United Kingdom - Ghee - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Ghee Decreases by 4% to $6,495 per Ton in the UK
United Kingdom Ghee Export Price in April 2023
In April 2023, the ghee price stood at $6,495 per ton (FOB, United Kingdom), falling by -3.9% against the previous month. In general, the export price saw a pronounced decline. The most prominent rate of growth was recorded in March 2023 an increase of 5.7% month-to-month. The export price peaked at $8,906 per ton in August 2022; however, from September 2022 to April 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In April 2023, the countries with the highest prices were Italy ($6,823 per ton) and the Netherlands ($6,747 per ton), while the average price for exports to Belgium ($5,759 per ton) and Spain ($6,170 per ton) were amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.3%), while the prices for the other major destinations experienced a decline.
| COUNTRY | Export Price of Ghee in United Kingdom (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
| Italy | 8,943 | 8,868 | 8,862 | 8,906 | 8,950 | 8,074 | 8,659 | 8,010 | 7,320 | 6,050 | 5,490 | 5,386 | 6,823 |
| Netherlands | 8,981 | 8,754 | 9,060 | 8,427 | 8,910 | 8,385 | 8,713 | 8,721 | 7,645 | 7,168 | 6,998 | 7,747 | 6,747 |
| Spain | 4,689 | 6,545 | 6,103 | 6,021 | 8,889 | 8,339 | 6,508 | 8,537 | 8,764 | 8,790 | 5,072 | 9,112 | 6,170 |
| Belgium | 8,974 | 8,779 | 8,973 | N/A | 8,687 | 8,088 | N/A | 7,756 | N/A | 6,926 | 6,349 | 5,900 | 5,759 |
| Average | 8,734 | 8,562 | 8,668 | 8,482 | 8,906 | 8,247 | 8,526 | 8,375 | 7,569 | 7,036 | 6,394 | 6,758 | 6,495 |
United Kingdom Ghee Exports
In April 2023, shipments abroad of ghee increased by 34% to 1.1K tons for the first time since January 2023, thus ending a two-month declining trend. In general, exports, however, continue to indicate a mild shrinkage.
In value terms, ghee exports surged to $7.2M (IndexBox estimates) in April 2023. Overall, exports, however, continue to indicate a perceptible curtailment.
United Kingdom Ghee Exports by Country
the Netherlands (486 tons), Belgium (315 tons) and Italy (105 tons) were the main destinations of ghee exports from the UK, together accounting for 81% of total exports.
From April 2022 to April 2023, the biggest increases were in Belgium (with a CAGR of +18.2%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($3.3M), Belgium ($1.8M) and Italy ($716K) were the largest markets for ghee exported from the UK worldwide, together comprising 80% of total exports. These countries were followed by Spain, Sweden, Germany and Austria, which together accounted for a further 15%.
Sweden, with a CAGR of +15.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the ghee market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
