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Eritrea - Butter And Ghee - Market Analysis, Forecast, Size, Trends and Insights
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Eritrea: Butter And Ghee Market Overview 2020

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Butter And Ghee Market Size in Eritrea

The revenue of the butter and ghee market in Eritrea amounted to $X in 2018, growing by X% against the previous year. Overall, the total market indicated prominent growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, butter and ghee consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2013 when the market value increased by X% year-to-year. Over the period under review, the butter and ghee market attained its peak figure level in 2018 and is likely to continue its growth in the near future.

Butter And Ghee Production in Eritrea

In value terms, butter and ghee production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, butter and ghee production increased by +X% against 2015 indices. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, butter and ghee production attained its maximum level in 2018 and is likely to continue its growth in the immediate term.

Butter And Ghee Exports

Exports from Eritrea

In 2018, approx. X kg of butter and ghee were exported from Eritrea; flattening at the previous year. Over the period under review, butter and ghee exports continue to indicate a relatively flat trend pattern. Over the period under review, butter and ghee exports reached their maximum at X kg in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

In value terms, butter and ghee exports amounted to $X in 2018. Overall, butter and ghee exports continue to indicate a relatively flat trend pattern. Over the period under review, butter and ghee exports reached their peak figure at $X in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, New Zealand (X tonnes), distantly followed by the Netherlands (X tonnes), Ireland (X tonnes), Belgium (X tonnes), Germany (X tonnes), France (X tonnes) and Belarus (X tonnes) were the major exporters of butter and ghee, together constituting X% of total exports. The following exporters - Poland (X tonnes), the UK (X tonnes), Denmark (X tonnes), the U.S. (X tonnes) and Finland (X tonnes) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, the largest butter and ghee markets from Eritrea were New Zealand ($X), the Netherlands ($X) and Ireland ($X), together accounting for X% of total exports. Belgium, Germany, France, Belarus, Poland, Denmark, the UK, the U.S. and Finland lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the butter and ghee export price in Eritrea amounted to $X per tonne, therefore, remained relatively stable against the previous year. In general, the butter and ghee export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for butter and ghee attained their maximum at $X per tonne in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per tonne), while the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by New Zealand, while the other leaders experienced more modest paces of growth.

Butter And Ghee Imports

Imports into Eritrea

In 2018, the imports of butter and ghee into Eritrea amounted to X tonnes, jumping by X% against the previous year. Overall, butter and ghee imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, butter and ghee imports attained their maximum at X tonnes in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

In value terms, butter and ghee imports amounted to $X in 2018. Overall, butter and ghee imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. In that year, butter and ghee imports attained their peak of $X. From 2014 to 2018, the growth of butter and ghee imports remained at a somewhat lower figure.

Imports by Country

France (X tonnes), the Netherlands (X tonnes), Germany (X tonnes), Belgium (X tonnes), Russia (X tonnes), China (X tonnes), the UK (X tonnes), Italy (X tonnes), Saudi Arabia (X tonnes), the U.S. (X tonnes), Indonesia (X tonnes) and Mexico (X tonnes) represented roughly X% of total imports of butter and ghee in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the largest butter and ghee importing markets into Eritrea were France ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total imports. These countries were followed by Belgium, Russia, China, the UK, Italy, the U.S., Saudi Arabia, Mexico, Indonesia and Eritrea, which together accounted for a further X terms of the main importing countries, China experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The butter and ghee import price in Eritrea stood at $X per tonne in 2018, going up by X% against the previous year. Over the period under review, the butter and ghee import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. In that year, the import prices for butter and ghee reached their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the import prices for butter and ghee remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Italy ($X per tonne), while Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

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
• FCL 887 - Ghee from Cow Milk
• FCL 953 - Ghee, from Buffalo Milk

This report provides an in-depth analysis of the butter and ghee market in Eritrea. 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.


Country coverage:
• Eritrea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Eritrea
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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