Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Spain - 2023
Contents:
- Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Spain (CIF) - 2023
- Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Spain (FOB) - 2023
- Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Spain
- Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Spain
Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Spain (CIF) - 2023
The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $8,498 per ton in October 2023, falling by -4.1% against the previous month. Overall, the import price recorded a mild downturn. The pace of growth appeared the most rapid in November 2022 an increase of 39% month-to-month. The import price peaked at $14,446 per ton in February 2023; however, from March 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($14,138 per ton), while the price for Ireland ($7,703 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 France (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Spain (FOB) - 2023
The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $8,129 per ton in October 2023, surging by 6.1% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 23% against the previous month. Over the period under review, the average export prices reached the maximum at $11,639 per ton in December 2022; however, from January 2023 to October 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($12,059 per ton), while the average price for exports to the Netherlands ($2,355 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+9.0%), 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 Spain
In 2022, imports of casein, caseinates and other casein derivatives; casein glueses into Spain expanded remarkably to 13K tons, increasing by 13% compared with 2021 figures. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $141M in 2022. In general, imports posted significant growth. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 19.6 | 25.5 | 31.6 | 58.0 | 43.6% |
| France | 18.8 | 21.7 | 27.3 | 24.5 | 9.2% |
| Netherlands | 9.2 | 10.5 | 17.3 | 23.3 | 36.3% |
| Denmark | 5.1 | 8.7 | 11.2 | 16.6 | 48.2% |
| Germany | 4.6 | 8.2 | 5.2 | 8.5 | 22.7% |
| New Zealand | 6.5 | 3.3 | 5.2 | 5.6 | -4.8% |
| Bulgaria | N/A | N/A | N/A | 1.0 | 0% |
| Others | 3.8 | 2.4 | 4.2 | 3.7 | -0.9% |
| Total | 67.7 | 80.4 | 102 | 141 | 27.7% |
Top Suppliers of Casein, Caseinates and Other Casein Derivatives; Casein Glues to Spain in 2022:
- Ireland (5.6K tons)
- France (2.3K tons)
- Netherlands (1.8K tons)
- Denmark (1.1K tons)
- Germany (0.7K tons)
- Bulgaria (0.6K tons)
- New Zealand (0.4K tons)
Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Spain
In 2022, approx. 4.1K tons of casein, caseinates and other casein derivatives; casein glueses were exported from Spain; picking up by 16% against 2021. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 105% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $28M in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 113%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 7.4 | 7.8 | 16.4 | 18.1 | 34.7% |
| Morocco | N/A | 0.4 | 2.4 | 4.5 | 235.4% |
| France | 2.5 | 1.4 | 2.5 | 1.9 | -8.7% |
| Portugal | 0.3 | 0.5 | 0.6 | 1.0 | 49.4% |
| Greece | N/A | N/A | N/A | 0.9 | 0% |
| Italy | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Netherlands | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Ireland | N/A | N/A | 0.3 | N/A | 0% |
| Others | 0.9 | 0.8 | 0.9 | 1.5 | 18.6% |
| Total | 11.3 | 11.1 | 23.6 | 28.4 | 36.0% |
Top Export Markets for Casein, Caseinates and Other Casein Derivatives; Casein Glues from Spain in 2022:
- Saudi Arabia (2181.7 tons)
- France (562.7 tons)
- Morocco (522.1 tons)
- Portugal (279.3 tons)
- Italy (134.7 tons)
- Greece (111.0 tons)
- Netherlands (94.6 tons)
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