SADC: Market for Casein Glues And Caseinates And Other Casein Derivatives 2024

Market Size for Casein Glues And Caseinates And Other Casein Derivatives in SADC

In 2022, after six years of growth, there was decline in the SADC casein glue and caseinates market, when its value decreased by -0.7% to $X. The total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +93.1% against 2012 indices. Over the period under review, the market reached the maximum level at $X in 2021, and then contracted slightly in the following year.

Production of Casein Glues And Caseinates And Other Casein Derivatives in SADC

In value terms, casein glue and caseinates production totaled $X in 2022 estimated in export price. The total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.4% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of 36%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports in SADC

In 2022, after three years of decline, there was significant growth in shipments abroad of casein glues and caseinates and other casein derivatives, when their volume increased by 183% to X tons. In general, exports, however, continue to indicate a abrupt curtailment. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, casein glue and caseinates exports surged to $X in 2022. Over the period under review, exports, however, showed a abrupt contraction. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X tons) represented the key exporter of casein glues and caseinates and other casein derivatives in SADC, mixing up 100% of total export.

South Africa was also the fastest-growing in terms of the casein glues and caseinates and other casein derivatives exports, with a CAGR of -6.2% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest casein glue and caseinates supplier in SADC.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to -11.1%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, growing by 1.6% against the previous year. In general, the export price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 an increase of 43% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -5.2% per year.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports in SADC

After two years of growth, supplies from abroad of casein glues and caseinates and other casein derivatives decreased by -9.3% to X tons in 2022. Total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, casein glue and caseinates imports rose remarkably to $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +123.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 43%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

South Africa (X tons) and Angola (X tons) prevails in imports structure, together constituting 88% of total imports. The following importers - Democratic Republic of the Congo (X tons), Lesotho (X tons), Swaziland (X tons) and Namibia (X tons) - together made up 9.8% of total imports.

From 2012 to 2022, the biggest increases were recorded for Angola (with a CAGR of +18.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported casein glues and caseinates and other casein derivatives in SADC, comprising 76% of total imports. The second position in the ranking was held by Angola ($X), with an 18% share of total imports. It was followed by Democratic Republic of the Congo, with a 2.1% share.

In South Africa, casein glue and caseinates imports expanded at an average annual rate of +9.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Angola (+15.1% per year) and Democratic Republic of the Congo (-15.1% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, rising by 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2020 an increase of 31% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+11.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform