Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Belarus - 2022

Contents:

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

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

In March 2022, the average export price for casein, caseinates and other casein derivatives; casein glueses amounted to $9,675 per ton, approximately equating the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in June 2021 when the average export price increased by 7.8% m-o-m. The export price peaked at $9,700 per ton in February 2022, and then dropped modestly in the following month.

Average prices varied noticeably for the major external markets. In March 2022, the country with the highest price was Poland ($9,685 per ton), while the average price for exports to Latvia totaled $9,665 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $10,106 per ton in 2022, growing by 78% against the previous year. Overall, the import price recorded a temperate expansion. 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($13,231 per ton), while the price for Germany stood at $6,665 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Belarus

In 2022, shipments abroad of casein, caseinates and other casein derivatives; casein glueses decreased by -4.5% to 1.6K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year. As a result, the exports reached the peak of 1.7K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $19M in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 46%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. Poland (540.3 tons)
2. Lithuania (327.5 tons)
3. Netherlands (290.4 tons)
4. United States (191.0 tons)
5. Germany (114.6 tons)
6. Russia (91.0 tons)

Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Belarus

Imports of casein, caseinates and other casein derivatives; casein glueses into Belarus dropped rapidly to 6.6 tons in 2022, waning by -71.5% compared with the previous year. Over the period under review, imports faced a precipitous curtailment. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses declined sharply to $66K in 2022. In general, imports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2021 when imports increased by 43% against the previous year.

Top Suppliers of Casein, Caseinates and Other Casein Derivatives; Casein Glues to Belarus in 2022:

1. Russia (3.4 tons)
2. Germany (3.1 tons)

Source: IndexBox Market Intelligence Platform