South Africa: Market for Casein Glues And Caseinates And Other Casein Derivatives 2024

Market Size for Casein Glues And Caseinates And Other Casein Derivatives in South Africa

The South African casein glue and caseinates market dropped to $X in 2022, with a decrease of X% against the previous year. Overall, consumption continues to indicate a noticeable downturn. Casein glue and caseinates consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Casein Glues And Caseinates And Other Casein Derivatives in South Africa

In value terms, casein glue and caseinates production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of X%. Casein glue and caseinates production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Casein Glues And Caseinates And Other Casein Derivatives

Exports from South Africa

After three years of decline, overseas shipments of casein glues and caseinates and other casein derivatives increased by X% to X tons in 2022. Overall, exports, however, saw a abrupt descent. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, casein glue and caseinates exports soared to $X in 2022. Over the period under review, exports, however, recorded a abrupt setback. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Lesotho (X tons), Angola (X tons) and Namibia (X tons) were the main destinations of casein glue and caseinates exports from South Africa, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Angola ($X) emerged as the key foreign market for casein glues and caseinates and other casein derivatives exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports. It was followed by Zimbabwe, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Angola amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Zimbabwe (X% per year).

Export Prices by Country

The average casein glue and caseinates export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Zambia ($X per ton), while the average price for exports to Lesotho ($X 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 Zambia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Casein Glues And Caseinates And Other Casein Derivatives

Imports into South Africa

In 2022, imports of casein glues and caseinates and other casein derivatives into South Africa expanded markedly to X tons, picking up by X% compared with 2021 figures. Over the period under review, imports posted a buoyant increase. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, casein glue and caseinates imports surged to $X in 2022. In general, imports recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Denmark (X tons) constituted the largest casein glue and caseinates supplier to South Africa, accounting for a X% share of total imports. Moreover, casein glue and caseinates imports from Denmark exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Ireland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Denmark stood at X.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Ireland (X% per year).

In value terms, Denmark ($X) constituted the largest supplier of casein glues and caseinates and other casein derivatives to South Africa, comprising X% of total imports. The second position in the ranking was taken by Ireland ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Denmark stood at X.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (X% per year) and New Zealand (X% per year).

Import Prices by Country

The average casein glue and caseinates import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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