Overview of the Global Market for Casein Glues And Caseinates And Other Casein Derivatives

Market Size for Casein Glues And Caseinates And Other Casein Derivatives

After five years of growth, the global casein glue and caseinates market decreased by X% to $X in 2023. The market 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. Global consumption peaked at $X in 2022, and then dropped in the following year.

Production of Casein Glues And Caseinates And Other Casein Derivatives

In value terms, casein glue and caseinates production amounted 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 in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Global production peaked in 2023 and is expected to retain growth in the immediate term.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports

In 2023, overseas shipments of casein glues and caseinates and other casein derivatives decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. The global exports peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, casein glue and caseinates exports reduced to $X in 2023. In general, exports, however, continue to indicate modest growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the global exports attained the maximum at $X in 2022, and then shrank modestly in the following year.

Exports by Country

In 2023, New Zealand (X tons) was the main exporter of casein glues and caseinates and other casein derivatives, generating X% of total exports. It was distantly followed by Germany (X tons), France (X tons), Poland (X tons) and Ireland (X tons), together making up a X% share of total exports. Latvia (X tons) and the United States (X tons) followed a long way behind the leaders.

New Zealand experienced a relatively flat trend pattern with regard to volume of exports of casein glues and caseinates and other casein derivatives. At the same time, Ireland (X%) and Poland (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. France and Latvia experienced a relatively flat trend pattern. By contrast, the United States (X%) and Germany (X%) illustrated a downward trend over the same period. New Zealand (X p.p.), Ireland (X p.p.), Poland (X p.p.) and France (X p.p.) significantly strengthened its position in terms of the global exports, while Germany saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest casein glue and caseinates supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Poland ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In New Zealand, casein glue and caseinates exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Germany (X% per year).

Export Prices by Country

In 2023, the average casein glue and caseinates export price amounted to $X per ton, which is down by X% against the previous year. Overall, the export price, however, enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2022 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then fell modestly in the following year.

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

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

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports

In 2023, global casein glue and caseinates imports dropped slightly to X tons, which is down by X% against the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of global imports remained at a somewhat lower figure.

In value terms, casein glue and caseinates imports contracted slightly to $X in 2023. In general, total imports indicated a temperate 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 2016 indices. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, imports attained the peak of $X, and then reduced slightly in the following year.

Imports by Country

The United States (X tons) and China (X tons) represented roughly X% of total imports in 2023. Germany (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%) and Indonesia (X%). The Netherlands (X tons), Thailand (X tons), South Korea (X tons), Spain (X tons), Belgium (X tons), France (X tons), Poland (X tons) and Singapore (X tons) took a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Indonesia (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest casein glue and caseinates importing markets worldwide were the United States ($X), China ($X) and Japan ($X), together comprising X% of global imports. Germany, Indonesia, the Netherlands, Thailand, South Korea, Spain, Singapore, France, Poland and Belgium lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 glue and caseinates import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated perceptible 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 glue and caseinates import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2022 when the average import price increased by X% against the previous year. Global import price peaked in 2023 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Japan ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform