Burkina Faso: Butter And Ghee Market 2020

Butter And Ghee Market Size in Burkina Faso

The revenue of the butter and ghee market in Burkina Faso amounted to $X in 2018, dropping by -X% against the previous year. In general, the total market indicated a prominent increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, butter and ghee consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2017 when the market value increased by X% against the previous year. In that year, the butter and ghee market attained its peak level of $X, and then declined slightly in the following year.

Butter And Ghee Production in Burkina Faso

In value terms, butter and ghee production stood at $X in 2018 estimated in export prices. In general, butter and ghee production continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Burkina Faso butter and ghee production peaked in 2018 and is likely to continue its growth in the near future.

Butter And Ghee Exports

Exports from Burkina Faso

In 2018, the amount of butter and ghee exported from Burkina Faso stood at X kg, coming down by -X% against the previous year. In general, butter and ghee exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2011 when exports decreased by -X% y-o-y. Burkina Faso exports peaked at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, butter and ghee exports stood at $X in 2018. In general, butter and ghee exports continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Burkina Faso exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, New Zealand (X tons), distantly followed by the Netherlands (X tons), Ireland (X tons), Belgium (X tons), Germany (X tons), France (X tons) and Belarus (X tons) were the major exporters of butter and ghee, together generating X% of total exports. Poland (X tons), the UK (X tons), Denmark (X tons), the U.S. (X tons) and Finland (X tons) held a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, the largest butter and ghee markets from Burkina Faso were New Zealand ($X), the Netherlands ($X) and Ireland ($X), together comprising X% of total exports. Belgium, Germany, France, Belarus, Poland, Denmark, the UK, the U.S., Finland and Burkina Faso lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The butter and ghee export price in Burkina Faso stood at $X per ton in 2018, reducing by -X% against the previous year. Over the period under review, the butter and ghee export price continues to indicate a dramatic descent. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, the export prices for butter and ghee reached their peak figure at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Denmark ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by New Zealand, while the other leaders experienced more modest paces of growth.

Butter And Ghee Imports

Imports into Burkina Faso

In 2018, the imports of butter and ghee into Burkina Faso amounted to X tons, waning by -X% against the previous year. Overall, butter and ghee imports continue to indicate a drastic decline. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. In that year, butter and ghee imports attained their peak of X tons, and then declined slightly in the following year.

In value terms, butter and ghee imports totaled $X in 2018. In general, butter and ghee imports continue to indicate a deep descent. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, butter and ghee imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, France (X tons), the Netherlands (X tons), Germany (X tons), Belgium (X tons), Russia (X tons), China (X tons), the UK (X tons), Italy (X tons), Saudi Arabia (X tons), the U.S. (X tons), Indonesia (X tons) and Mexico (X tons) were the main importers of butter and ghee in the world, comprising X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the largest butter and ghee importing markets into Burkina Faso were France ($X), Germany ($X) and the Netherlands ($X), together comprising X% of total imports. Belgium, Russia, China, the UK, Italy, the U.S., Saudi Arabia, Mexico, Indonesia and Burkina Faso lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the butter and ghee import price in Burkina Faso amounted to $X per ton, growing by X% against the previous year. In general, the butter and ghee import price continues to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2018 when the import price increased by X% y-o-y. In that year, the import prices for butter and ghee attained their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Italy ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform