Asia: Buttermilk Market 2020

Buttermilk Market Size in Asia

The revenue of the buttermilk market in Asia amounted to $X in 2017, jumping by X% against the previous year. The total market indicated a remarkable growth from 2007 to 2017: its value 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 consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the buttermilk market reached its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Buttermilk Production in Asia

In 2017, buttermilk production in Asia amounted to X tons, surging by X% against the previous year. The total output indicated a remarkable expansion from 2007 to 2017: its volume 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 production increased by +X% against 2009 indices. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. The volume of buttermilk production peaked in 2017, and is expected to retain its growth in the near future.

Buttermilk Exports in Asia

In 2017, approx. X tons of buttermilk were exported in Asia; remaining stable against the previous year. The buttermilk exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when exports increased by X% year-to-year. The volume of exports peaked of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, buttermilk exports stood at $X in 2017. The total exports indicated a temperate increase 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 exports decreased by -X% against 2011 indices. In that year, the buttermilk exports attained their peak level of $X. From 2012 to 2017, growth of the buttermilk exports stood at a somewhat lower level.

Buttermilk Exports by Country in Asia

Thailand represented the main exporter of buttermilk in Asia, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2017. The United Arab Emirates (X tons) held the second position in the ranking, followed by Syrian Arab Republic (X tons) and Saudi Arabia (X tons). All these countries together occupied near X% share of total exports. Turkey (X tons), Pakistan (X tons), Indonesia (X tons), China, Hong Kong SAR (X tons), Kyrgyzstan (X tons) and Taiwan, Chinese (X tons) held the minor share of total exports.

Exports from Thailand increased at an average annual rate of +X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%), Turkey (+X%), the United Arab Emirates (+X%), Syrian Arab Republic (+X%), Pakistan (+X%) and China, Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, Taiwan, Chinese emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Indonesia (-X%), Kyrgyzstan (-X%) and Saudi Arabia (-X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (X%), Kyrgyzstan (X%) and Indonesia (X%) increased significantly in terms of the global exports from 2007-2017, the share of Pakistan (-X%), Taiwan, Chinese (-X%), Turkey (-X%), Syrian Arab Republic (-X%), the United Arab Emirates (-X%) and Thailand (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest buttermilk supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of global exports. It was followed by the United Arab Emirates, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Thailand totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (-X% per year) and the United Arab Emirates (+X% per year).

Buttermilk Export Prices by Country in Asia

The buttermilk export price in Asia stood at $X per ton in 2017, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. In that year, the export prices for buttermilk reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for buttermilk stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Taiwan, Chinese ($X per ton), while Syrian Arab Republic ($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 Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

Buttermilk Imports in Asia

In 2017, approx. X tons of buttermilk were imported in Asia; falling by -X% against the previous year. The buttermilk imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the buttermilk imports reached its maximum volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, buttermilk imports totaled $X in 2017. The buttermilk imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Buttermilk Imports by Country in Asia

Kazakhstan (X tons) and the Philippines (X tons) represented roughly X% of total imports of buttermilk in 2017. It was followed by Thailand (X tons), China (X tons), Bahrain (X tons), Kuwait (X tons), Oman (X tons) and China, Hong Kong SAR (X tons), together committing X% share of total imports. Iraq (X tons), Azerbaijan (X tons), Jordan (X tons) and Saudi Arabia (X tons) occupied the minor share 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 China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X) constitutes the largest market for imported buttermilk in Asia, making up X% of global imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of global imports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in the Philippines stood at +X%. In the other countries, the average annual rates were as follows: Thailand (-X% per year) and Kazakhstan (-X% per year).

Buttermilk Import Prices by Country in Asia

In 2017, the buttermilk import price in Asia amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Philippines ($X per ton), while Azerbaijan ($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 Kuwait (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform