France - Ghee - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrance Sees Significant Decline in Ghee Imports, Dropping to $209M in 2023
France Ghee Imports
In 2023, purchases abroad of ghee decreased by -8.5% to 29K tons for the first time since 2020, thus ending a two-year rising trend. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2022 when imports increased by 29%. Imports peaked at 60K tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.
In value terms, ghee imports shrank dramatically to $209M (IndexBox estimates) in 2023. Over the period under review, imports saw a noticeable contraction. The pace of growth was the most pronounced in 2022 when imports increased by 80% against the previous year. Imports peaked at $403M in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.
| COUNTRY | Import Value of Ghee in France (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Netherlands | 63.6 | 51.7 | 38.2 | 45.0 | 76.8 | 85.2 | 48.9 | 33.7 | 42.5 | 69.0 | 60.1 |
| Belgium | 49.9 | 53.3 | 34.5 | 31.2 | 44.8 | 55.9 | 42.9 | 35.6 | 39.4 | 54.2 | 59.2 |
| United Kingdom | 4.1 | 3.9 | 1.3 | 2.0 | 3.4 | 5.8 | 4.2 | 1.0 | 23.3 | 32.8 | 38.3 |
| Germany | 15.5 | 14.9 | 9.1 | 8.9 | 16.1 | 16.9 | 15.0 | 7.7 | 11.0 | 24.5 | 19.2 |
| Ireland | N/A | 1.0 | 0.6 | 0.3 | 0.7 | 4.9 | 5.4 | 1.0 | 1.2 | 12.7 | 12.3 |
| Spain | 4.7 | 5.2 | 8.7 | 10.0 | 10.5 | 13.0 | 7.2 | 13.9 | 13.9 | 22.3 | 9.3 |
| New Zealand | 18.2 | 20.6 | 25.5 | 18.4 | 20.9 | 17.9 | 14.3 | 3.7 | 6.5 | 20.8 | 8.7 |
| Others | 165 | 165 | 122 | 126 | 181 | 204 | 148 | 2.4 | 4.0 | 18.6 | 2.0 |
| Total | 321 | 315 | 240 | 242 | 354 | 403 | 286 | 99.0 | 142 | 255 | 209 |
Imports by Country
the Netherlands (8.3K tons), Belgium (7.5K tons) and the UK (6K tons) were the main suppliers of ghee imports to France, together comprising 75% of total imports. Germany, Ireland, New Zealand and Spain lagged somewhat behind, together comprising a further 25%.
From 2013 to 2023, the biggest increases were recorded for Ireland (with a CAGR of +71.2%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest ghee suppliers to France were the Netherlands ($60M), Belgium ($59M) and the UK ($38M), together accounting for 75% of total imports. Germany, Ireland, Spain and New Zealand lagged somewhat behind, together accounting for a further 24%.
Among the main suppliers, Ireland, with a CAGR of +76.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the ghee price stood at $7,161 per ton (CIF, France), shrinking by -10.4% against the previous year. In general, import price indicated mild growth from 2013 to 2023: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, ghee import price increased by +41.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 62%. The import price peaked at $7,989 per ton in 2022, and then shrank in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Germany ($8,391 per ton) and Belgium ($7,871 per ton), while the price for Ireland ($5,742 per ton) and New Zealand ($5,949 per ton) were amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Ireland (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the ghee market in France. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 887 - Ghee from Cow Milk
- FCL 953 - Ghee, from Buffalo Milk
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in France
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Producing Animals Slaughtered, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
