South Africa - Casein And Caseinates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCasein and Caseinates Price in South Africa - 2023
Contents:
- Casein and Caseinates Price in South Africa (CIF) - 2023
- Casein and Caseinates Price in South Africa (FOB) - 2022
- Casein and Caseinates Imports in South Africa
- Casein and Caseinates Exports in South Africa
Casein and Caseinates Price in South Africa (CIF) - 2023
In July 2023, the average casein and caseinates import price amounted to $14,264 per ton, rising by 4.2% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.5%. The pace of growth was the most pronounced in January 2023 an increase of 25% m-o-m. Over the period under review, average import prices reached the peak figure at $15,591 per ton in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Ireland.
From July 2022 to July 2023, the rate of growth in terms of prices for France amounted to +8.7% per month.
Casein and Caseinates Price in South Africa (FOB) - 2022
The average casein and caseinates export price stood at $4,950 per ton in 2022, growing by 71% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, casein and caseinates export price increased by +109.6% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Japan ($14,281 per ton), while the average price for exports to Lesotho ($1,412 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 Japan (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Casein and Caseinates Imports in South Africa
In 2022, casein and caseinates imports into South Africa expanded remarkably to 2.9K tons, increasing by 11% against the previous year. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.5% 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 +51.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, casein and caseinates imports soared to $31M in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 60% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Casein and Caseinates in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 4.1 | 4.3 | 4.9 | 11.5 | 41.0% |
| France | 4.0 | 3.5 | 7.5 | 7.4 | 22.8% |
| Ireland | 4.1 | 3.7 | 7.9 | 6.5 | 16.6% |
| Netherlands | 1.7 | 2.6 | 2.1 | 5.3 | 46.1% |
| Others | 0.4 | 0.6 | 1.3 | 0.7 | 20.5% |
| Total | 14.3 | 14.8 | 23.7 | 31.3 | 29.8% |
Top Suppliers of Casein and Caseinates to South Africa in 2022:
- New Zealand (969.2 tons)
- France (726.5 tons)
- Ireland (717.7 tons)
- Netherlands (408.7 tons)
Casein and Caseinates Exports in South Africa
In 2022, the amount of casein and caseinates exported from South Africa reduced rapidly to 94 tons, with a decrease of -73.7% compared with 2021 figures. Over the period under review, exports recorded a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 23%.
In value terms, casein and caseinates exports reduced sharply to $466K in 2022. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, the exports attained the peak of $1M, and then shrank rapidly in the following year.
| Export of Casein and Caseinates in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 439 | 481 | 756 | 328 | -9.3% |
| Japan | 22.9 | 88.7 | 101 | 69.2 | 44.6% |
| Mozambique | 61.7 | 0.4 | 48.3 | 52.9 | -5.0% |
| Swaziland | 8.3 | 8.4 | 19.1 | 8.0 | -1.2% |
| Lesotho | 32.0 | 2.2 | 3.3 | 2.2 | -59.0% |
| Zambia | 180 | 108 | 91.6 | N/A | -28.7% |
| Others | 102 | 23.1 | 15.2 | 5.6 | -62.0% |
| Total | 846 | 711 | 1,035 | 466 | -18.0% |
Top Export Markets for Casein and Caseinates from South Africa in 2022:
- Zimbabwe (73.2 tons)
- Mozambique (10.7 tons)
- Japan (4.8 tons)
- Swaziland (2.5 tons)
- Lesotho (1.6 tons)
This report provides an in-depth analysis of the casein and caseinates market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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...
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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...
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