Butter and Ghee Market

Butter and ghee market: read recently published statistics featured by an Ai-driven market intelligence platform. Data contain market size, exports, production, companies, imports, consumption, market prices, and trade. Here is a breakdown by country, including EU, the U.K., Latin America, the U.S., Africa, China, the Middle East, and Russia. Market dynamics and forecast to 2030 are also featured in the dashboards.


Get FREE access to the latest REPORT on the Butter and Ghee Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Butter and Ghee - World's Largest Markets

RatingCountry
1India
2Pakistan
3United States
4France
5Germany

In value terms, India led the market, alone. The second position in the ranking was occupied by Pakistan. It was followed by the United States.

From 2018 to 2020, the average annual rate of growth in terms of value in India totaled +6.2%. The remaining consuming countries recorded the following average annual rates of market growth: Pakistan (+17.2% per year) and the United States (-8.0% per year).

Butter And Ghee Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Ireland594847573851-19.5%
United Kingdom588647543943-18.2%
Poland562345203964-16.0%
Finland530853864198-11.1%
Netherlands602148954258-15.9%
Germany601549134296-15.5%
New Zealand569749614448-11.6%
Belgium648452134522-16.5%
Belarus4510555146191.2%
Denmark670755445336-10.8%
France639761695771-5.0%
Average574349844377-12.7%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in France ($5,771 per ton) and Denmark ($5,336 per ton), while Ireland ($3,851 per ton) and the UK ($3,943 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belarus, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
China614854615003-9.8%
Australia558949404770-7.6%
Egypt514848344648-5.0%
Italy660751614513-17.4%
Russia477153514500-2.9%
United States821559894294-27.7%
Belgium625048524157-18.4%
Germany588249864153-16.0%
France623548574133-18.6%
United Kingdom586948593931-18.2%
Netherlands508543593847-13.0%
Iran400724072279-24.6%
Average574449564354-12.9%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($5,003 per ton), while Iran ($2,279 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced a decline in the import price figures.

Butter and Ghee - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
France1.310.8-20.7%
Germany10.80.8-9.4%
Netherlands0.90.70.6-17.5%
Russia0.40.60.618.7%
China0.70.50.6-10.8%

In value terms, the largest butter and ghee importing markets worldwide were France ($828M), Germany ($798M) and the Netherlands ($610M), with a combined 26% share of global imports. These countries were followed by Russia, China, Belgium, the United States, the UK, Italy, Australia, Egypt and Iran, which together accounted for a further 36%.

Among the main importing countries, Russia saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Butter and Ghee - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
New Zealand2.62.31.9-14.9%
Netherlands1.81.51.4-12.2%
Ireland1.41.31.2-7.6%
Belgium10.80.7-14.1%
Germany0.90.80.7-11.3%

In value terms, New Zealand ($1.9B), the Netherlands ($1.4B) and Ireland ($1.2B) appeared to be the countries with the highest levels of exports in 2020, together accounting for 51% of global exports. These countries were followed by Belgium, Germany, France, Belarus, Denmark, the UK, Poland and Finland, which together accounted for a further 37%.

Belarus recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Butter and Ghee - Market Forecast

Driven by increasing demand for butter and ghee worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Butter and Ghee - Top Companies

Arla Foods A.m.b.a, Bunge Alimentos S/A, GOLDEN AGRI-RESOURCES LTD, KANEKA CORPORATION, KUALA LUMPUR KEPONG BERHAD, Bunge Deutschland GmbH, GRAINCORP OILS HOLDINGS PTY LTD, GRAINCORP FOODS AUSTRALIA PTY LTD, ADANI WILMAR LIMITED, SAIPOL, Cargill NV, NISSHIN OILLIO GROUP, LTD., THE, RUCHI SOYA INDUSTRIES LIMITED, SINAR MAS AGRO RESOURCES AND TECHNOLOGY, PT TBK, Ventura Foods, LLC, CARGILL FRANCE, EPKO OIL SEED CRUSHING (PTY) LTD, BUNGE IBERICA SA, NESTLE UK LTD., PERKEBUNAN NUSANTARA XIII, PT

Butter and Ghee - Product Coverage

  • HS 040510 - Dairy produce; derived from milk, butter
  • HS 040520 - Dairy produce; dairy spreads
  • HS 040590 - Dairy produce; fats and oils derived from milk (other than butter or dairy spreads)
Store
Blog
Event
World - Butter and Ghee - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global butter and ghee market.

South-Eastern Asia - Butter and Ghee - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the butter and ghee market in South-Eastern Asia.

Africa - Butter and Ghee - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the butter and ghee market in Africa.

Eastern Asia - Butter and Ghee - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the butter and ghee market in Eastern Asia.

Southern Asia - Butter and Ghee - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the butter and ghee market in Southern Asia.

Middle East - Butter and Ghee - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the butter and ghee market in the Middle East.

Latin America and the Caribbean - Butter and Ghee - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the butter and ghee market in Latin America and the Caribbean.

Northern America - Butter and Ghee - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the butter and ghee market in Northern America.

Australia and Oceania - Butter and Ghee - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the butter and ghee market in Australia and Oceania.

Central Asia - Butter and Ghee - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the butter and ghee market in Central Asia.

Category
Geography

Nothing found. Please try again.


Browse popular categories

Browse popular regions

Baltics
Eastern Europe