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Asia - Ghee - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Ghee Market Overview 2021

Ghee Market Size in Asia

The Asian ghee market rose remarkably to $X in 2020, picking up by X% against the previous year. Overall, consumption showed buoyant growth. The pace of growth was the most pronounced in 2017 when the market value increased by X% against the previous year. The level of consumption peaked in 2020 and is expected to retain growth in the immediate term.

Ghee Production in Asia

In value terms, ghee production soared to $X in 2020 estimated in export prices. in general, production enjoyed strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs in 2020 and is likely to continue growth in the near future.

Production by Country in Asia

The country with the largest volume of ghee production was India (X tonnes), accounting for X% of total volume. Moreover, ghee production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tonnes), fourfold.

In India, ghee production expanded at an average annual rate of +X% over the period from 2007-2020.

Ghee Exports

Exports in Asia

In 2020, shipments abroad of ghee decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. Total exports indicated a measured expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. The volume of export peaked at X tonnes in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, ghee exports totaled $X in 2020. in general, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. The level of export peaked in 2020 and is expected to retain growth in the near future.

Exports by Country

India represented the main exporter of ghee in Asia, with the volume of exports finishing at X tonnes, which was near X% of total exports in 2020. It was distantly followed by Malaysia (X tonnes), the United Arab Emirates (X tonnes), Saudi Arabia (X tonnes) and Israel (X tonnes), together constituting a X% share of total exports. The following exporters - Viet Nam (X tonnes) and Singapore (X tonnes) - each reached a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to ghee exports from India stood at +X%. at the same time, Saudi Arabia (+X%), Viet Nam (+X%), the United Arab Emirates (+X%), Malaysia (+X%) and Israel (+X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2020. by contrast, Singapore (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.), Saudi Arabia (+X p.p.), Viet Nam (+X p.p.) and the United Arab Emirates (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Singapore (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest ghee supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In India, ghee exports increased at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (+X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

In 2020, the ghee export price in Asia amounted to $X per tonne, picking up by X% against the previous year. Export price indicated a resilient increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2012 when the export price increased by X% y-o-y. The level of export peaked in 2020 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. in 2020, major exporting countries recorded the following prices: in India ($X per tonne) and Saudi Arabia ($X per tonne), while the United Arab Emirates ($X per tonne) and Viet Nam ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

Ghee Imports

Imports in Asia

In 2020, approx. X tonnes of ghee were imported in Asia; falling by -X% on the year before. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, ghee imports fell to $X in 2020. in general, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

China (X tonnes) and the Philippines (X tonnes) represented roughly X% of total imports of ghee in 2020. It was distantly followed by Saudi Arabia (X tonnes), the United Arab Emirates (X tonnes), Malaysia (X tonnes), Thailand (X tonnes), Viet Nam (X tonnes) and Indonesia (X tonnes), together achieving a X% share of total imports. Taiwan (Chinese) (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ghee importing markets in Asia were China ($X), the Philippines ($X) and Saudi Arabia ($X), together accounting for X% of total imports.

China recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the ghee import price in Asia amounted to $X per tonne, dropping by -X% against the previous year. Import price indicated a tangible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, ghee import price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per tonne in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. in 2020, major importing countries recorded the following prices: in the Philippines ($X per tonne) and Viet Nam ($X per tonne), while the United Arab Emirates ($X per tonne) and Malaysia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ghee in Asia?
+
India (3.8M tonnes) constituted the country with the largest volume of ghee consumption, comprising approx. 78% of total volume. Moreover, ghee consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan (876K tonnes), fourfold.
What are the largest producers of ghee in Asia?
+
India (3.8M tonnes) remains the largest ghee producing country in Asia, comprising approx. 80% of total volume. Moreover, ghee production in India exceeded the figures recorded by the second-largest producer, Pakistan (876K tonnes), fourfold.
What are the leading exporters of ghee in Asia?
+
In value terms, India ($81M) remains the largest ghee supplier in Asia, comprising 61% of total exports. The second position in the ranking was occupied by Malaysia ($16M), with a 12% share of total exports. It was followed by the United Arab Emirates, with a 7.1% share.
What are the leading importers of ghee in Asia?
+
In value terms, China ($147M), the Philippines ($120M) and Saudi Arabia ($72M) appeared to be the countries with the highest levels of imports in 2020, together accounting for 47% of total imports.
What is the average export price for ghee in Asia?
+
In 2020, the ghee export price in Asia amounted to $5,958 per tonne, increasing by 11% against the previous year.
What is the average import price for ghee in Asia?
+
The ghee import price in Asia stood at $5,081 per tonne in 2020, waning by -9.9% against the previous year.

Product coverage:
• FCL 887 - Ghee from Cow Milk
• FCL 953 - Ghee, from Buffalo Milk

This report provides an in-depth analysis of the ghee market in Asia. 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 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Imports, in Physical Terms, by Country, 2007–2020
Table 7:
Imports, in Value Terms, by Country, 2007–2020
Table 8:
Import Prices, by Country of Destination, 2007–2020
Table 9:
Exports, in Physical Terms, by Country, 2007–2020
Table 10:
Exports, in Value Terms, by Country, 2007–2020
Table 11:
Export Prices, by Country of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Exports and Growth
Figure 11:
Export Prices and Growth
Figure 12:
Market Size and Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports and Growth
Figure 15:
Import Prices
Figure 16:
Production, in Physical Terms, 2007–2020
Figure 17:
Production, in Value Terms, 2007–2020
Figure 18:
Production, by Country, 2020
Figure 19:
Production, in Physical Terms, by Country, 2007–2020
Figure 20:
Imports, in Physical Terms, 2007–2020
Figure 21:
Imports, in Value Terms, 2007–2020
Figure 22:
Imports, in Physical Terms, by Country, 2020
Figure 23:
Imports, in Physical Terms, by Country, 2007–2020
Figure 24:
Imports, in Value Terms, by Country, 2007–2020
Figure 25:
Import Prices, by Country, 2007–2020
Figure 26:
Exports, in Physical Terms, 2007–2020
Figure 27:
Exports, in Value Terms, 2007–2020
Figure 28:
Exports, in Physical Terms, by Country, 2020
Figure 29:
Exports, in Physical Terms, by Country, 2007–2020
Figure 30:
Exports, in Value Terms, by Country, 2007–2020
Figure 31:
Export Prices, 2007–2020
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