Africa: Buttermilk Powder Market 2020

Buttermilk Powder Market Size in Africa

The revenue of the buttermilk powder market in Africa amounted to $X in 2017, coming up by X% against the previous year. The total market indicated a prominent expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. In that year, the buttermilk powder market reached their peak level of $X. From 2015 to 2017, growth of the buttermilk powder market stood at a somewhat lower level.

Buttermilk Powder Production in Africa

The buttermilk powder production totaled X tons in 2017, stabilizing at the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2012, when it surged by X% year-to-year. In that year, the buttermilk powder production attained their peak volume of X tons. From 2013 to 2017, growth of the buttermilk powder production stood at a somewhat lower level.

Buttermilk Powder Exports in Africa

The exports totaled X tons in 2017, picking up by X% against the previous year. The buttermilk powder exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, with an increase of X% y-o-y. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, buttermilk powder exports totaled $X in 2017. The total exports indicated a strong expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the buttermilk powder exports increased by +X% against 2009 indices. The level of exports peaked of $X in 2016, leveling off in the following year.

Buttermilk Powder Exports by Country in Africa

South Africa represented the largest exporting country with an export of around X tons, which reached X% of total exports. Senegal (X tons) occupied the second position in the ranking, distantly followed by Kenya (X tons). All these countries together took approx. X% share of total exports. Burkina Faso (X tons), Togo (X tons), Egypt (X tons) and Benin (X tons) took the slight share of total exports.

Exports from South Africa increased at an average annual rate of +X% from 2007 to 2017. At the same time, Egypt (+X%), Senegal (+X%) and Benin (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Togo (-X%), Kenya (-X%) and Burkina Faso (-X%) illustrated a downward trend over the same period. While the share of Burkina Faso (X%), Kenya (X%) and Togo (X%) increased significantly in terms of the global exports from 2007-2017, the share of Egypt (-X%), Senegal (-X%) and South Africa (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Senegal ($X) and Egypt ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports.

Egypt (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Buttermilk Powder Export Prices by Country in Africa

In 2017, the buttermilk powder export price in Africa amounted to $X per ton, going down by -X% against the previous year. The export price indicated a prominent growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the buttermilk powder export price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2013, an increase of X% year-to-year. The level of export price peaked of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Senegal ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Senegal (+X% per year), while the other leaders experienced more modest paces of growth.

Buttermilk Powder Imports in Africa

In 2017, the amount of buttermilk powder imported in Africa stood at X tons, waning by -X% against the previous year. The buttermilk powder imports continue to indicate a temperate decrease. The pace of growth was the most pronounced in 2012, when imports increased by X% y-o-y. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, buttermilk powder imports totaled $X in 2017. The buttermilk powder imports continue to indicate a pronounced descent. Over the period under review, the buttermilk powder imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Buttermilk Powder Imports by Country in Africa

Nigeria (X tons) and Angola (X tons) represented roughly X% of total imports of buttermilk powder in 2017. It was distantly followed by South Africa (X tons), making up X% share of total imports. The following importers - Namibia (X tons), Cote d'Ivoire (X tons), Libya (X tons), Cabo Verde (X tons), Ghana (X tons), Botswana (X tons), Tanzania (X tons) and Seychelles (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Cote d'Ivoire (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported buttermilk powder in Africa, making up X% of global imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global imports. It was followed by Angola, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Nigeria amounted to -X%. In the other countries, the average annual rates were as follows: South Africa (-X% per year) and Angola (+X% per year).

Buttermilk Powder Import Prices by Country in Africa

In 2017, the buttermilk powder import price in Africa amounted to $X per ton, coming up by X% against the previous year. The buttermilk powder import price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2017, an increase of X% against the previous year. The level of import price peaked of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was South Africa ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Cote d'Ivoire (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform