Global Casein And Caseinates Market 2024

Casein And Caseinates Market Size

In 2023, the global casein and caseinates market increased by X% to $X, rising for the fifth consecutive year after four years of decline. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2018 indices. Over the period under review, the global market reached the maximum level in 2023 and is expected to retain growth in years to come.

Casein And Caseinates Production

In value terms, casein and caseinates production expanded markedly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the production volume increased by X%. Global production peaked in 2023 and is likely to continue growth in years to come.

Casein And Caseinates Exports

Exports

Global casein and caseinates exports reduced to X tons in 2023, shrinking by X% on 2022. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the global exports failed to regain momentum.

In value terms, casein and caseinates exports shrank significantly to $X in 2023. In general, total exports indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs at $X in 2022, and then fell notably in the following year.

Exports by Country

New Zealand (X tons) and Ireland (X tons) represented roughly X% of total exports in 2023. It was distantly followed by France (X tons) and the Netherlands (X tons), together creating a X% share of total exports. Germany (X tons), Ukraine (X tons), Austria (X tons), Argentina (X tons) and India (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Austria (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Ireland ($X) and France ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of global exports. The Netherlands, Germany, Argentina, Ukraine, India and Austria lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average casein and caseinates export price amounted to $X per ton, reducing by X% against the previous year. In general, export price indicated slight growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, casein and caseinates export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Austria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other global leaders experienced more modest paces of growth.

Casein And Caseinates Imports

Imports

In 2023, supplies from abroad of casein and caseinates decreased by X% to X tons for the first time since 2018, thus ending a four-year rising trend. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, global imports attained the maximum at X tons in 2022, and then contracted in the following year.

In value terms, casein and caseinates imports declined notably to $X in 2023. Overall, total imports indicated a slight expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then contracted sharply in the following year.

Imports by Country

In 2023, the United States (X tons) was the largest importer of casein and caseinates, generating X% of total imports. China (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Mexico (X%), Poland (X%), the Netherlands (X%) and Germany (X%). Spain (X tons), Italy (X tons), Japan (X tons), South Korea (X tons), the UK (X tons), Morocco (X tons) and Russia (X tons) took a little share of total imports.

From 2012 to 2023, average annual rates of growth with regard to casein and caseinates imports into the United States stood at X%. At the same time, China (X%), Morocco (X%), Russia (X%), the Netherlands (X%), South Korea (X%) and Japan (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Poland and Mexico experienced a relatively flat trend pattern. By contrast, Spain (X%), the UK (X%), Italy (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China and the Netherlands increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest casein and caseinates importing markets worldwide were the United States ($X), China ($X) and Mexico ($X), with a combined X% share of global imports.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average casein and caseinates import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, casein and caseinates import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2022, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform