Latest Report Update: Dec 24, 2021

China - Ghee - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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China: Ghee Market Overview 2021

Ghee Market Size in China

The Chinese ghee market soared to $X in 2020, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed significant growth. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Ghee consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Ghee Exports

Exports from China

For the third consecutive year, China recorded decline in overseas shipments of ghee, which decreased by -X% to X tonnes in 2020. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. from 2015 to 2020, the growth exports remained at a lower figure.

In value terms, ghee exports reduced remarkably to $X in 2020. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Guatemala (X tonnes), the Philippines (X tonnes) and Hong Kong SAR (X tonnes) were the main destinations of ghee exports from China, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala, while exports for the other leaders experienced mixed trend patterns.

In value terms, Guatemala ($X), Hong Kong SAR ($X) and the Philippines ($X) were the largest markets for ghee exported from China worldwide, together accounting for X% of total exports.

Among the main countries of destination, Guatemala recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average ghee export price amounted to $X per tonne, leveling off at the previous year. in general, export price indicated mild growth 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. Based on 2020 figures, ghee export price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of X% y-o-y. The export price peaked at $X per tonne in 2017; however, from 2018 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. in 2020, the country with the highest price was Bangladesh ($X per tonne), while the average price for exports to the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to South Korea, while the prices for the other major destinations experienced more modest paces of growth.

Ghee Imports

Imports into China

In 2020, imports of ghee into China surged to X tonnes, increasing by X% compared with 2019 figures. in general, imports recorded a resilient increase. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in years to come.

In value terms, ghee imports stood at $X in 2020. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, New Zealand (X tonnes) was the main ghee supplier to China, accounting for a X% share of total imports. It was followed by the U.S. (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from New Zealand amounted to +X%.

In value terms, New Zealand ($X) constituted the largest supplier of ghee to China, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from New Zealand stood at +X%.

Import Prices by Country

In 2020, the average ghee import price amounted to $X per tonne, with a decrease of -X% against the previous year. Overall, the import price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. in 2020, the country with the highest price was New Zealand ($X per tonne), while the price for the U.S. totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ghee in the world?
+
India (3.8M tonnes) constituted the country with the largest volume of ghee consumption, accounting for 74% 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 the world?
+
India (3.8M tonnes) remains the largest ghee producing country worldwide, comprising approx. 73% 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 suppliers of ghee to China?
+
In value terms, New Zealand ($138M) constituted the largest supplier of ghee to China, comprising 94% of total imports. The second position in the ranking was occupied by the U.S. ($2.5M), with a 1.7% share of total imports.
What are the leading importers of ghee from China?
+
In value terms, the largest markets for ghee exported from China were Guatemala ($191K), Hong Kong SAR ($122K) and the Philippines ($109K), with a combined 80% share of total exports.
What is the average export price for ghee in China?
+
The average ghee export price stood at $4,406 per tonne in 2020, leveling off at the previous year.
What is the average import price for ghee in China?
+
The average ghee import price stood at $4,908 per tonne in 2020, reducing by -15.6% 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 China. 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:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 in 2007–2020
Table 5:
Imports, in Physical Terms, by Country, 2007–2020
Table 6:
Imports, in Value Terms, by Country, 2007–2020
Table 7:
Import Prices, by Country of Origin, 2007–2020
Table 8:
Exports, in Physical Terms, by Country, 2007–2020
Table 9:
Exports, in Value Terms, by Country, 2007–2020
Table 10:
Export Prices, by Country of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, in Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, in Value Terms, 2007–2020
Figure 5:
Trade Balance, in Physical Terms, 2007–2020
Figure 6:
Trade Balance, in Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast to 2030
Figure 9:
Products: Market Size and Growth, by Type
Figure 10:
Products: Average Per Capita Consumption, by Type
Figure 11:
Products: Exports and Growth, by Type
Figure 12:
Products: Export Prices and Growth, by Type
Figure 13:
Production Volume and Growth
Figure 14:
Exports and Growth
Figure 15:
Export Prices and Growth
Figure 16:
Market Size and Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports and Growth
Figure 19:
Import Prices
Figure 20:
Production, in Physical Terms, 2007–2020
Figure 21:
Production, in Value Terms, 2007–2020
Figure 22:
Imports, in Physical Terms, 2007–2020
Figure 23:
Imports, in Value Terms, 2007–2020
Figure 24:
Imports, in Physical Terms, by Country, 2020
Figure 25:
Imports, in Physical Terms, by Country, 2007–2020
Figure 26:
Imports, in Value Terms, by Country, 2007–2020
Figure 27:
Import Prices, by Country of Origin, 2007–2020
Figure 28:
Exports, in Physical Terms, 2007–2020
Figure 29:
Exports, in Value Terms, 2007–2020
Figure 30:
Exports, in Physical Terms, by Country, 2020
Figure 31:
Exports, in Physical Terms, by Country, 2007–2020
Figure 32:
Exports, in Value Terms, by Country, 2007–2020
Figure 33:
Export Prices, by Country of Destination, 2007–2020
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