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

Contents:

  1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Greece (CIF) - 2023
  2. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Greece (FOB) - 2022
  3. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Greece
  4. Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Greece

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

In October 2023, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $7,968 per ton, with an increase of 31% against the previous month. In general, the import price, however, continues to indicate a pronounced descent. Over the period under review, average import prices hit record highs at $18,549 per ton in January 2023; however, from February 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($9,799 per ton), while the price for Bulgaria ($1,905 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 Germany (-3.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for casein, caseinates and other casein derivatives; casein glueses amounted to $12,570 per ton, rising by 23% against the previous year. Overall, the export price showed a resilient increase. The growth pace was the most rapid in 2018 an increase of 91%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($15,610 per ton), while the average price for exports to Albania ($4,328 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 Spain (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of casein, caseinates and other casein derivatives; casein glueses imported into Greece fell sharply to 1.5K tons, waning by -37.9% against the previous year. Over the period under review, imports continue to indicate a abrupt curtailment. The smallest decline of -8% was in 2020.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses declined remarkably to $19M in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 13%.

Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands12.410.312.39.1-9.8%
Germany2.94.83.33.67.5%
France1.62.93.82.516.0%
Romania0.80.70.72.137.9%
Ireland0.30.60.90.838.7%
Poland0.20.21.20.535.7%
Italy0.10.10.10.226.0%
New ZealandN/A0.9N/AN/A0%
Others0.20.40.50.644.2%
Total18.520.922.819.31.4%

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

  1. Netherlands (667.8 tons)
  2. Germany (269.5 tons)
  3. France (181.4 tons)
  4. Romania (140.7 tons)
  5. Ireland (66.0 tons)
  6. Italy (39.2 tons)
  7. Poland (35.0 tons)

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

In 2022, exports of casein, caseinates and other casein derivatives; casein glueses from Greece fell markedly to 279 tons, declining by -34% against 2021 figures. In general, exports showed a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 23%.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses reduced sharply to $3.5M in 2022. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year.

Export of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania9468621,0361,40414.1%
SpainN/AN/A1,066701-34.2%
Bulgaria6717771,384646-1.3%
Cyprus95.312530545167.9%
Albania30.167.246.521592.6%
SlovakiaN/AN/A40.869.971.3%
Germany2,1142.733.24.0-87.6%
Switzerland53282954.7N/A-67.9%
Iran475193293N/A-21.5%
Others75.122.148.219.5-36.2%
Total4,9392,8784,3083,510-10.8%

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

  1. Romania (97.3 tons)
  2. Spain (54.0 tons)
  3. Albania (49.6 tons)
  4. Bulgaria (41.4 tons)
  5. Cyprus (30.8 tons)
  6. Slovakia (4.5 tons)
  7. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

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