World - Ghee - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Ghee - Market Analysis, Forecast, Size, Trends and Insights

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Ghee Market

Ghee market: get access to the most recent information featured by an Ai-driven market intelligence tool. Info cover exports, companies, imports, market size, consumption, production, trade, and market prices. Here is a split by region, including Latin America, the Middle East, EU, the U.S., China, Russia, the U.K., and Africa. Market trends and outlook to 2030 are also featured in the reports.


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

Ghee - World's Largest Markets

RatingCountry
1India
2Pakistan
3New Zealand

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

In India, the ghee market expanded at an average annual rate of +3.4% over the period from 2019-2021. In the other countries, the average annual rates were as follows: Pakistan (+1.4% per year) and New Zealand (+19.3% per year).

Ghee Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
United States18672496291725.0%
Ireland538739015067-3.0%
New Zealand536646315208-1.5%
Belgium634054865313-8.5%
France596251155824-1.2%
Netherlands5729498958240.8%
Mexico622753235828-3.3%
Spain5680486058421.4%
United Kingdom5661463359312.4%
Germany659452136026-4.4%
India5919671562452.7%
Average548148345433-0.4%

Prices varied noticeably by the country of origin; the country with the highest price was India ($6,245 per ton), while the United States ($2,917 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Italy5545472158622.8%
Germany5703491757640.5%
France577550695748-0.2%
United Arab Emirates5617578357000.7%
Belgium587850595693-1.6%
Saudi Arabia577952095491-2.5%
Philippines599453165416-4.9%
Netherlands5196481253431.4%
China581549085311-4.4%
Malaysia557848025189-3.5%
Vietnam5062531651631.0%
Thailand4789485148190.3%
Poland645751884641-15.2%
Average556649655357-1.9%

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Italy ($5,862 per ton) and Germany ($5,764 per ton), while Poland ($4,641 per ton) and Thailand ($4,819 per ton) were amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.

Ghee - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
Italy0.20.10.20.9%
Belgium0.20.20.2-9.9%
China0.10.10.11.4%
France0.10.10.1-0.3%
Philippines0.20.10.1-8.2%

In value terms, the largest ghee importing markets worldwide were Italy ($201M), Belgium ($176M) and China ($143M), with a combined 25% share of global imports. France, the Philippines, Germany, Saudi Arabia, Vietnam, Poland, the Netherlands, Malaysia, Thailand and the United Arab Emirates lagged somewhat behind, together accounting for a further 39%.

Among the main importing countries, Poland recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Ghee - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
New Zealand10.90.8-8.9%
Netherlands0.40.30.4-2.6%
Germany0.10.10.10.4%
France0.10.090.15.4%
Belgium0.20.10.1-18.6%

In value terms, New Zealand ($849M) remains the largest ghee supplier worldwide, comprising 40% of global exports. The second position in the ranking was occupied by the Netherlands ($395M), with a 18% share of global exports. It was followed by Germany, with a 6.8% share.

From 2019 to 2021, the average annual growth rate of value in New Zealand amounted to -8.9%. In the other countries, the average annual rates were as follows: the Netherlands (-2.6% per year) and Germany (+0.4% per year).

Ghee - Market Forecast

Driven by increasing demand for ghee worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Ghee - Top Companies

Arla Foods A.m.b.a, NESTLE UK LTD., SPA CEVITAL, UNILEVER SANAYI VE TICARET TURK ANONIM SIRKETI, Soprole S.A., DAIRY CREST GROUP PLC, ORNUA FOODS UK LIMITED, NÖM AG, SUCESORES DE ALFREDO WILLINER S.A., Yingang Wood based Panel co. Ltd. CNSIC, Obersteirische Molkerei eGen, UNILEVER BCS UK LIMITED, THE TATUA CO-OPERATIVE DAIRY COMPANY LIMITED, GLANBIA CHEESE LIMITED, FLECHARD SAS LAITERIE DU PONT MORIN, SOCIETE BEURRIERE D'ISIGNY, Milchwerk Jäger GmbH, CANELIA PETIT FAYT BEURRE, Thise Mejeri A.M.B.A., Gay Lea Foods Co-Operative Limited

Ghee - Product Coverage

  • HS 040590 - Dairy produce; fats and oils derived from milk (other than butter or dairy spreads)

Source: IndexBox Market Intelligence 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 2030.

Product coverage:

  • FCL 887 - Ghee from Cow Milk
  • FCL 953 - Ghee, from Buffalo Milk

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. PRODUCING ANIMALS AND YIELD BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Producing Animals, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Producing Animals, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Producing Animals, By Country, 2023
    25. Producing Animals, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023
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Blog
Event
Ghee Market - New Zealand’s Ghee Exports Increased by 18% in 2014
Oct 20, 2015
Eye 1564

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

Which Country Consumes the Most Butter and Ghee in the World?
Feb 9, 2018
Eye 7807

Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.

Which Country Exports the Most Butter and Ghee in the World?
Feb 1, 2018
Eye 2823

Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.

Which Country Imports the Most Butter and Ghee in the World?
Jan 18, 2018
Eye 6317

Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level. 

Which Country Produces the Most Butter and Ghee in the World?
Nov 17, 2017
Eye 6758

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.

New Zealand to Benefit from Rising Butter Exports
Jun 23, 2017
Eye 1014

The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.

Global Butter and Ghee Market to Continue Measured Growth through 2025
Apr 25, 2017
Eye 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. 

Ghee Market - New Zealand’s Butter and Ghee Exports Showed 18% Growth in 2014
Oct 22, 2015
Eye 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

Global Butter Market to Keep Robust This Year, with Rising U.S. Supplies to Offset Subdued EU and New Zealand’s Exports
Jul 30, 2021
Eye 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.

Butter Market - New Zealand Strengthened Leadership in Global Butter Supplies
Oct 26, 2016
Eye 1990

The global trade in butter amounted to X million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again

Free Data: Ghee - World