Report Update Nov 1, 2024

Saudi Arabia - Casein and Caseinates - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in Saudi Arabia

The Saudi casein and caseinates market rose rapidly to $X in 2022, surging by 9.4% against the previous year. Overall, consumption recorded a buoyant increase. 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.

Casein And Caseinates Production in Saudi Arabia

In value terms, casein and caseinates production rose markedly to $X in 2022 estimated in export price. In general, production posted a strong expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 78% against the previous year. Casein and caseinates production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Casein And Caseinates Exports

Exports from Saudi Arabia

In 2018, casein and caseinates exports from Saudi Arabia shrank to X kg, dropping by -9% compared with 2017. Overall, exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2014 with an increase of 91% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2018, the exports failed to regain momentum.

In value terms, casein and caseinates exports expanded markedly to $X in 2018. Over the period under review, exports showed a sharp setback. The exports peaked at $X in 2013; however, from 2014 to 2018, the exports remained at a lower figure.

Casein And Caseinates Imports

Imports into Saudi Arabia

In 2022, the amount of casein and caseinates imported into Saudi Arabia surged to X tons, growing by 19% against the previous year. Overall, total imports indicated a moderate expansion from 2012 to 2022: its volume 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, imports decreased by -14.0% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, casein and caseinates imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest casein and caseinates supplier to Saudi Arabia, accounting for a 80% share of total imports. Moreover, casein and caseinates imports from France exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from France totaled +10.3%.

In value terms, France ($X) constituted the largest supplier of casein and caseinates to Saudi Arabia, comprising 84% of total imports. The second position in the ranking was held by New Zealand ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to +10.0%.

Import Prices by Country

The average casein and caseinates import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 38%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably 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 New Zealand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of casein and caseinates consumption, accounting for 18% of total volume. Moreover, casein and caseinates consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 5.2% share.

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

China constituted the country with the largest volume of casein and caseinates production, comprising approx. 17% of total volume. Moreover, casein 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 New Zealand, with a 6.3% share.

What are the leading suppliers of casein and caseinates to Saudi Arabia?

In value terms, the largest casein and caseinates suppliers to Saudi Arabia were Spain, France and India, with a combined 84% share of total imports.

What are the leading importers of casein and caseinates from Saudi Arabia?

In value terms, the United Arab Emirates and Kuwait constituted the largest markets for casein and caseinates exported from Saudi Arabia worldwide.

What is the average export price for casein and caseinates in Saudi Arabia?

In 2021, the average casein and caseinates export price amounted to $1,327 per ton, declining by -24.4% against the previous year.

What is the average import price for casein and caseinates in Saudi Arabia?

In 2021, the average casein and caseinates import price amounted to $7,087 per ton, waning by -11.9% against the previous year.

This report provides an in-depth analysis of the casein and caseinates market in Saudi Arabia. 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 10515300 - Casein and caseinates

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
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