Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Uruguay - 2022

Contents:

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

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

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $12,248 per ton in 2022, picking up by 14% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 +94.6% against 2017 indices. The growth pace was the most rapid in 2021 when the average import price increased by 24%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($55,082 per ton), while the price for France ($9,560 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+11.8%), 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 Uruguay (FOB) - 2022

In 2022, the average export price for casein, caseinates and other casein derivatives; casein glueses amounted to $10,779 per ton, jumping by 59% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +106.1% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +8.7% per year.

Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Uruguay

In 2022, purchases abroad of casein, caseinates and other casein derivatives; casein glueses decreased by -15.9% to 253 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. As a result, imports attained the peak of 301 tons, and then dropped notably in the following year.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses dropped to $3.1M in 2022. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 51%. As a result, imports attained the peak of $3.2M, and then dropped slightly in the following year.

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

1. Netherlands (109.4 tons)
2. France (74.9 tons)
3. Argentina (28.6 tons)
4. Poland (25.5 tons)
5. Germany (14.0 tons)

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

Exports of casein, caseinates and other casein derivatives; casein glueses from Uruguay shrank significantly to 10 tons in 2022, waning by -48.9% against the previous year's figure. Over the period under review, exports faced a sharp descent. The smallest decline of -10.4% was in 2020.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses reduced notably to $112K in 2022. In general, exports saw a deep downturn. The smallest decline of -7% was in 2020.

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

1. Argentina (10.4 tons)

Source: IndexBox Market Intelligence Platform