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

Contents:

1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in New Zealand (FOB) - 2023
2. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in New Zealand (CIF) - 2022
3. Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in New Zealand
4. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in New Zealand

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in New Zealand (FOB) - 2023

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $9,713 per ton in December 2023, picking up by 2% against the previous month. Over the period under review, the export price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 2.4% month-to-month. Over the period under review, the average export prices reached the maximum at $14,050 per ton in May 2023; however, from June 2023 to December 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($13,303 per ton), while the average price for exports to Germany ($6,482 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (-2.0%), while the prices for the other major destinations experienced a decline.

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

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $23,362 per ton in 2022, rising by 9.5% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.3% 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 decreased by -2.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 78% against the previous year. As a result, import price attained the peak level of $23,944 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($94,037 per ton), while the price for the Netherlands ($8,286 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+31.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in New Zealand

In 2022, exports of casein, caseinates and other casein derivatives; casein glueses from New Zealand dropped slightly to 93K tons, reducing by -4% on the year before. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. As a result, the exports attained the peak of 97K tons, and then declined modestly in the following year.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $1.2B in 2022. Overall, exports, however, continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (25.8K tons)
2. China (22.1K tons)
3. Japan (8.8K tons)
4. Mexico (6.4K tons)
5. Indonesia (4.9K tons)
6. South Korea (3.1K tons)
7. Germany (2.9K tons)
8. Poland (2.8K tons)
9. Thailand (2.4K tons)
10. Netherlands (2.1K tons)
11. Singapore (1.8K tons)
12. Australia (1.7K tons)
13. Malaysia (1.5K tons)

Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in New Zealand

In 2022, the amount of casein, caseinates and other casein derivatives; casein glueses imported into New Zealand expanded remarkably to 11 tons, growing by 10% on 2021 figures. Overall, imports, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 51%.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses surged to $266K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. China (5.0 tons)
2. France (4.2 tons)
3. Denmark (1.2 tons)
4. United Kingdom (0.4 tons)
5. Australia (0.4 tons)
6. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform