Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Kenya - 2022

Contents:

1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Kenya (CIF) - 2022
2. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Kenya (FOB) - 2022
3. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Kenya
4. Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Kenya

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Kenya (CIF) - 2022

The average import price for casein, caseinates and other casein derivatives; casein glueses stood at $8,498 per ton in 2022, growing by 7.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2014 an increase of 37% against the previous year. As a result, import price attained the peak level of $9,150 per ton. From 2015 to 2022, the average 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 Ukraine ($11,466 per ton), while the price for South Korea ($1,974 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Kenya (FOB) - 2022

In 2022, the average export price for casein, caseinates and other casein derivatives; casein glueses amounted to $6,526 per ton, picking up by 79% against the previous year. Overall, the export price posted buoyant growth. The export price peaked at $6,650 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +17.1% per year.

Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Kenya

Imports of casein, caseinates and other casein derivatives; casein glueses into Kenya expanded notably to 317 tons in 2022, with an increase of 7.8% on the previous year's figure. The total import volume increased at an average annual rate of +12.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 25% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $2.7M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.5% 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 +97.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 49%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Casein, Caseinates and Other Casein Derivatives; Casein Glues to Kenya in 2022:

1. Ukraine (99.1 tons)
2. Poland (80.2 tons)
3. South Korea (68.1 tons)
4. Belarus (40.0 tons)
5. India (22.2 tons)
6. China (7.4 tons)

Exports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Kenya

In 2022, overseas shipments of casein, caseinates and other casein derivatives; casein glueses decreased by -95.4% to 390 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1,407%. As a result, the exports reached the peak of 16 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of casein, caseinates and other casein derivatives; casein glueses fell dramatically to $2.5K in 2022. Over the period under review, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 1,451%. As a result, the exports reached the peak of $59K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Casein, Caseinates and Other Casein Derivatives; Casein Glues from Kenya in 2022:

1. Somalia (390.0 kg)

Source: IndexBox Market Intelligence Platform