Egypt: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in Egypt

The Egyptian casein and caseinates market reduced modestly to $X in 2022, dropping by -2.7% against the previous year. Overall, consumption saw a noticeable contraction. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Casein And Caseinates Production in Egypt

In value terms, casein and caseinates production expanded remarkably to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2016 with an increase of 59%. Casein and caseinates production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Casein And Caseinates Exports

Exports from Egypt

In 2022, after five years of decline, there was significant growth in overseas shipments of casein and caseinates, when their volume increased by 46% to X tons. Overall, exports, however, faced a deep contraction. The growth pace was the most rapid in 2015 when exports increased by 123%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, casein and caseinates exports stood at $X in 2022. In general, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 181%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for casein and caseinates exports from Egypt, with a 100% share of total exports. It was followed by Sudan (X kg), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at -2.9%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for casein and caseinates exports from Egypt, comprising 99% of total exports. The second position in the ranking was held by Sudan ($X), with a 0.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia amounted to -2.1%.

Export Prices by Country

The average casein and caseinates export price stood at $X per ton in 2022, waning by -26.4% against the previous year. Overall, the export price, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 an increase of 67% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Saudi Arabia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+49.0%), while the prices for the other major destinations experienced more modest paces of growth.

Casein And Caseinates Imports

Imports into Egypt

In 2022, supplies from abroad of casein and caseinates decreased by -41.8% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2014 with an increase of 99%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, casein and caseinates imports declined sharply to $X in 2022. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2014 when imports increased by 89% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, France (X tons) constituted the largest casein and caseinates supplier to Egypt, with a 70% share of total imports. Moreover, casein and caseinates imports from France exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), sixfold. Ireland (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (-13.3% per year) and Ireland (-12.4% per year).

In value terms, France ($X) constituted the largest supplier of casein and caseinates to Egypt, comprising 70% of total imports. The second position in the ranking was held by New Zealand ($X), with a 12% share of total imports. It was followed by Ireland, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (-11.6% per year) and Ireland (-10.2% per year).

Import Prices by Country

The average casein and caseinates import price stood at $X per ton in 2022, rising by 28% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($X per ton) and Ireland ($X per ton), while the price for France ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+36.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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