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Discover the top import markets for butter and ghee in 2023. Explore the key countries driving the global demand for dairy products.
Butter And Ghee imports hit 10K tons peak before shrinking to $44M in value in 2023.
During the review period, imports of Butter And Ghee peaked at 53K tons in 2019. However, from 2020 to 2023, imports did not regain momentum. In terms of value, butter and ghee imports saw a sharp increase to $222M in 2023.
The pace of growth for Butter And Ghee imports was most rapid in February 2023, increasing by 87% compared to the previous month. In December 2023, the value of butter and ghee imports dramatically dropped to $63M.
In January 2023, the growth rate of Butter And Ghee exports was the most rapid, experiencing a remarkable increase of 104% compared to the previous month. However, in September 2023, the value of butter and ghee exports notably declined to $23M.
In November 2022, the import growth rate reached its peak with a month-to-month increase of 34%. In terms of value, the imports of Butter And Ghee slightly decreased to $17M in August 2023.
Butter and ghee exports reached a value of $173 million in June 2023.
In February 2023, the price of butter and ghee per ton (CIF, US) was $7,599, a 15% increase from the previous month.
In September 2022, the butter and ghee price stood at $6,567 per ton (CIF, Australia), declining by -4% against the previous month.
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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