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

Contents:

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

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Japan (CIF) - 2023

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $12,103 per ton in November 2023, with a decrease of -11.1% against the previous month. Overall, the import price continues to indicate a noticeable descent. The pace of growth was the most pronounced in March 2023 an increase of 6.8% against the previous month. Over the period under review, average import prices hit record highs at $17,454 per ton in January 2023; however, from February 2023 to November 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from the Netherlands ($12,976 per ton) and New Zealand ($12,372 per ton), while the price for France ($10,223 per ton) and Ireland ($10,591 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $14,065 per ton in 2022, approximately equating the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for casein, caseinates and other casein derivatives; casein glueses increased by +29.5% against 2019 indices. The growth pace was the most rapid in 2015 an increase of 57% against the previous year. As a result, the export price reached the peak level of $18,705 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($40,826 per ton), while the average price for exports to Thailand ($10,464 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 the United Arab Emirates (+86.6%), 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 Japan

In 2022, the amount of casein, caseinates and other casein derivatives; casein glueses imported into Japan expanded markedly to 14K tons, picking up by 5.6% against 2021 figures. Overall, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses surged to $190M in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. New Zealand (8.9K tons)
2. Denmark (1.3K tons)
3. Netherlands (1.2K tons)
4. Germany (1.0K tons)
5. France (0.8K tons)
6. Ireland (0.5K tons)

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

After two years of decline, overseas shipments of casein, caseinates and other casein derivatives; casein glueses increased by 52% to 8.2 tons in 2022. In general, exports, however, faced a dramatic curtailment.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses soared to $115K in 2022. Over the period under review, exports, however, showed a dramatic downturn.

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

1. Thailand (5.4 tons)
2. South Korea (1.8 tons)
3. China (0.6 tons)
4. Saudi Arabia (0.2 tons)
5. India (0.2 tons)

Source: IndexBox Market Intelligence Platform