal, with a 98% share of total exports. It was followed by Italy (X kg), with a 1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Kenya totaled -16.3%.

In value terms, Kenya ($X) emerged as the key foreign market for casein and caseinates exports from Portugal, comprising 99% of total exports. The second position in the ranking was held by Italy ($X), with a 0.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Kenya totaled +2.6%.

Export Prices by Country

In 2022, the average casein and caseinates export price amounted to $X per ton, surging by 19% against the previous year. Overall, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 an increase of 85%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to Italy stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+22.6%), while the prices for the other major destinations experienced mixed trend patterns.

Casein And Caseinates Imports

Imports into Portugal

In 2022, the amount of casein and caseinates imported into Portugal rose significantly to X tons, picking up by 11% on 2021. Over the period under review, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of 144% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, casein and caseinates imports skyrocketed to $X in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 122% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of casein and caseinates to Portugal, accounting for a 63% share of total imports. Moreover, casein and caseinates imports from Poland exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to +27.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+142.0% per year) and Germany (+123.0% per year).

In value terms, Poland ($X) constituted the largest supplier of casein and caseinates to Portugal, comprising 62% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 22% share of total imports. It was followed by France, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value from Poland amounted to +30.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+147.8% per year) and France (-0.1% per year).

Import Prices by Country

In 2022, the average casein and caseinates import price amounted to $X per ton, surging by 29% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 import price increased by +82.5% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 33%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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