South Africa: Butter And Ghee Market 2025

Butter And Ghee Market Size in South Africa

The South African butter and ghee market declined notably to $X in 2022, with a decrease of X% against the previous year. Overall, consumption showed a abrupt descent. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Butter And Ghee Production in South Africa

In value terms, butter and ghee production amounted to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt decline. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Butter And Ghee Exports

Exports from South Africa

In 2022, butter and ghee exports from South Africa was estimated at X tons, increasing by X% against 2021. Overall, exports, however, showed a deep setback. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, butter and ghee exports rose slightly to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Namibia (X tons) was the main destination for butter and ghee exports from South Africa, accounting for a X% share of total exports. Moreover, butter and ghee exports to Namibia exceeded the volume sent to the second major destination, Mozambique (X tons), twofold. The third position in this ranking was taken by Botswana (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Namibia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (X% per year) and Botswana (X% per year).

In value terms, Namibia ($X), Mozambique ($X) and Botswana ($X) appeared to be the largest markets for butter and ghee exported from South Africa worldwide, together comprising X% of total exports. Zambia, Mauritius, Malawi, Lesotho and Zimbabwe lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Malawi, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average butter and ghee export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butter and ghee export price decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while the average price for exports to Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (X%), while the prices for the other major destinations experienced more modest paces of growth.

Butter And Ghee Imports

Imports into South Africa

In 2022, approx. X tons of butter and ghee were imported into South Africa; dropping by X% on the previous year's figure. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, butter and ghee imports declined modestly to $X in 2022. Overall, imports saw a slight decrease. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, New Zealand (X tons) constituted the largest supplier of butter and ghee to South Africa, accounting for a X% share of total imports. Moreover, butter and ghee imports from New Zealand exceeded the figures recorded by the second-largest supplier, Uruguay (X tons), twofold. The third position in this ranking was held by Ireland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from New Zealand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (X% per year) and Ireland (X% per year).

In value terms, New Zealand ($X), Uruguay ($X) and Ireland ($X) constituted the largest butter and ghee suppliers to South Africa, together accounting for X% of total imports.

In terms of the main suppliers, Uruguay, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average butter and ghee import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butter and ghee import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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