World - Ghee - Market Analysis, Forecast, Size, Trends and Insights
Ghee Market - New Zealand’s Ghee Exports Increased by 18% in 2014
New Zealand continued its dominance in the global ghee trade. In 2014, New Zealand exported 228 thousand tonnes of ghee totaling 691 million USD, 18% over the previous year. Its primary trading partner on the global ghee market was China, where it supplied 12% of its total ghee exports in value terms, accounting for 78% of China's total imports.
From 2007 to 2014, New Zealand was a net exporter of ghee. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced, except for 2012, 2013 and 2014 when high import prices made it more notable.
The Netherlands and Belgium were among the other main global suppliers of ghee in 2014. However, the fastest growing exporters from 2007 to 2014 were Ireland (+34% per year) and New Zealand (+17% per year). New Zealand significantly strengthened its position in the global export structure.
In 2014, New Zealand's top 5 trading partners were China, the U.S., the Philippines, Algeria and Saudi Arabia, with a combined 44% share of New Zealand's ghee exports. The share of China increased (+9 percentage points), while the share of the U.S. illustrated negative dynamics (-5 percentage points). The shares of the other New Zealand's trading partners showed more moderate dynamics.
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- ghee market share
- ghee prices
- ghee industry
- ghee sales
- ghee market forecast
- ghee price forecast
- key ghee producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global ghee market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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