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

Contents:

  1. Price for Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ghana (CIF) - 2022
  2. Imports of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ghana

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

In 2022, the average import price for casein, caseinates and other casein derivatives; casein glueses amounted to $3,030 per ton, approximately mirroring the previous year. In general, the import price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2014 an increase of 12% against the previous year. As a result, import price reached the peak level of $3,929 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 Nigeria ($5,119 per ton), while the price for Italy ($369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+3.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas purchases of casein, caseinates and other casein derivatives; casein glueses decreased by -18.1% to 112 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 56%. As a result, imports attained the peak of 137 tons, and then contracted sharply in the following year.

In value terms, imports of casein, caseinates and other casein derivatives; casein glueses shrank sharply to $340K in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports attained the peak of $411K, and then contracted markedly in the following year.

Import of Casein, Caseinates and Other Casein Derivatives; Casein Glues in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23.3190333265124.9%
Nigeria4.924.020.334.792.0%
Belgium11533.035.124.9-40.0%
Italy7.34.75.54.3-16.2%
Others25.817.616.810.7-25.4%
Total17726941134024.3%

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

  1. Germany (77.3 tons)
  2. Belgium (14.1 tons)
  3. Italy (11.8 tons)
  4. Nigeria (6.8 tons)

Source: IndexBox Market Intelligence Platform

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