China - Butter And Ghee - Market Analysis, Forecast, Size, Trends and Insights
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View PricingButter And Ghee Prices in China
China Butter And Ghee Import Price in September 2022
In September 2022, the butter and ghee price amounted to $6,892 per ton (CIF, China), growing by 2.2% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in June 2022 when the average import price increased by 4.5% against the previous month. The import price peaked at $6,987 per ton in July 2022; however, from August 2022 to September 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($9,166 per ton), while the price for Australia ($5,001 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
China Butter And Ghee Import Prices by Type
Average prices varied noticeably amongst the major supplied products. In September 2022, the product with the highest price was butter and dairy spreads ($7,013 per ton), while the price for ghee totaled $6,646 per ton.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by butter and dairy spreads (+2.6%).
China Butter And Ghee Imports
Butter and ghee imports into China dropped dramatically to 9.3K tons in September 2022, which is down by -19.8% compared with the previous month's figure. Over the period under review, imports continue to indicate a abrupt slump. The growth pace was the most rapid in July 2022 when imports increased by 58% m-o-m. Over the period under review, imports attained the peak figure at 16K tons in January 2022; however, from February 2022 to September 2022, imports failed to regain momentum.
In value terms, butter and ghee imports fell dramatically to $64M (IndexBox estimates) in September 2022. Overall, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in July 2022 when imports increased by 63% month-to-month. As a result, imports reached the peak of $105M. From August 2022 to September 2022, the growth of imports remained at a lower figure.
China Butter And Ghee Imports by Type
In September 2022, butter and dairy spreads (6.2K tons) constituted the largest type of butter and ghee supplied to China, accounting for a 67% share of total imports. Moreover, butter and dairy spreads exceeded the figures recorded for the second-largest type, ghee (3.1K tons), twofold.
From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of import of butter and dairy spreads stood at -9.0%.
In value terms, butter and dairy spreads ($44M) constituted the largest type of butter and ghee supplied to China, comprising 68% of total imports. The second position in the ranking was taken by ghee ($21M), with a 32% share of total imports.
China Butter And Ghee Imports by Country
In September 2022, New Zealand (7.6K tons) constituted the largest butter and ghee supplier to China, with a 82% share of total imports. Moreover, butter and ghee imports from New Zealand exceeded the figures recorded by the second-largest supplier, France (518 tons), more than tenfold. The third position in this ranking was taken by Australia (340 tons), with a 3.6% share.
From January 2022 to September 2022, the average monthly growth rate of volume from New Zealand amounted to -8.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+8.7% per month) and Australia (+3.2% per month).
In value terms, New Zealand ($52M) constituted the largest supplier of butter and ghee to China, comprising 80% of total imports. The second position in the ranking was held by France ($4.7M), with a 7.4% share of total imports. It was followed by Australia, with a 2.6% share.
From January 2022 to September 2022, the average monthly growth rate of value from New Zealand stood at -6.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+9.7% per month) and Australia (+3.0% per month).
This report provides an in-depth analysis of the butter and ghee market in China. 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 983 - Butter and Ghee of Sheep Milk
- FCL 1022 - Butter of Goat Milk
- FCL 952 - Butter of Buffalo Milk
- FCL 886 - Butter of Cow Milk
- 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 China
- 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
- 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 VOLUME AND VALUE
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
- 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
- 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
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This report provides an in-depth analysis of the butter and ghee market in China.
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This report provides an in-depth analysis of the ghee market in China.
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This report provides an in-depth analysis of the market for butter and dairy spreads in China.
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This report provides an in-depth analysis of the dairy spread market in China.
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This report provides an in-depth analysis of the butter market in China.
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This report provides an in-depth analysis of the dairy produce market in China.
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This report provides an in-depth analysis of the global butter and ghee market.
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This report provides an in-depth analysis of the global ghee market.
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This report provides an in-depth analysis of the global market for butter and dairy spreads.
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This report provides an in-depth analysis of the global dairy spread market.
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During the period analyzed, Butter imports peaked at 101K tons in 2022, before decreasing the following year. In terms of value, the import of Butter declined to $616M in 2023.
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Butter imports reached a value of $60M in June 2023.
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In terms of value, imports of Dairy Produce increased marginally to $620M in June 2023.
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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.
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Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
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Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
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Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
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The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
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The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.
