Report Update Nov 1, 2024

Ghana - Casein and Caseinates - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in Ghana

The Ghanian casein and caseinates market stood at $X in 2022, growing by 2.2% against the previous year. In general, consumption recorded a pronounced curtailment. Casein and caseinates consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Casein And Caseinates Production in Ghana

In value terms, casein and caseinates production rose slightly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable reduction. The pace of growth appeared the most rapid in 2017 when the production volume increased by 18%. Casein and caseinates production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Casein And Caseinates Exports

Exports from Ghana

In 2018, the amount of casein and caseinates exported from Ghana stood at X tons, therefore, remained relatively stable against 2017. Over the period under review, exports showed a abrupt downturn. The smallest decline of 99.9% was in 2015. The exports peaked at X tons in 2014; however, from 2015 to 2018, the exports remained at a lower figure.

In value terms, casein and caseinates exports totaled $X in 2018. In general, exports posted a temperate increase. The smallest decline of 99.9% was in 2015. Over the period under review, the exports attained the maximum in 2018 and are expected to retain growth in the immediate term.

Exports by Country

Nigeria (X tons) was the main destination for casein and caseinates exports from Ghana, accounting for a approx. 100% share of total exports.

From 2014 to 2018, the average annual rate of growth in terms of volume to Nigeria was relatively modest.

From 2014 to 2018, the average annual growth rate of value to Nigeria was relatively modest.

Export Prices by Country

In 2018, the average casein and caseinates export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the maximum in 2018 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2014 to 2018, the rate of growth in terms of prices for Nigeria amounted to 0.0% per year.

Casein And Caseinates Imports

Imports into Ghana

In 2022, after three years of decline, there was significant growth in purchases abroad of casein and caseinates, when their volume increased by 12% to X tons. In general, imports, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2014 when imports increased by 3,582%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, casein and caseinates imports shrank to $X in 2022. Over the period under review, imports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 3,873%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of casein and caseinates to Ghana, with a 81% share of total imports. Moreover, casein and caseinates imports from Belgium exceeded the figures recorded by the second-largest supplier, South Africa (X kg), more than tenfold. The United States (X kg) ranked third in terms of total imports with a 7% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled +39.5%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+13.1% per year) and the United States (-6.1% per year).

In value terms, Belgium ($X) constituted the largest supplier of casein and caseinates to Ghana, comprising 75% of total imports. The second position in the ranking was held by South Africa ($X), with a 19% share of total imports. It was followed by the United States, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value from Belgium stood at +43.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+17.3% per year) and the United States (-8.9% per year).

Import Prices by Country

The average casein and caseinates import price stood at $X per ton in 2022, waning by -11.8% against the previous year. Overall, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 30% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for casein and caseinates in the world?

China remains the largest casein and caseinates consuming country worldwide, comprising approx. 18% of total volume. Moreover, casein and caseinates consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.2% share.

What are the largest producers of casein and caseinates in the world?

China remains the largest casein and caseinates producing country worldwide, accounting for 17% of total volume. Moreover, casein and caseinates production in China exceeded the figures recorded by the second-largest producer, India, twofold. New Zealand ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of casein and caseinates to Ghana?

In value terms, Belgium constituted the largest supplier of casein and caseinates to Ghana, comprising 83% of total imports. The second position in the ranking was occupied by South Africa, with a 14% share of total imports. It was followed by the United States, with a 2.1% share.

What is the average export price for casein and caseinates in Ghana?

The average casein and caseinates export price stood at $7,338 per ton in 2018, standing approx. at the previous year.

What is the average import price for casein and caseinates in Ghana?

In 2021, the average casein and caseinates import price amounted to $3,635 per ton, with an increase of 19% against the previous year.

This report provides an in-depth analysis of the casein and caseinates market in Ghana. 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:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023