India - Dairy Produce - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDairy Produce Price in India - 2023
Contents:
- Dairy Produce Price in India (FOB) - 2022
- Dairy Produce Price in India (CIF) - 2022
- Dairy Produce Exports in India
- Dairy Produce Imports in India
Dairy Produce Price in India (FOB) - 2022
The average dairy produce export price stood at $4,050 per ton in 2022, increasing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($6,092 per ton), while the average price for exports to Bhutan ($1,805 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 Nepal (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Dairy Produce Price in India (CIF) - 2022
The average dairy produce import price stood at $5,182 per ton in 2022, rising by 11% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dairy produce import price increased by +28.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($7,039 per ton), while the price for the United Arab Emirates ($1,707 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Dairy Produce Exports in India
In 2022, exports of dairy produce from India amounted to 92K tons, picking up by 3.8% on 2021 figures. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +106.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 99% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, dairy produce exports soared to $374M in 2022. Overall, exports recorded prominent growth. The growth pace was the most rapid in 2021 when exports increased by 68% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Dairy Produce in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 9.8 | 11.9 | 76.6 | 83.0 | 103.8% |
| United Arab Emirates | 39.0 | 38.1 | 46.6 | 51.8 | 9.9% |
| Saudi Arabia | 15.1 | 11.5 | 20.6 | 34.9 | 32.2% |
| Bahrain | 3.6 | 2.9 | 5.7 | 33.8 | 111.0% |
| Qatar | 6.7 | 7.7 | 7.7 | 26.3 | 57.7% |
| United States | 13.5 | 23.9 | 15.3 | 25.2 | 23.1% |
| Bhutan | 21.0 | 21.3 | 19.4 | 20.7 | -0.5% |
| Singapore | 10.7 | 14.1 | 14.3 | 15.0 | 11.9% |
| Morocco | 6.2 | 1.2 | 4.1 | 10.6 | 19.6% |
| Indonesia | 7.7 | 1.1 | 7.3 | 9.9 | 8.7% |
| Oman | 5.6 | 5.6 | 8.3 | 9.3 | 18.4% |
| Kuwait | 4.7 | 4.4 | 4.8 | 7.3 | 15.8% |
| Nepal | 9.0 | 6.6 | 4.2 | 5.6 | -14.6% |
| Others | 112 | 28.8 | 66.4 | 40.2 | -28.9% |
| Total | 264 | 179 | 301 | 374 | 12.3% |
Top Export Markets for Dairy Produce from India in 2022:
- Bangladesh (23.8K tons)
- Bhutan (11.5K tons)
- United Arab Emirates (9.6K tons)
- Bahrain (7.8K tons)
- Saudi Arabia (6.2K tons)
- Singapore (6.2K tons)
- Qatar (5.0K tons)
- United States (4.1K tons)
- Morocco (2.5K tons)
- Oman (1.8K tons)
- Nepal (1.7K tons)
- Indonesia (1.6K tons)
- Kuwait (1.5K tons)
Dairy Produce Imports in India
In 2022, after two years of decline, there was significant growth in overseas purchases of dairy produce, when their volume increased by 42% to 3.4K tons. Overall, imports, however, showed a abrupt slump.
In value terms, dairy produce imports soared to $18M in 2022. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Dairy Produce in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.1 | 1.4 | 1.2 | 2.9 | -2.2% |
| France | 3.1 | 0.9 | 1.3 | 2.4 | -8.2% |
| United Kingdom | 1.4 | 0.5 | 1.3 | 2.1 | 14.5% |
| Denmark | 1.9 | 0.8 | 1.4 | 1.7 | -3.6% |
| Netherlands | 1.0 | 0.5 | 0.6 | 1.2 | 6.3% |
| Estonia | N/A | 0.1 | 0.9 | 1.1 | 231.7% |
| Poland | 0.2 | 0.3 | 0.7 | 1.0 | 71.0% |
| New Zealand | 1.0 | 3.3 | 0.8 | 1.0 | 0.0% |
| Vietnam | 0.2 | 0.3 | 0.4 | 0.9 | 65.1% |
| Indonesia | N/A | N/A | N/A | 0.7 | 0% |
| Germany | 0.7 | 0.4 | 0.5 | 0.5 | -10.6% |
| United Arab Emirates | 0.5 | 0.7 | 0.9 | 0.3 | -15.7% |
| Bangladesh | 1.1 | N/A | N/A | N/A | 0% |
| Others | 3.1 | 2.2 | 1.2 | 1.8 | -16.6% |
| Total | 17.3 | 11.3 | 11.1 | 17.5 | 0.4% |
Top Suppliers of Dairy Produce to India in 2022:
- France (550.7 tons)
- Italy (408.8 tons)
- Denmark (393.0 tons)
- United Kingdom (331.4 tons)
- New Zealand (255.1 tons)
- Poland (240.0 tons)
- Estonia (178.7 tons)
- Netherlands (167.0 tons)
- United Arab Emirates (161.2 tons)
- Vietnam (147.8 tons)
- Germany (132.4 tons)
- Indonesia (100.8 tons)
This report provides an in-depth analysis of the dairy produce market in India. 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 2030.
Product coverage:
- FCL 888 - Skim Milk of Cows
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
- FCL 889 - Whole Milk, Condensed
- FCL 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
- FCL 896 - Skim Milk, Condensed
- FCL 891 - Yoghurt
- FCL 983 - Butter and Ghee of Sheep Milk
- FCL 1022 - Butter of Goat Milk
- FCL 952 - Butter of Buffalo Milk
- FCL 886 - Butter of Cow Milk
- FCL 887 - Ghee from Cow Milk
- FCL 953 - Ghee, from Buffalo Milk
- FCL 901 - Cheese from Whole Cow Milk
- FCL 904 - Cheese from Skimmed Cow Milk
- FCL 905 - Whey Cheese
- FCL 907 - Processed Cheese
- FCL 955 - Cheese of Buffalo Milk
- FCL 984 - Cheese of Sheep Milk
- FCL 1021 - Cheese of Goat Milk
- FCL 885 - Cream, Fresh
- FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
- FCL 899 - Dry Buttermilk
- FCL 892 - Yoghurt, Concentrated or Unconcent
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the dairy produce market in India.
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This report provides an in-depth analysis of the butter and ghee market in India.
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This report provides an in-depth analysis of the ghee market in India.
952
This report provides an in-depth analysis of the butter market in India.
420
This report provides an in-depth analysis of the market for butter and dairy spreads in India.
357
This report provides an in-depth analysis of the dairy spread market in India.
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This report provides an in-depth analysis of the global dairy produce market.
2059
This report provides an in-depth analysis of the global butter and ghee market.
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This report provides an in-depth analysis of the global ghee market.
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This report provides an in-depth analysis of the global butter market.
293
The exports of Ghee experienced a downward trend from April 2023 to September 2023, with a noticeable growth in September reaching a value of $9.6M.
7806
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
2822
Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
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Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
6757
In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
1014
The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
2764
The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.
1740
New Zealand seized control of the butter and ghee market. In 2014, New Zealand exported X thousand tons of butter and ghee totaling X USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total but
1563
New Zealand continued its dominance in the global ghee trade. In 2014, New Zealand exported X thousand tons of ghee totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total ghee
889
This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.
