South-Eastern Asia: Market for Casein Glues And Caseinates And Other Casein Derivatives 2025

Market Size for Casein Glues And Caseinates And Other Casein Derivatives in South-Eastern Asia

For the seventh consecutive year, the Southeast Asian casein glue and caseinates market recorded growth in sales value, which increased by 36% to $X in 2022. Overall, consumption continues to indicate buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Casein Glues And Caseinates And Other Casein Derivatives in South-Eastern Asia

In value terms, casein glue and caseinates production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production saw a significant expansion. The growth pace was the most rapid in 2018 when the production volume increased by 6,722% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports in South-Eastern Asia

Casein glue and caseinates exports declined dramatically to X tons in 2022, which is down by -40.9% against 2021. Overall, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 66% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, casein glue and caseinates exports reduced to $X in 2022. Over the period under review, exports showed a pronounced downturn. The growth pace was the most rapid in 2021 when exports increased by 73% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) and Thailand (X tons) prevails in exports structure, together committing 92% of total exports. Malaysia (X tons) and Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +4.8%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest casein glue and caseinates supplying countries in South-Eastern Asia were Singapore ($X), Thailand ($X) and Indonesia ($X), with a combined 97% share of total exports.

In terms of the main exporting countries, Thailand, with a CAGR of +12.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, surging by 49% against the previous year. In general, the export price continues to indicate a prominent increase. 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.5%), while the other leaders experienced more modest paces of growth.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports in South-Eastern Asia

In 2022, overseas purchases of casein glues and caseinates and other casein derivatives increased by 10% to X tons for the first time since 2018, thus ending a three-year declining trend. Total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 28%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, casein glue and caseinates imports soared to $X in 2022. Over the period under review, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Indonesia (X tons) and Thailand (X tons) represented the key importers of casein glues and caseinates and other casein derivatives in 2022, recording near 35% and 25% of total imports, respectively. It was distantly followed by Singapore (X tons), Malaysia (X tons), Vietnam (X tons) and the Philippines (X tons), together creating a 40% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +15.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest casein glue and caseinates importing markets in South-Eastern Asia were Indonesia ($X), Thailand ($X) and Singapore ($X), with a combined 77% share of total imports.

In terms of the main importing countries, Indonesia, with a CAGR of +16.6%, 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

In 2022, the import price in South-Eastern Asia amounted to $X per ton, jumping by 33% against the previous year. Import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 import price increased by +97.1% against 2016 indices. As a result, import 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 importers, the country with the highest price was Indonesia ($X per ton), while Malaysia ($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 Philippines (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :