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

Contents:

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

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

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $8,879 per ton in 2022, increasing by 47% against the previous year. Overall, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 69%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($19,610 per ton), while the price for Hungary ($3,088 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.7%), 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 Serbia (FOB) - 2022

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $2,454 per ton in 2022, waning by -11.4% against the previous year. In general, the export price continues to indicate a slight slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 15%. Over the period under review, the average export prices reached the peak figure at $3,372 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($3,319 per ton), while the average price for exports to Bosnia and Herzegovina ($2,371 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 Croatia (+2.9%), 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 Serbia

In 2022, imports of casein, caseinates and other casein derivatives; casein glueses into Serbia shrank sharply to 187 tons, waning by -44.9% compared with 2021. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of 339 tons, and then fell rapidly in the following year.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses dropped rapidly to $1.7M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.5% 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 +20.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of $2.1M, and then contracted notably in the following year.

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

1. Hungary (92.6 tons)
2. Poland (51.0 tons)
3. France (27.1 tons)
4. Germany (7.4 tons)
5. Slovenia (3.1 tons)
6. Netherlands (2.6 tons)

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

Exports of casein, caseinates and other casein derivatives; casein glueses from Serbia skyrocketed to 49 tons in 2022, picking up by 105% on the year before. Over the period under review, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $119K in 2022. In general, exports recorded significant growth. 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 Serbia in 2022:

1. Bosnia and Herzegovina (44.4 tons)
2. Albania (4.1 tons)
3. Montenegro (0.1 tons)

Source: IndexBox Market Intelligence Platform