Africa: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in Africa

The African buttermilk and buttermilk powder market fell to $X in 2022, which is down by -2.7% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Buttermilk And Buttermilk Powder in Africa

In value terms, buttermilk and buttermilk powder production contracted modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 12%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Buttermilk And Buttermilk Powder

Exports in Africa

For the third year in a row, Africa recorded growth in shipments abroad of buttermilk and buttermilk powder, which increased by 79% to X tons in 2022. Over the period under review, exports continue to indicate a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, buttermilk and buttermilk powder exports surged to $X in 2022. In general, exports enjoyed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa dominates exports structure, reaching X tons, which was near 82% of total exports in 2022. It was distantly followed by Egypt (X tons), mixing up a 5.9% share of total exports. Swaziland (X tons) and Zimbabwe (X tons) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of +10.2% from 2012 to 2022. At the same time, Egypt (+78.4%), Swaziland (+62.1%) and Zimbabwe (+61.2%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of +78.4% from 2012-2022. South Africa (+9.6 p.p.), Egypt (+5.9 p.p.), Swaziland (+3.1 p.p.) and Zimbabwe (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest buttermilk and buttermilk powder supplier in Africa, comprising 79% of total exports. The second position in the ranking was taken by Egypt ($X), with a 12% share of total exports. It was followed by Swaziland, with a 2.8% share.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled +15.0%. In the other countries, the average annual rates were as follows: Egypt (+80.4% per year) and Swaziland (+54.6% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, with an increase of 9.1% against the previous year. Export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, buttermilk and buttermilk powder export price increased by +43.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by 41% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+4.4%), while the other leaders experienced mixed trends in the export price figures.

Imports of Buttermilk And Buttermilk Powder

Imports in Africa

Buttermilk and buttermilk powder imports skyrocketed to X tons in 2022, surging by 19% against 2021. Total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.1% against 2018 indices. The pace of growth appeared the most rapid in 2020 with an increase of 46%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, buttermilk and buttermilk powder imports surged to $X in 2022. In general, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 64%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Mozambique (X tons), Nigeria (X tons), Swaziland (X tons), Angola (X tons), South Africa (X tons), Botswana (X tons), Libya (X tons), Ghana (X tons), Equatorial Guinea (X tons), Guinea (X tons), Namibia (X tons) and Cote d'Ivoire (X tons) represented the largest importer of buttermilk and buttermilk powder in Africa, committing 79% of total import. Egypt (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Egypt (with a CAGR of +45.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported buttermilk and buttermilk powder in Africa, comprising 28% of total imports. The second position in the ranking was held by South Africa ($X), with a 13% share of total imports. It was followed by Mozambique, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value in Nigeria totaled +6.5%. In the other countries, the average annual rates were as follows: South Africa (+8.4% per year) and Mozambique (+38.4% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by 12% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+6.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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