Africa: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in Africa

The African buttermilk and buttermilk powder market shrank to $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Buttermilk And Buttermilk Powder in Africa

In value terms, buttermilk and buttermilk powder production contracted modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Buttermilk And Buttermilk Powder

Exports in Africa

For the third year in a row, Africa recorded growth in shipments abroad of buttermilk and buttermilk powder, which increased by X% to X tons in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, buttermilk and buttermilk powder exports skyrocketed to $X in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Zambia was the main exporter of buttermilk and buttermilk powder in Africa, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by South Africa (X tons), generating a X% share of total exports. Egypt (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Zambia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Zambia ($X) emerged as the largest buttermilk and buttermilk powder supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Zambia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (X% per year) and Egypt (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, with an increase of X% against the previous year. Export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, buttermilk and buttermilk powder export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Buttermilk And Buttermilk Powder

Imports in Africa

Buttermilk and buttermilk powder imports surged to X tons in 2022, rising by X% against the year before. Total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, buttermilk and buttermilk powder imports skyrocketed to $X in 2022. Total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mozambique (X tons), Nigeria (X tons), Swaziland (X tons), South Africa (X tons) and Botswana (X tons) represented roughly X% of total imports in 2022. Lesotho (X tons), Namibia (X tons), Libya (X tons), Ghana (X tons), Egypt (X tons), Mauritania (X tons), Togo (X tons) and Equatorial Guinea (X tons) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mozambique (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest buttermilk and buttermilk powder importing markets in Africa were Nigeria ($X), South Africa ($X) and Mozambique ($X), together comprising X% of total imports. Ghana, Swaziland, Botswana, Namibia, Egypt, Lesotho, Libya, Equatorial Guinea, Togo and Mauritania lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Egypt, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, approximately equating the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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