Germany - Ghee - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Ghee Price in Germany - 2023

Contents:

  1. Ghee Price in Germany (FOB) - 2023
  2. Ghee Price in Germany (CIF) - 2023
  3. Ghee Exports in Germany
  4. Ghee Imports in Germany

Ghee Price in Germany (FOB) - 2023

In June 2023, the average ghee export price amounted to $7,750 per ton, flattening at the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 6.5% m-o-m. Over the period under review, the average export prices attained the maximum at $8,965 per ton in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Slovakia ($10,296 per ton), while the average price for exports to Denmark ($5,843 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ghee Price in Germany (CIF) - 2023

In June 2023, the average ghee import price amounted to $7,004 per ton, leveling off at the previous month. Over the period under review, the import price, however, saw a mild decline. The most prominent rate of growth was recorded in April 2023 an increase of 9.7% against the previous month. The import price peaked at $8,754 per ton in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Belgium ($7,456 per ton) and Ireland ($7,188 per ton), while the price for Poland ($6,466 per ton) and France ($6,810 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+1.9%), while the prices for the other major suppliers experienced a decline.

Ghee Exports in Germany

In 2022, the amount of ghee exported from Germany reached 24K tons, picking up by 3% on the previous year. The total export volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 17% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, ghee exports skyrocketed to $192M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 36%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Export of Ghee in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy18.410.020.331.419.5%
Poland24.322.321.127.64.3%
France15.28.111.425.619.0%
Netherlands11.610.115.620.921.7%
Austria19.916.319.720.51.0%
Belgium24.415.318.720.0-6.4%
Denmark0.60.96.010.6160.4%
Slovakia11.37.48.010.3-3.0%
Others18.316.624.824.710.5%
Total14410714619210.1%

Top Export Markets for Ghee from Germany in 2022:

  1. Italy (3.6K tons)
  2. Poland (3.5K tons)
  3. France (3.2K tons)
  4. Austria (3.0K tons)
  5. Belgium (2.5K tons)
  6. Netherlands (2.4K tons)
  7. Denmark (1.6K tons)
  8. Slovakia (1.5K tons)

Ghee Imports in Germany

In 2022, purchases abroad of ghee decreased by -6.8% to 19K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a pronounced decrease. The pace of growth was the most pronounced in 2020 when imports increased by 0.9% against the previous year. As a result, imports attained the peak of 21K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, ghee imports soared to $152M in 2022. The total import value increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Ghee in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands73.262.775.296.79.7%
Belgium19.915.321.834.219.8%
France8.910.49.87.9-3.9%
Ireland3.04.54.05.320.9%
Italy7.85.62.03.7-22.0%
United Kingdom4.23.70.11.2-34.1%
Others1.20.73.62.731.0%
Total1181031161528.8%

Top Suppliers of Ghee to Germany in 2022:

  1. Netherlands (11.8K tons)
  2. Belgium (4.0K tons)
  3. France (1.1K tons)
  4. Italy (0.6K tons)
  5. Ireland (0.6K tons)
  6. United Kingdom (0.1K tons)

Source: IndexBox Market Intelligence Platform

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

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Ghee - Germany