Southern Asia: Buttermilk Market 2020

Buttermilk Market Size in Southern Asia

The revenue of the buttermilk market in Southern Asia amounted to $X in 2017, declining by -X% against the previous year. The buttermilk consumption continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. Over the period under review, the buttermilk market reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Buttermilk Production in Southern Asia

In 2017, approx. X tons of buttermilk were produced in Southern Asia; increasing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the buttermilk production attained its peak figure volume in 2017, and is expected to retain its growth in the near future.

Buttermilk Exports in Southern Asia

In 2017, the amount of buttermilk exported in Southern Asia totaled X tons, increasing by X% against the previous year. The buttermilk exports continue to indicate a prominent growth. The pace of growth was the most pronounced in 2008, when exports increased by X% year-to-year. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, buttermilk exports stood at $X in 2017. The buttermilk exports continue to indicate a strong growth. Over the period under review, the buttermilk exports attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Buttermilk Exports by Country in Southern Asia

Pakistan was the key exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by India (X tons), creating X% share of total exports.

Exports from Pakistan increased at an average annual rate of +X% from 2007 to 2017. At the same time, India (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing exporter in Southern Asia, with a CAGR of +X% from 2007-2017. India (-X%) and Pakistan (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) remains the largest buttermilk supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports.

In Pakistan, buttermilk exports increased at an average annual rate of +X% over the period from 2007-2017.

Buttermilk Export Prices by Country in Southern Asia

The buttermilk export price in Southern Asia stood at $X per ton in 2017, lowering by -X% against the previous year. The buttermilk export price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2009, an increase of X% y-o-y. In that year, the export prices for buttermilk reached their peak level of $X per ton. From 2010 to 2017, growth of the export prices for buttermilk stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in India ($X per ton) and Pakistan ($X per ton), while Pakistan ($X per ton) and India ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Pakistan (-X% per year).

Buttermilk Imports in Southern Asia

In 2017, buttermilk imports in Southern Asia stood at X tons, jumping by X% against the previous year. The buttermilk imports continue to indicate a notable growth. The pace of growth appeared the most rapid in 2017, when imports increased by X% year-to-year. The volume of imports peaked of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, buttermilk imports stood at $X in 2017. The buttermilk imports continue to indicate a remarkable growth. Over the period under review, the buttermilk imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Buttermilk Imports by Country in Southern Asia

Afghanistan was the major importing country with an import of around X tons, which amounted to X% of total imports. Maldives (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Bangladesh (X%). Sri Lanka (X tons) held the slight share of total imports.

From 2007 to 2017, average annual rates of growth with regard to buttermilk imports into Afghanistan stood at +X%. At the same time, Sri Lanka (+X%) and Bangladesh (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. Maldives experienced a relatively flat trend pattern. Bangladesh (-X%) and Afghanistan (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in Afghanistan amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and Maldives (+X% per year).

Buttermilk Import Prices by Country in Southern Asia

The buttermilk import price in Southern Asia stood at $X per ton in 2017, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2016, when it surged by X% against the previous year. The level of import price peaked in 2017, and is expected to retain its growth in the near future.

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

Source: IndexBox Platform