Overview of the Global Market for Casein Glues And Caseinates And Other Casein Derivatives

Market Size for Casein Glues And Caseinates And Other Casein Derivatives

The global casein glue and caseinates market rose significantly to $X in 2022, growing by 6.9% against the previous year. Overall, consumption posted a resilient expansion. Global consumption peaked in 2022 and is likely to see steady growth in years to come.

Production of Casein Glues And Caseinates And Other Casein Derivatives

In value terms, casein glue and caseinates production expanded notably to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.7% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 34%. Global production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports

In 2022, overseas shipments of casein glues and caseinates and other casein derivatives increased by 17% to X tons, rising for the third consecutive year after three years of decline. In general, exports, however, showed a mild descent. The growth pace was the most rapid in 2013 when exports increased by 65% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the global exports remained at a somewhat lower figure.

In value terms, casein glue and caseinates exports surged to $X in 2022. Over the period under review, exports saw a moderate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand was the key exporter of casein glues and caseinates and other casein derivatives in the world, with the volume of exports accounting for X tons, which was near 49% of total exports in 2022. It was distantly followed by Germany (X tons), France (X tons), Poland (X tons) and Ireland (X tons), together comprising a 39% share of total exports. The following exporters - the United States (X tons) and the Netherlands (X tons) - each reached a 4.1% share of total exports.

Exports from New Zealand increased at an average annual rate of +4.4% from 2012 to 2022. At the same time, Ireland (+14.2%), Poland (+9.0%) and France (+1.5%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.2% from 2012-2022. By contrast, the United States (-4.5%), Germany (-5.0%) and the Netherlands (-5.8%) illustrated a downward trend over the same period. While the share of New Zealand (+21 p.p.), Poland (+5.4 p.p.), Ireland (+4 p.p.) and France (+2.3 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Germany (-7.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest casein glue and caseinates supplier worldwide, comprising 52% of global exports. The second position in the ranking was taken by Germany ($X), with a 15% share of global exports. It was followed by France, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in New Zealand amounted to +8.5%. In the other countries, the average annual rates were as follows: Germany (-0.5% per year) and France (+5.7% per year).

Export Prices by Country

In 2022, the average casein glue and caseinates export price amounted to $X per ton, with an increase of 42% against the previous year. Overall, the export price posted a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+6.1%), while the other global leaders experienced more modest paces of growth.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports

In 2022, approx. X tons of casein glues and caseinates and other casein derivatives were imported worldwide; standing approx. at the year before. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 7.3%. As a result, imports attained the peak of X tons, leveling off in the following year.

In value terms, casein glue and caseinates imports skyrocketed to $X in 2022. Overall, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 +98.9% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons) and China (X tons) represented the major importers of casein glues and caseinates and other casein derivativesin the world, together achieving 30% of total imports. Germany (X tons) ranks next in terms of the total imports with an 8.7% share, followed by Japan (6%), Indonesia (5.1%) and the Netherlands (5.1%). South Korea (X tons), Thailand (X tons), Spain (X tons), Belgium (X tons), Singapore (X tons), Brazil (X tons) and France (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Indonesia (with a CAGR of +12.4%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, with a combined 40% share of global imports. Japan, Indonesia, South Korea, the Netherlands, Thailand, Spain, Brazil, Singapore, France and Belgium lagged somewhat behind, together accounting for a further 38%.

Indonesia, with a CAGR of +16.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global 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, surging by 31% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 import price increased by +84.4% against 2016 indices. As a result, import 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 importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Belgium ($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 (+5.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :