Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Germany - 2023

Contents:

  1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Germany (FOB) - 2023
  2. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Germany (CIF) - 2023
  3. Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Germany
  4. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Germany

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Germany (FOB) - 2023

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $9,346 per ton in October 2023, with a decrease of -9.8% against the previous month. Over the period under review, the export price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 7.4% m-o-m. As a result, the export price reached the peak level of $15,549 per ton. From January 2023 to October 2023, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In October 2023, the countries with the highest prices were Vietnam ($12,316 per ton) and Thailand ($11,960 per ton), while the average price for exports to Malaysia ($8,343 per ton) and Switzerland ($8,579 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.9%), while the prices for the other major destinations experienced a decline.

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Germany (CIF) - 2023

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $8,587 per ton in October 2023, which is down by -11.3% against the previous month. In general, the import price recorded a perceptible decline. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 15% month-to-month. The import price peaked at $13,522 per ton in December 2022; however, from January 2023 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was New Zealand ($9,211 per ton), while the price for Belarus ($5,834 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Latvia (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Exports of casein, caseinates and other casein derivatives; casein glueses from Germany declined to 21K tons in 2022, which is down by -12.8% against the previous year's figure. Overall, exports saw a noticeable decline. The growth pace was the most rapid in 2021 when exports increased by 11%.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses surged to $279M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands23.022.834.640.921.2%
China2.66.622.131.5129.7%
Mexico17.319.120.228.718.4%
South Korea10.110.115.318.021.2%
Japan5.86.38.214.836.7%
United States13.88.711.310.4-9.0%
Italy6.08.89.79.516.6%
Poland7.07.55.09.29.5%
Spain8.37.97.09.02.7%
France7.14.86.08.14.5%
Belgium4.14.15.07.522.3%
Switzerland2.23.93.45.334.1%
Austria3.03.03.04.312.7%
Others49.258.073.681.718.4%
Total15917222527920.6%

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

  1. Netherlands (3.1K tons)
  2. China (2.1K tons)
  3. Mexico (1.9K tons)
  4. South Korea (1.2K tons)
  5. Japan (1.0K tons)
  6. Italy (0.8K tons)
  7. Poland (0.7K tons)
  8. France (0.7K tons)
  9. United States (0.7K tons)
  10. Belgium (0.6K tons)
  11. Spain (0.6K tons)
  12. Switzerland (0.5K tons)
  13. Austria (0.5K tons)

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

Imports of casein, caseinates and other casein derivatives; casein glueses into Germany contracted to 23K tons in 2022, which is down by -13.7% compared with the year before. Over the period under review, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 7.1% against the previous year.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses surged to $267M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands68.089.887.910615.9%
Ireland22.526.138.935.316.2%
New Zealand43.119.125.427.8-13.6%
Denmark17.416.320.125.313.3%
Austria2.56.49.924.4113.7%
France10.214.322.124.333.6%
Ukraine8.79.09.110.87.5%
Latvia3.63.75.64.46.9%
Others7.13.28.59.18.6%
Total18318822726713.4%

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

  1. Netherlands (8.1K tons)
  2. Ireland (3.2K tons)
  3. New Zealand (2.5K tons)
  4. France (2.2K tons)
  5. Austria (2.1K tons)
  6. Denmark (1.8K tons)
  7. Latvia (1.6K tons)
  8. Ukraine (1.0K tons)

Source: IndexBox Market Intelligence Platform

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