Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ethiopia - 2022
Contents:
- Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ethiopia (CIF) - 2022
- Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ethiopia
Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ethiopia (CIF) - 2022
In 2022, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $4,064 per ton, almost unchanged from the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for casein, caseinates and other casein derivatives; casein glueses increased by +38.6% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 47% against the previous year. As a result, import price attained the peak level of $4,787 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uganda ($6,373 per ton), while the price for Germany ($3,405 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ethiopia
In 2022, approx. 319 tons of casein, caseinates and other casein derivatives; casein glueses were imported into Ethiopia; picking up by 30% against 2021 figures. In general, imports, however, recorded a noticeable decline.
In value terms, imports of casein, caseinates and other casein derivatives; casein glueses skyrocketed to $1.3M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 43.0 | 217 | 262 | 895 | 175.1% |
| China | 19.8 | 32.2 | 55.5 | 180 | 108.7% |
| Germany | 491 | 161 | 219 | 133 | -35.3% |
| Uganda | 8.9 | 34.0 | 67.1 | 76.5 | 104.8% |
| Belgium | 456 | 347 | 323 | N/A | -15.8% |
| Others | 18.6 | 19.0 | 76.3 | 13.7 | -9.7% |
| Total | 1,037 | 811 | 1,003 | 1,298 | 7.8% |
Top Suppliers of Casein, Caseinates and Other Casein Derivatives; Casein Glues to Ethiopia in 2022:
- Latvia (219.6 tons)
- China (48.8 tons)
- Germany (39.0 tons)
- Uganda (12.0 tons)
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