World - Ghee - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingGhee market
Ghee market: get access to the most recent information featured by an Ai-driven market intelligence tool. Info cover exports, companies, imports, market size, consumption, production, trade, and market prices. Here is a split by region, including Latin America, the Middle East, EU, the U.S., China, Russia, the U.K., and Africa. Market trends and outlook to 2030 are also featured in the reports.
Ghee - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | India |
| 2 | Pakistan |
| 3 | New Zealand |
In value terms, India led the market, alone. The second position in the ranking was occupied by Pakistan.
In India, the ghee market expanded at an average annual rate of +3.4% over the period from 2019-2021. In the other countries, the average annual rates were as follows: Pakistan (+1.4% per year) and New Zealand (+19.3% per year).
Ghee Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 1867 | 2496 | 2917 | 25.0% |
| Ireland | 5387 | 3901 | 5067 | -3.0% |
| New Zealand | 5366 | 4631 | 5208 | -1.5% |
| Belgium | 6340 | 5486 | 5313 | -8.5% |
| France | 5962 | 5115 | 5824 | -1.2% |
| Netherlands | 5729 | 4989 | 5824 | 0.8% |
| Mexico | 6227 | 5323 | 5828 | -3.3% |
| Spain | 5680 | 4860 | 5842 | 1.4% |
| United Kingdom | 5661 | 4633 | 5931 | 2.4% |
| Germany | 6594 | 5213 | 6026 | -4.4% |
| India | 5919 | 6715 | 6245 | 2.7% |
| Average | 5481 | 4834 | 5433 | -0.4% |
Prices varied noticeably by the country of origin; the country with the highest price was India ($6,245 per ton), while the United States ($2,917 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Italy | 5545 | 4721 | 5862 | 2.8% |
| Germany | 5703 | 4917 | 5764 | 0.5% |
| France | 5775 | 5069 | 5748 | -0.2% |
| United Arab Emirates | 5617 | 5783 | 5700 | 0.7% |
| Belgium | 5878 | 5059 | 5693 | -1.6% |
| Saudi Arabia | 5779 | 5209 | 5491 | -2.5% |
| Philippines | 5994 | 5316 | 5416 | -4.9% |
| Netherlands | 5196 | 4812 | 5343 | 1.4% |
| China | 5815 | 4908 | 5311 | -4.4% |
| Malaysia | 5578 | 4802 | 5189 | -3.5% |
| Vietnam | 5062 | 5316 | 5163 | 1.0% |
| Thailand | 4789 | 4851 | 4819 | 0.3% |
| Poland | 6457 | 5188 | 4641 | -15.2% |
| Average | 5566 | 4965 | 5357 | -1.9% |
Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Italy ($5,862 per ton) and Germany ($5,764 per ton), while Poland ($4,641 per ton) and Thailand ($4,819 per ton) were amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.
Ghee - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| Italy | 0.2 | 0.1 | 0.2 | 0.9% |
| Belgium | 0.2 | 0.2 | 0.2 | -9.9% |
| China | 0.1 | 0.1 | 0.1 | 1.4% |
| France | 0.1 | 0.1 | 0.1 | -0.3% |
| Philippines | 0.2 | 0.1 | 0.1 | -8.2% |
In value terms, the largest ghee importing markets worldwide were Italy ($201M), Belgium ($176M) and China ($143M), with a combined 25% share of global imports. France, the Philippines, Germany, Saudi Arabia, Vietnam, Poland, the Netherlands, Malaysia, Thailand and the United Arab Emirates lagged somewhat behind, together accounting for a further 39%.
Among the main importing countries, Poland recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Ghee - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| New Zealand | 1 | 0.9 | 0.8 | -8.9% |
| Netherlands | 0.4 | 0.3 | 0.4 | -2.6% |
| Germany | 0.1 | 0.1 | 0.1 | 0.4% |
| France | 0.1 | 0.09 | 0.1 | 5.4% |
| Belgium | 0.2 | 0.1 | 0.1 | -18.6% |
In value terms, New Zealand ($849M) remains the largest ghee supplier worldwide, comprising 40% of global exports. The second position in the ranking was occupied by the Netherlands ($395M), with a 18% share of global exports. It was followed by Germany, with a 6.8% share.
From 2019 to 2021, the average annual growth rate of value in New Zealand amounted to -8.9%. In the other countries, the average annual rates were as follows: the Netherlands (-2.6% per year) and Germany (+0.4% per year).
Ghee - Market Forecast
Driven by increasing demand for ghee worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Ghee - Top Companies
Arla Foods A.m.b.a, NESTLE UK LTD., SPA CEVITAL, UNILEVER SANAYI VE TICARET TURK ANONIM SIRKETI, Soprole S.A., DAIRY CREST GROUP PLC, ORNUA FOODS UK LIMITED, NÖM AG, SUCESORES DE ALFREDO WILLINER S.A., Yingang Wood based Panel co. Ltd. CNSIC, Obersteirische Molkerei eGen, UNILEVER BCS UK LIMITED, THE TATUA CO-OPERATIVE DAIRY COMPANY LIMITED, GLANBIA CHEESE LIMITED, FLECHARD SAS LAITERIE DU PONT MORIN, SOCIETE BEURRIERE D'ISIGNY, Milchwerk Jäger GmbH, CANELIA PETIT FAYT BEURRE, Thise Mejeri A.M.B.A., Gay Lea Foods Co-Operative Limited
Ghee - Product Coverage
- HS 040590 - Dairy produce; fats and oils derived from milk (other than butter or dairy spreads)
This report provides an in-depth analysis of the global ghee market. 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:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
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
-
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
-
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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- PRODUCING ANIMALS AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Producing Animals, By Country, 2023
- Producing Animals, By Country, 2012-2023
- Yield, By Country, 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, 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, 2012–2023
2242
This report provides an in-depth analysis of the global ghee market.
1676
This report provides an in-depth analysis of the global butter and ghee market.
760
This report provides an in-depth analysis of the global market for butter and dairy spreads.
931
This report provides an in-depth analysis of the global dairy spread market.
2562
This report provides an in-depth analysis of the global butter market.
765
This report provides an in-depth analysis of the global dairy produce market.
1518
New Zealand continued its dominance in the global ghee trade. In 2014, New Zealand exported X thousand tons of ghee totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total ghee
7541
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
2723
Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
6206
Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
6657
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.
976
The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
2725
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.
1704
New Zealand seized control of the butter and ghee market. In 2014, New Zealand exported X thousand tons of butter and ghee totaling X USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total but
800
This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.
1956
The global trade in butter amounted to X million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again
