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

Contents:

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

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

In 2022, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $12,986 per ton, picking up by 45% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for casein, caseinates and other casein derivatives; casein glueses increased by +113.9% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($15,074 per ton) and Germany ($14,842 per ton), while the price for India ($10,152 per ton) and China ($10,926 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $7,830 per ton in 2022, jumping by 32% against the previous year. In general, the export price posted resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 82% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($17,554 per ton), while the average price for exports to Iran ($2,563 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 Australia (+28.0%), 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 Malaysia

In 2022, imports of casein, caseinates and other casein derivatives; casein glueses into Malaysia dropped sharply to 4.5K tons, waning by -15.4% on the previous year. Over the period under review, imports showed a mild shrinkage. The growth pace was the most rapid in 2021 with an increase of 19%. As a result, imports attained the peak of 5.3K tons, and then dropped rapidly in the following year.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $59M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. New Zealand (1285.4 tons)
2. Ireland (878.8 tons)
3. Netherlands (732.3 tons)
4. Denmark (457.9 tons)
5. Poland (354.0 tons)
6. Germany (246.5 tons)
7. India (187.0 tons)
8. France (175.0 tons)
9. China (135.5 tons)

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

In 2022, approx. 21 tons of casein, caseinates and other casein derivatives; casein glueses were exported from Malaysia; falling by -46.7% against the previous year. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses fell sharply to $163K in 2022. Over the period under review, exports continue to indicate a sharp curtailment. The smallest decline of -12.9% was in 2021.

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

1. Indonesia (5.3 tons)
2. Sri Lanka (4.2 tons)
3. Iran (2.8 tons)
4. Australia (1.8 tons)
5. Singapore (1.7 tons)
6. Vietnam (1.6 tons)
7. Hong Kong SAR (1.4 tons)
8. Pakistan (0.5 tons)

Source: IndexBox Market Intelligence Platform