Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Hong Kong SAR - 2023

Contents:

1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Hong Kong SAR (CIF) - 2022
2. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Hong Kong SAR (FOB) - 2022
3. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Hong Kong SAR
4. Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Hong Kong SAR

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $16,278 per ton, growing by 64% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 67%. The import price peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +5.2% per year.

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for casein, caseinates and other casein derivatives; casein glueses amounted to $16,689 per ton, jumping by 59% against the previous year. Overall, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 87%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +11.2% per year.

Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Hong Kong SAR

For the third year in a row, Hong Kong SAR recorded decline in overseas purchases of casein, caseinates and other casein derivatives; casein glueses, which decreased by -86.6% to 2.7 tons in 2022. Over the period under review, imports recorded a precipitous decrease. The smallest decline of -10.5% was in 2021.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses shrank dramatically to $44K in 2022. Overall, imports faced a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 49%. As a result, imports reached the peak of $200K, and then declined sharply in the following year.

Top Suppliers of Casein, Caseinates and Other Casein Derivatives; Casein Glues to Hong Kong SAR in 2022:

1. Germany (2.7 tons)

Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Hong Kong SAR

Exports of casein, caseinates and other casein derivatives; casein glueses from Hong Kong SAR fell sharply to 1.8 tons in 2022, which is down by -75% compared with 2021. Over the period under review, exports showed a precipitous slump. The smallest decline of -53.4% was in 2020.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses fell sharply to $30K in 2022. Overall, exports saw a dramatic downturn. The smallest decline of -44.2% was in 2021.

Top Export Markets for Casein, Caseinates and Other Casein Derivatives; Casein Glues from Hong Kong SAR in 2022:

1. China (1.8 tons)

Source: IndexBox Market Intelligence Platform