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

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

The Swiss casein glue and caseinates market surged to $X in 2022, jumping by 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +89.6% against 2015 indices. Casein glue and caseinates consumption peaked in 2022 and is likely to see steady growth in years to come.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports from Switzerland

In 2022, shipments abroad of casein glues and caseinates and other casein derivatives was finally on the rise to reach X tons after four years of decline. In general, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by 15% 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 stood at a somewhat lower figure.

In value terms, casein glue and caseinates exports surged to $X in 2022. Over the period under review, exports, however, recorded a abrupt contraction. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Ukraine (X tons) was the main destination for casein glue and caseinates exports from Switzerland, accounting for a 68% share of total exports. Moreover, casein glue and caseinates exports to Ukraine exceeded the volume sent to the second major destination, Portugal (X tons), sixfold. The third position in this ranking was held by Germany (X kg), with a 5.8% share.

From 2012 to 2022, the average annual growth rate of volume to Ukraine totaled +30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+168.1% per year) and Germany (-17.3% per year).

In value terms, Portugal ($X) emerged as the key foreign market for casein glues and caseinates and other casein derivatives exports from Switzerland, comprising 60% of total exports. The second position in the ranking was held by Ukraine ($X), with a 10% share of total exports. It was followed by the Czech Republic, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Portugal totaled +266.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+15.5% per year) and the Czech Republic (+51.2% per year).

Export Prices by Country

The average casein glue and caseinates export price stood at $X per ton in 2022, increasing by 38% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 +98.5% against 2016 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 Portugal ($X per ton), while the average price for exports to Ukraine ($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 Portugal (+36.5%), 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 Switzerland

In 2022, approx. X tons of casein glues and caseinates and other casein derivatives were imported into Switzerland; shrinking by -14.1% against 2021 figures. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 25% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, casein glue and caseinates imports surged to $X in 2022. Over the period under review, total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 +114.0% against 2016 indices. The growth pace was the most rapid in 2014 when imports increased by 31% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Denmark (X tons) constituted the largest casein glue and caseinates supplier to Switzerland, accounting for a 60% share of total imports. Moreover, casein glue and caseinates imports from Denmark exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Denmark totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.2% per year) and the Netherlands (-10.2% per year).

In value terms, Denmark ($X) constituted the largest supplier of casein glues and caseinates and other casein derivatives to Switzerland, comprising 60% of total imports. The second position in the ranking was held by Germany ($X), with a 29% share of total imports. It was followed by the Netherlands, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Denmark totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.2% per year) and the Netherlands (-2.3% per year).

Import Prices by Country

The average casein glue and caseinates import price stood at $X per ton in 2022, jumping by 51% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% 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 +80.8% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per ton) and the Netherlands ($X per ton), while the price for Germany ($X per ton) and Denmark ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+27.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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