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

Contents:

  1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Kuwait (CIF) - 2022
  2. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Kuwait

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

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $1,400 per ton in 2022, which is down by -49.9% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 78%. As a result, import price reached the peak level of $4,462 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.

From 2013 to 2022, the rate of growth in terms of prices for China amounted to -7.9% per year.

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

Imports of casein, caseinates and other casein derivatives; casein glueses into Kuwait skyrocketed to 18 tons in 2022, picking up by 143% compared with the year before. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 194%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $25K in 2022. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 143% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia3.41.11.623.189.4%
United Arab Emirates5.52.76.6N/A9.5%
Egypt0.30.41.6N/A130.9%
SingaporeN/AN/A0.9N/A0%
Others9.84.39.92.1-40.2%
Total19.18.520.625.29.7%

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

  1. Saudi Arabia (17.8 tons)

Source: IndexBox Market Intelligence Platform

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