Italy - Ghee - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingGhee Price in Italy - 2023
Contents:
- Ghee Price in Italy (CIF) - 2023
- Ghee Price in Italy (FOB) - 2023
- Ghee Imports in Italy
- Ghee Exports in Italy
Ghee Price in Italy (CIF) - 2023
In June 2023, the average ghee import price amounted to $6,274 per ton, declining by -3% against the previous month. In general, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in September 2022 an increase of 4.1% m-o-m. Over the period under review, average import prices hit record highs at $8,698 per ton in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Cyprus ($6,649 per ton) and France ($6,638 per ton), while the price for Belgium ($5,171 per ton) and the UK ($6,255 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 the Netherlands (-0.9%), while the prices for the other major suppliers experienced a decline.
Ghee Price in Italy (FOB) - 2023
In June 2023, the average ghee export price amounted to $13,526 per ton, increasing by 75% against the previous month. Overall, export price indicated a measured expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, ghee export price increased by +75.3% against May 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Switzerland ($41,847 per ton), while the average price for exports to Belgium ($8,626 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 Croatia (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Ghee Imports in Italy
In 2022, the amount of ghee imported into Italy expanded remarkably to 36K tons, increasing by 5.8% against 2021 figures. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, ghee imports soared to $288M in 2022. In general, imports showed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ghee in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 48.8 | 29.0 | 50.3 | 72.3 | 14.0% |
| Spain | 34.2 | 34.8 | 45.5 | 61.9 | 21.9% |
| United Kingdom | 36.5 | 26.7 | 26.8 | 47.0 | 8.8% |
| Belgium | 22.9 | 21.6 | 29.9 | 42.5 | 22.9% |
| Germany | 14.4 | 5.4 | 11.0 | 22.0 | 15.2% |
| France | 33.5 | 14.5 | 21.9 | 19.2 | -16.9% |
| Denmark | 1.2 | N/A | 2.7 | 16.1 | 137.6% |
| Others | 6.2 | 9.2 | 11.4 | 6.8 | 3.1% |
| Total | 198 | 141 | 199 | 288 | 13.3% |
Top Suppliers of Ghee to Italy in 2022:
- Netherlands (10.2K tons)
- Spain (7.1K tons)
- United Kingdom (5.5K tons)
- Belgium (5.0K tons)
- Germany (2.6K tons)
- France (2.5K tons)
- Denmark (2.1K tons)
Ghee Exports in Italy
In 2022, the amount of ghee exported from Italy contracted rapidly to 1.1K tons, which is down by -42.1% on the previous year. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 48% against the previous year.
In value terms, ghee exports fell remarkably to $10M in 2022. In general, exports showed a deep slump. The growth pace was the most rapid in 2021 when exports increased by 64% against the previous year.
| Export of Ghee in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.6 | 0.5 | 2.4 | 4.7 | 21.8% |
| Germany | 9.4 | 7.8 | 10.2 | 1.9 | -41.3% |
| China | N/A | N/A | 0.1 | 1.8 | 1700.0% |
| France | 2.1 | 0.2 | 0.3 | 0.9 | -24.6% |
| Spain | 0.5 | 0.2 | 0.2 | 0.3 | -15.7% |
| Netherlands | 0.2 | N/A | 0.2 | 0.2 | 0.0% |
| Others | 0.7 | 0.6 | 1.8 | 0.8 | 4.6% |
| Total | 15.4 | 9.4 | 15.4 | 10.5 | -12.0% |
Top Export Markets for Ghee from Italy in 2022:
- Belgium (531.3 tons)
- China (212.5 tons)
- Germany (168.6 tons)
- France (83.3 tons)
- Spain (30.6 tons)
- Netherlands (21.3 tons)
This report provides an in-depth analysis of the ghee market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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.
-
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
-
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
-
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
-
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
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
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, PRODUCING ANIMALS AND YIELD
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
-
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
-
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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
563
This report provides an in-depth analysis of the ghee market in Italy.
529
This report provides an in-depth analysis of the butter and ghee market in Italy.
810
This report provides an in-depth analysis of the butter market in Italy.
434
This report provides an in-depth analysis of the dairy produce market in Italy.
374
This report provides an in-depth analysis of the market for butter and dairy spreads in Italy.
521
This report provides an in-depth analysis of the dairy spread market in Italy.
2812
This report provides an in-depth analysis of the global ghee market.
2077
This report provides an in-depth analysis of the global butter and ghee market.
3203
This report provides an in-depth analysis of the global butter market.
924
This report provides an in-depth analysis of the global dairy produce market.
80
During the period analyzed, Ghee imports reached a peak of 36K tons in 2019. However, from 2020 to 2023, imports held steady at a lower level. In terms of value, Ghee imports significantly decreased to $225M in 2023.
229
In February 2023, the ghee price stood at $6,832 per ton (CIF, Italy), declining by -11.4% against the previous month.
1568
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
7834
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
2831
Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
6325
Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
6770
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.
1019
The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
2771
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.
1742
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
