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

Contents:

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

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

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $12,201 per ton in March 2022, increasing by 8.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. The pace of growth appeared the most rapid in November 2021 an increase of 12% against the previous month. The import price peaked in March 2022.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the countries with the highest prices were France ($13,010 per ton) and the Netherlands ($12,486 per ton), while the price for India ($10,443 per ton) and New Zealand ($12,180 per ton) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for casein, caseinates and other casein derivatives; casein glueses amounted to $1,000 per ton, waning by -54.2% against the previous year. Overall, the export price, however, posted a noticeable expansion. The growth pace was the most rapid in 2015 an increase of 681%. As a result, the export price reached the peak level of $8,433 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

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 Timor-Leste amounted to +26.7% per year.

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

After three years of growth, overseas purchases of casein, caseinates and other casein derivatives; casein glueses decreased by -3.5% to 9.4K tons in 2022. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses surged to $123M in 2022. Overall, imports, however, posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand24.742.339.861.735.7%
Netherlands13.723.027.422.718.3%
Ireland3.42.410.013.759.1%
France1.24.73.98.390.5%
Poland0.91.33.96.795.3%
IndiaN/AN/A2.35.7147.8%
Germany1.11.34.73.749.8%
Denmark16.02.10.20.3-73.4%
Others0.30.1N/A0.2-12.6%
Total61.277.292.312326.2%

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

  1. New Zealand (4.9K tons)
  2. Netherlands (1.6K tons)
  3. Ireland (1.1K tons)
  4. France (0.6K tons)
  5. Poland (0.5K tons)
  6. India (0.5K tons)
  7. Germany (0.2K tons)

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

In 2022, the amount of casein, caseinates and other casein derivatives; casein glueses exported from Indonesia dropped rapidly to 1 kg, which is down by 99.9% compared with the previous year. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 986%.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses fell sharply to $1 in 2022. In general, exports showed a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 603% against the previous year.

Export of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.1N/AN/AN/A0%
Philippines1971.94.5N/A-84.9%
MalaysiaN/A4.644.6N/A869.6%
OthersN/A0.5N/AN/A0%
Total1977.049.1N/A-50.1%

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

  1. China (1.0 kg)

Source: IndexBox Market Intelligence Platform

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