Yemen: Butter And Ghee Market 2020

Butter And Ghee Market Size in Yemen

The revenue of the butter and ghee market in Yemen amounted to $X in 2018, jumping by X% against the previous year. In general, butter and ghee consumption, however, continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. In that year, the butter and ghee market reached its peak level of $X. From 2015 to 2018, the growth of the butter and ghee market remained at a lower figure.

Butter And Ghee Production in Yemen

In value terms, butter and ghee production stood at $X in 2018 estimated in export prices. Over the period under review, butter and ghee production continues to indicate tangible growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. In that year, butter and ghee production reached its peak level of $X. From 2015 to 2018, butter and ghee production growth remained at a lower figure.

Butter And Ghee Exports

Exports from Yemen

In 2018, approx. X tons of butter and ghee were exported from Yemen; jumping by X% against the previous year. In general, butter and ghee exports continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Yemen exports peaked at X tons in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, butter and ghee exports stood at $X in 2018. Over the period under review, butter and ghee exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, butter and ghee exports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

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) represented the main exporters of butter and ghee, together constituting X% of total exports. Poland (X tons), the UK (X tons), Denmark (X tons), the U.S. (X tons) and Finland (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 Poland, while the other leaders experienced more modest paces of growth.

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

Export Prices by Country

In 2018, the butter and ghee export price in Yemen amounted to $X per ton, surging by X% against the previous year. Overall, the export price indicated a resilient expansion from 2007 to 2018: its price 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 export price increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2011 when the export price increased by X% year-to-year. Yemen export price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; 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 Yemen

In 2018, the amount of butter and ghee imported into Yemen stood at X tons, going down by -X% against the previous year. Over the period under review, butter and ghee imports continue to indicate a deep curtailment. The pace of growth appeared the most rapid in 2014 when imports increased by X% year-to-year. In that year, butter and ghee imports attained their peak of X tons. From 2015 to 2018, the growth of butter and ghee imports failed to regain its momentum.

In value terms, butter and ghee imports totaled $X in 2018. In general, butter and ghee imports continue to indicate a drastic decrease. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. In that year, butter and ghee imports reached their peak of $X. From 2015 to 2018, the growth of butter and ghee imports failed to regain its momentum.

Imports by Country

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) represented roughly X% of total imports of butter and ghee in 2018.

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 Yemen were France ($X), Germany ($X) and the Netherlands ($X), together comprising X% of total imports. These countries were followed by Belgium, Russia, China, the UK, Italy, the U.S., Saudi Arabia, Mexico, Indonesia and Yemen, which together accounted for a further X the main importing countries, China recorded the highest rates of growth with regard to imports, 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 Yemen amounted to $X per ton, going up by X% against the previous year. In general, the butter and ghee import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when the import price increased by X% year-to-year. Yemen import price peaked in 2018 and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; 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