SADC: Casein And Caseinates Market 2024

Casein And Caseinates Market Size in SADC

The SADC casein and caseinates market expanded to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Casein And Caseinates Production in SADC

In value terms, casein and caseinates production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Casein And Caseinates Exports

Exports in SADC

In 2022, the amount of casein and caseinates exported in SADC contracted remarkably to X tons, with a decrease of X% against the previous year. In general, exports recorded a pronounced setback. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, casein and caseinates exports contracted remarkably to $X in 2022. Overall, exports saw a mild setback. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa (X tons) represented roughly X% of total exports in 2022.

South Africa was also the fastest-growing in terms of the casein and caseinates exports, with a CAGR of X% 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 and caseinates supplier in SADC.

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

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, jumping by X% against the previous year. Export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 X% per year.

Casein And Caseinates Imports

Imports in SADC

In 2022, purchases abroad of casein and caseinates increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, casein and caseinates imports skyrocketed to $X in 2022. In general, imports enjoyed a perceptible increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

South Africa prevails in imports structure, finishing at X tons, which was near X% of total imports in 2022. Zimbabwe (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to casein and caseinates imports into South Africa stood at X%. At the same time, Zimbabwe (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported casein and caseinates in SADC, comprising X% of total imports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of total imports.

In South Africa, casein and caseinates imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of X% 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 import price increased by X% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Zimbabwe amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Source: IndexBox Platform