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

Contents:

  1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Bangladesh (CIF) - 2022
  2. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Bangladesh

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

In 2022, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $3,705 per ton, approximately reflecting the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 -46.7% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 70% against the previous year. The import price peaked at $6,947 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($7,582 per ton), while the price for Turkey ($768 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of casein, caseinates and other casein derivatives; casein glueses into Bangladesh plummeted to 21 tons, with a decrease of -20.3% against 2021 figures. Over the period under review, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 106%. As a result, imports attained the peak of 27 tons, and then shrank markedly in the following year.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses shrank remarkably to $79K in 2022. In general, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 63%.

Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China91.953.085.971.7-7.9%
Italy4.62.33.33.0-13.3%
India3.41.95.11.0-33.5%
Turkey0.60.20.50.3-20.6%
Others3.52.63.23.0-5.0%
Total10460.098.079.0-8.8%

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

  1. China (19.6 tons)
  2. Turkey (0.4 tons)
  3. Italy (0.4 tons)
  4. India (0.3 tons)

Source: IndexBox Market Intelligence Platform

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