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.


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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)
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World - Ghee - Market Analysis, Forecast, Size, Trends and Insights
$499

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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