Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Singapore - 2022
Contents:
- Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Singapore (CIF) - 2022
- Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Singapore (FOB) - 2022
- Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Singapore
- Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Singapore
Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Singapore (CIF) - 2022
The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $15,523 per ton in September 2022, which is down by -8.5% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 when the average import price increased by 8.4% m-o-m. Over the period under review, average import prices reached the maximum at $18,451 per ton in April 2022; however, from May 2022 to September 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2022, the country with the highest price was New Zealand ($17,657 per ton), while the price for the Netherlands stood at $13,340 per ton.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.3%).
Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Singapore (FOB) - 2022
In 2022, the average export price for casein, caseinates and other casein derivatives; casein glueses amounted to $9,177 per ton, picking up by 47% against the previous year. Over the period under review, the export price enjoyed buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($17,574 per ton), while the average price for exports to China ($3,711 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 Indonesia (+3.0%), 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 Singapore
Imports of casein, caseinates and other casein derivatives; casein glueses into Singapore soared to 3K tons in 2022, with an increase of 59% compared with the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.2% against 2020 indices. 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 skyrocketed to $36M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 6.7 | 5.3 | 7.3 | 24.9 | 54.9% |
| Netherlands | 3.3 | 7.0 | 6.8 | 7.1 | 29.1% |
| Germany | 1.0 | 2.1 | 1.9 | 2.2 | 30.1% |
| Denmark | 0.3 | 0.1 | 0.5 | 0.9 | 44.2% |
| Others | 0.6 | 0.8 | 0.9 | 1.0 | 18.6% |
| Total | 11.9 | 15.3 | 17.3 | 36.1 | 44.8% |
Top Suppliers of Casein, Caseinates and Other Casein Derivatives; Casein Glues to Singapore in 2022:
- New Zealand (1930.4 tons)
- Netherlands (765.2 tons)
- Germany (134.8 tons)
- Denmark (72.6 tons)
Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Singapore
In 2022, the amount of casein, caseinates and other casein derivatives; casein glueses exported from Singapore declined notably to 244 tons, shrinking by -47.4% against the previous year's figure. Over the period under review, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 119% against the previous year. As a result, the exports attained the peak of 464 tons, and then dropped significantly in the following year.
In value terms, exports of casein, caseinates and other casein derivatives; casein glueses shrank significantly to $2.2M in 2022. In general, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. As a result, the exports reached the peak of $2.9M, and then declined markedly in the following year.
| Export of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 609 | 779 | 904 | 1,168 | 24.2% |
| United States | 3.3 | 1.1 | N/A | 414 | 400.6% |
| China | 271 | 202 | 381 | 223 | -6.3% |
| Malaysia | 90.4 | 98.9 | 222 | 120 | 9.9% |
| India | 640 | 192 | 1,185 | 94.9 | -47.1% |
| Thailand | 46.0 | 27.9 | 25.1 | 53.9 | 5.4% |
| Japan | 120 | 104 | 69.5 | 45.9 | -27.4% |
| Hong Kong SAR | 2.8 | 2.9 | 32.0 | 36.1 | 134.5% |
| Vietnam | 189 | 82.8 | 49.8 | 28.4 | -46.8% |
| South Korea | 107 | 18.0 | 5.4 | 3.6 | -67.7% |
| Others | 38.2 | 39.3 | 23.4 | 50.5 | 9.8% |
| Total | 2,117 | 1,549 | 2,897 | 2,238 | 1.9% |
Top Export Markets for Casein, Caseinates and Other Casein Derivatives; Casein Glues from Singapore in 2022:
- Indonesia (66.5 tons)
- China (60.1 tons)
- United States (48.9 tons)
- Malaysia (21.9 tons)
- India (10.9 tons)
- Hong Kong SAR (9.4 tons)
- Thailand (8.7 tons)
- Vietnam (6.3 tons)
- Japan (4.8 tons)
- South Korea (0.8 tons)
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