Philippines - Casein And Caseinates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCasein and Caseinates Price in the Philippines - 2023
Contents:
- Casein and Caseinates Price in the Philippines (CIF) - 2023
- Casein and Caseinates Price in the Philippines (FOB) - 2022
- Casein and Caseinates Imports in the Philippines
- Casein and Caseinates Exports in the Philippines
Casein and Caseinates Price in the Philippines (CIF) - 2023
The average casein and caseinates import price stood at $10,514 per ton in July 2023, surging by 30% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 30% against the previous month. As a result, import price reached the peak level of $11,840 per ton. From April 2023 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($12,380 per ton), while the price for the Netherlands ($1,549 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Casein and Caseinates Price in the Philippines (FOB) - 2022
The average casein and caseinates export price stood at $30,040 per ton in 2022, leveling off at the previous year. Overall, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +12.3% per year.
Casein and Caseinates Imports in the Philippines
In 2022, the amount of casein and caseinates imported into the Philippines reduced to 3K tons, shrinking by -11.9% compared with the previous year. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of 3.4K tons, and then fell in the following year.
In value terms, casein and caseinates imports expanded markedly to $33M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 +70.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Casein and Caseinates in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 9.3 | 9.1 | 12.3 | 13.7 | 13.8% |
India | 0.2 | 0.1 | 5.0 | 12.2 | 293.6% |
Ireland | 2.5 | 4.2 | 4.0 | 4.7 | 23.4% |
France | N/A | 0.1 | 0.3 | 1.7 | 312.3% |
Netherlands | 0.4 | 1.1 | 1.2 | 0.4 | 0.0% |
Others | 6.9 | 8.1 | 5.9 | 0.2 | -69.3% |
Total | 19.3 | 22.7 | 28.7 | 32.9 | 19.5% |
Top Suppliers of Casein and Caseinates to the Philippines in 2022:
- New Zealand (1224.1 tons)
- India (1113.0 tons)
- Ireland (500.0 tons)
- France (120.4 tons)
- Netherlands (47.8 tons)
Casein and Caseinates Exports in the Philippines
In 2022, approx. 300 kg of casein and caseinates were exported from the Philippines; flattening at 2021 figures. Over the period under review, exports showed a mild setback. The smallest decline of 99.9% was in 2021.
In value terms, casein and caseinates exports totaled $9K in 2022. In general, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Casein and Caseinates in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Malaysia | N/A | N/A | 9.0 | 0% | |
Sri Lanka | 2.6 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 2.6 | N/A | 9.0 | 86.1% |
Top Export Markets for Casein and Caseinates from the Philippines in 2022:
- Malaysia (300.0 kg)
This report provides an in-depth analysis of the casein and caseinates market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10515300 - Casein and caseinates
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, casein, caseinates and other casein derivatives imports amounted to $X in 2016. In general, casein, caseinates and other casein derivatives imports continue to indicate a moderate dec...
In value terms, casein, caseinates and other casein derivatives exports totaled $X in 2016. Overall, casein, caseinates and other casein derivatives exports continue to indicate a moderate curtailm...
In value terms, casein, caseinates and other casein derivatives imports amounted to $X in 2016. In general, casein, caseinates and other casein derivatives imports continue to indicate a moderate dec...
In value terms, casein, caseinates and other casein derivatives exports totaled $X in 2016. Overall, casein, caseinates and other casein derivatives exports continue to indicate a moderate curtailm...