India - Butter And Dairy Spreads - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Butter and Dairy Spreads in India - 2023
Contents:
- Price for Butter and Dairy Spreads in India (FOB) - 2023
- Price for Butter and Dairy Spreads in India (CIF) - 2022
- Exports of Butter and Dairy Spreads in India
- Imports of Butter and Dairy Spreads in India
Price for Butter and Dairy Spreads in India (FOB) - 2023
The average butter and dairy spreads export price stood at $5,401 per ton in July 2023, declining by -5% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 8.4% m-o-m. The export price peaked at $5,787 per ton in March 2023; however, from April 2023 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In July 2023, the highest price was recorded for prices to the United States ($6,727 per ton) and Oman ($6,388 per ton), while the average price for exports to Morocco ($4,668 per ton) and Bangladesh ($4,805 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bhutan (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Butter and Dairy Spreads in India (CIF) - 2022
The average butter and dairy spreads import price stood at $7,949 per ton in 2022, increasing by 32% against the previous year. Overall, import price indicated measured growth 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, butter and dairy spreads import price increased by +69.9% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were New Zealand ($8,310 per ton) and France ($8,295 per ton), while the price for the United Arab Emirates ($5,582 per ton) and Denmark ($7,204 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+40.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Butter and Dairy Spreads in India
In 2022, the amount of butter and dairy spreads exported from India surged to 19K tons, rising by 140% compared with the year before. Over the period under review, exports, however, showed a deep contraction.
In value terms, butter and dairy spreads exports skyrocketed to $88M in 2022. In general, exports, however, saw a abrupt decrease.
| Export of Butter and Dairy Spreads in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 1.8 | 0.6 | 3.8 | 30.3 | 156.3% |
| Saudi Arabia | 1.5 | 2.4 | 4.3 | 11.6 | 97.8% |
| Morocco | 6.2 | 1.2 | 4.1 | 10.6 | 19.6% |
| Qatar | 0.7 | 1.0 | 1.2 | 9.8 | 141.0% |
| United Arab Emirates | 7.7 | 5.8 | 7.9 | 9.3 | 6.5% |
| Egypt | 19.7 | 2.8 | 2.0 | 4.1 | -40.7% |
| United States | 1.3 | 2.6 | 1.6 | 3.3 | 36.4% |
| Turkey | 63.5 | 0.6 | 0.6 | N/A | -90.3% |
| Others | 5.9 | 5.9 | 10.2 | 8.6 | 13.4% |
| Total | 108 | 22.9 | 35.7 | 87.6 | -6.7% |
Top Export Markets for Butter and Dairy Spreads from India in 2022:
- Bahrain (7.1K tons)
- Saudi Arabia (2.5K tons)
- Morocco (2.5K tons)
- Qatar (2.3K tons)
- United Arab Emirates (1.7K tons)
- Egypt (1.0K tons)
- United States (0.5K tons)
Imports of Butter and Dairy Spreads in India
In 2022, supplies from abroad of butter and dairy spreads decreased by -46% to 128 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 59%. As a result, imports reached the peak of 594 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, butter and dairy spreads imports declined markedly to $1M in 2022. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 56% against the previous year. As a result, imports attained the peak of $2.8M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Butter and Dairy Spreads in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 288 | 200 | 539 | 517 | 21.5% |
| New Zealand | 595 | 2,174 | 536 | 227 | -27.5% |
| United Kingdom | 0.6 | 22.6 | 111 | 151 | 531.4% |
| Denmark | 115 | 142 | 67.1 | 86.0 | -9.2% |
| United Arab Emirates | 2.0 | N/A | 7.9 | 33.5 | 155.9% |
| Belgium | 114 | 8.5 | N/A | N/A | -92.5% |
| Egypt | N/A | 90.9 | N/A | N/A | 0% |
| Netherlands | N/A | 90.8 | N/A | N/A | 0% |
| Turkey | 378 | N/A | N/A | N/A | 0% |
| Others | 295 | 51.6 | 159 | N/A | -26.6% |
| Total | 1,787 | 2,781 | 1,420 | 1,014 | -17.2% |
Top Suppliers of Butter and Dairy Spreads to India in 2022:
- France (62.3 tons)
- New Zealand (27.3 tons)
- United Kingdom (20.0 tons)
- Denmark (11.9 tons)
- United Arab Emirates (6.0 tons)
This report provides an in-depth analysis of the market for butter and dairy spreads 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 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
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
- COUNTRIES WITH TOP YIELDS
- 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, 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
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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
- 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
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This report provides an in-depth analysis of the market for butter and dairy spreads 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.
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This report provides an in-depth analysis of the butter market in India.
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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 dairy spread market in India.
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This report provides an in-depth analysis of the global market for butter and dairy spreads.
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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.
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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.
7830
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
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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.
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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.
2770
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.
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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
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
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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.
