United Arab Emirates: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in the United Arab Emirates

The casein and caseinates market in the United Arab Emirates reduced to $X in 2022, which is down by -12.7% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Casein And Caseinates Production in the United Arab Emirates

In value terms, casein and caseinates production reduced sharply to $X in 2022 estimated in export price. In general, production, however, showed a slight increase. The pace of growth was the most pronounced in 2019 when the production volume increased by 101% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Casein And Caseinates Exports

Exports from the United Arab Emirates

In 2022, after two years of growth, there was significant decline in shipments abroad of casein and caseinates, when their volume decreased by -20.4% to X tons. Over the period under review, exports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by 3,496%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, casein and caseinates exports dropped to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 5,662%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X kg), Kuwait (X kg) and Oman (X kg) were the main destinations of casein and caseinates exports from the United Arab Emirates, with a combined 86% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Oman (with a CAGR of +79.4%), while the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Kuwait ($X) and Oman ($X) appeared to be the largest markets for casein and caseinates exported from the United Arab Emirates worldwide, with a combined 82% share of total exports.

In terms of the main countries of destination, Oman, with a CAGR of +90.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average casein and caseinates export price stood at $X per ton in 2022, picking up by 18% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 export price decreased by -39.3% against 2016 indices. The growth pace was the most rapid in 2015 when the average export price increased by 60%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Saudi Arabia ($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 Saudi Arabia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Casein And Caseinates Imports

Imports into the United Arab Emirates

In 2022, supplies from abroad of casein and caseinates was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a slight expansion. The most prominent rate of growth was recorded in 2018 with an increase of 1,665%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, casein and caseinates imports soared to $X in 2022. Overall, imports, however, recorded a mild setback. The pace of growth appeared the most rapid in 2018 with an increase of 1,689% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of casein and caseinates to the United Arab Emirates, accounting for a 46% share of total imports. Moreover, casein and caseinates imports from Germany exceeded the figures recorded by the second-largest supplier, Ireland (X tons), twofold. The third position in this ranking was taken by India (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +83.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+91.1% per year) and India (+46.4% per year).

In value terms, Germany ($X) constituted the largest supplier of casein and caseinates to the United Arab Emirates, comprising 61% of total imports. The second position in the ranking was held by Ireland ($X), with an 18% share of total imports. It was followed by India, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +65.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+81.2% per year) and India (+40.5% per year).

Import Prices by Country

The average casein and caseinates import price stood at $X per ton in 2022, growing by 43% against the previous year. In general, the import price, however, showed a perceptible downturn. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($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 United States (+4.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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