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

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

The Romanian casein glue and caseinates market rose markedly to $X in 2022, increasing by 13% against the previous year. Overall, consumption showed strong growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

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

In value terms, casein glue and caseinates production soared to $X in 2022 estimated in export price. In general, production recorded a strong increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 95%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports from Romania

In 2022, approx. X tons of casein glues and caseinates and other casein derivatives were exported from Romania; growing by 71% against the year before. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 4,260% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, casein glue and caseinates exports skyrocketed to $X in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 3,871%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Greece (X tons) was the main destination for casein glue and caseinates exports from Romania, accounting for a 100% share of total exports. It was followed by Bulgaria (X kg), with a 0.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Greece amounted to +42.4%.

In value terms, Greece ($X) remains the key foreign market for casein glues and caseinates and other casein derivatives exports from Romania, comprising 100% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a 0.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Greece stood at +56.4%.

Export Prices by Country

The average casein glue and caseinates export price stood at $X per ton in 2022, picking up by 44% against the previous year. Overall, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 64%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+9.8%).

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports into Romania

In 2022, after four years of decline, there was significant growth in overseas purchases of casein glues and caseinates and other casein derivatives, when their volume increased by 9.7% to X tons. In general, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2014 when imports increased by 106%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, casein glue and caseinates imports surged to $X in 2022. Over the period under review, imports continue to indicate prominent growth. The growth pace was the most rapid in 2014 with an increase of 203% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Hungary (X tons) were the main suppliers of casein glue and caseinates imports to Romania, together accounting for 70% of total imports. Greece, France, Poland and Italy lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +23.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Greece ($X) and Germany ($X) were the largest casein glue and caseinates suppliers to Romania, with a combined 79% share of total imports.

Among the main suppliers, Greece, with a CAGR of +28.2%, saw the highest rates of growth with regard to 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

The average casein glue and caseinates import price stood at $X per ton in 2022, increasing by 46% against the previous year. Overall, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 47% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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