Burundi: Butter Market 2020

Butter Market Size in Burundi

The revenue of the butter market in Burundi amounted to $X in 2018, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, butter consumption continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Burundi butter consumption peaked at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Butter Exports

Exports by Country

In 2018, New Zealand (X tons), the Netherlands (X tons) and Ireland (X tons) represented the largest exporters of butter in the world, committing X% of total export. It was distantly followed by Germany (X tons), Belgium (X tons), Belarus (X tons) and France (X tons), together generating a X% share of total exports. Poland (X tons), Denmark (X tons), the UK (X tons), Finland (X tons) and Ukraine (X tons) followed a long way behind the leaders.

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

In value terms, New Zealand ($X), Ireland ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2018, together accounting for X% of total exports. Belgium, Germany, France, Belarus, Denmark, Poland, the UK, Finland and Ukraine lagged somewhat behind, together accounting for 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 export price in Burundi stood at $X per ton in 2018, remaining relatively unchanged against the previous year. Over the period under review, the butter export price continues to indicate a relatively flat trend pattern. Burundi export price peaked at $X per ton in 2014; however, from 2015 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 ($X per ton), while Ukraine ($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 Imports

Imports into Burundi

In 2018, the amount of butter imported into Burundi stood at X tons, going down by -X% against the previous year. Over the period under review, butter imports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, butter imports reached their maximum at X tons in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, butter imports totaled $X in 2018. Overall, butter imports continue to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Burundi imports peaked at $X in 2009; however, from 2010 to 2018, imports remained at a lower figure.

Imports by Country

The imports of the seven major importers of butter, namely France, the Netherlands, Germany, Belgium, Russia, the UK and China, represented more than half of total import. The U.S. (X tons), Saudi Arabia (X tons), Indonesia (X tons), Italy (X tons) and Australia (X tons) occupied a minor share of total imports.

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 importing markets into Burundi were France ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total imports. These countries were followed by Russia, Belgium, the UK, China, the U.S., Italy, Australia, Saudi Arabia, Indonesia and Burundi, which together accounted for a further X the main importing countries, China experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the butter import price in Burundi amounted to $X per ton, coming down by -X% against the previous year. Over the period under review, the butter import price continues to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, the import prices for butter reached their maximum at $X per ton in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

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