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

Contents:

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

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

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $9,191 per ton in August 2023, dropping by -8.5% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 13% m-o-m. Over the period under review, average import prices attained the maximum at $13,825 per ton in December 2022; however, from January 2023 to August 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Germany ($10,563 per ton) and the Netherlands ($10,515 per ton), while the price for France ($9,050 per ton) and Poland ($9,173 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for casein, caseinates and other casein derivatives; casein glueses amounted to $6,201 per ton, rising by 4.3% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for casein, caseinates and other casein derivatives; casein glueses increased by +57.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 62%. As a result, the export price reached the peak level of $7,593 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Albania ($13,132 per ton), while the average price for exports to Costa Rica ($1,149 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 Nigeria (+11.2%), 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 Italy

In 2022, overseas purchases of casein, caseinates and other casein derivatives; casein glueses decreased by -2.5% to 11K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. As a result, imports reached the peak of 13K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $79M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. France (3.8K tons)
2. Netherlands (2.2K tons)
3. Germany (2.1K tons)
4. Ireland (1.6K tons)
5. Poland (0.6K tons)
6. New Zealand (0.4K tons)

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

In 2022, shipments abroad of casein, caseinates and other casein derivatives; casein glueses decreased by -10.8% to 617 tons, falling for the second year in a row after two years of growth. In general, exports showed a perceptible decline. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year. As a result, the exports attained the peak of 836 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses reduced to $3.8M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of $4.1M, and then declined in the following year.

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

1. Germany (176.5 tons)
2. France (124.8 tons)
3. Spain (62.9 tons)
4. Austria (58.4 tons)
5. Albania (54.1 tons)
6. Costa Rica (23.7 tons)
7. India (16.6 tons)
8. Romania (14.2 tons)
9. Poland (12.0 tons)
10. Hungary (9.8 tons)
11. Switzerland (9.4 tons)
12. Portugal (9.3 tons)

Source: IndexBox Market Intelligence Platform