Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in South Africa - 2023
Contents:
- Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in South Africa (CIF) - 2023
- Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in South Africa (FOB) - 2022
- Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in South Africa
- Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in South Africa
Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in South Africa (CIF) - 2023
The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $7,722 per ton in December 2023, declining by -19.4% against the previous month. Overall, the import price saw a perceptible contraction. The pace of growth was the most pronounced in January 2023 when the average import price increased by 27% m-o-m. Over the period under review, average import prices attained the maximum at $15,670 per ton in May 2023; however, from June 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($10,436 per ton), while the price for New Zealand ($6,511 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Ireland (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in South Africa (FOB) - 2022
The average export price for casein, caseinates and other casein derivatives; casein glueses stood at $3,399 per ton in 2022, growing by 26% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 52% against the previous year. The export price peaked at $4,702 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
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 Namibia ($4,687 per ton), while the average price for exports to Lesotho ($1,292 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 Namibia (+4.0%), 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 South Africa
In 2022, approx. 3.9K tons of casein, caseinates and other casein derivatives; casein glueses were imported into South Africa; picking up by 12% compared with the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +47.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 30%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $41M in 2022. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 4.6 | 5.5 | 5.4 | 12.9 | 41.0% |
| Ireland | 4.2 | 3.9 | 9.3 | 8.3 | 25.5% |
| France | 4.6 | 4.2 | 7.9 | 7.6 | 18.2% |
| Netherlands | 1.9 | 3.3 | 2.6 | 6.1 | 47.5% |
| Denmark | N/A | 2.3 | 3.7 | 4.6 | 41.4% |
| Germany | 1.3 | 0.6 | 0.7 | 0.7 | -18.6% |
| China | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.4 | 0.7 | 1.3 | 0.4 | 0.0% |
| Total | 17.0 | 20.5 | 30.8 | 40.7 | 33.8% |
Top Suppliers of Casein, Caseinates and Other Casein Derivatives; Casein Glues to South Africa in 2022:
- New Zealand (1069.2 tons)
- Ireland (859.6 tons)
- France (738.3 tons)
- Netherlands (474.4 tons)
- Denmark (433.2 tons)
- China (149.3 tons)
- Germany (122.9 tons)
Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in South Africa
In 2022, approx. 324 tons of casein, caseinates and other casein derivatives; casein glueses were exported from South Africa; reducing by -30.5% on 2021 figures. Overall, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year.
In value terms, exports of casein, caseinates and other casein derivatives; casein glueses dropped to $1.1M in 2022. Over the period under review, exports recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 when exports increased by 33% against the previous year.
| Export of Casein, Caseinates and Other Casein Derivatives; Casein Glues in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 593 | 482 | 760 | 416 | -11.1% |
| Angola | 65.9 | 27.7 | 61.4 | 198 | 44.3% |
| Mozambique | 68.4 | 11.8 | 51.0 | 99.2 | 13.2% |
| Namibia | 15.7 | 7.5 | 2.0 | 95.8 | 82.7% |
| Swaziland | 89.7 | 111 | 102 | 94.6 | 1.8% |
| Lesotho | 104 | 64.7 | 50.6 | 67.1 | -13.6% |
| Zambia | 194 | 122 | 92.8 | 36.6 | -42.6% |
| Others | 148 | 119 | 136 | 95.7 | -13.5% |
| Total | 1,278 | 945 | 1,256 | 1,103 | -4.8% |
Top Export Markets for Casein, Caseinates and Other Casein Derivatives; Casein Glues from South Africa in 2022:
- Zimbabwe (104.2 tons)
- Angola (60.6 tons)
- Lesotho (51.9 tons)
- Swaziland (32.9 tons)
- Mozambique (26.1 tons)
- Namibia (20.4 tons)
- Zambia (14.9 tons)
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