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Italy - Butter And Ghee - Market Analysis, Forecast, Size, Trends and Insights
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Italy: Butter And Ghee Market Overview 2021

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Butter And Ghee Market Size in Italy

In 2019, after two years of growth, there was significant decline in the Italian butter and ghee market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Butter and ghee consumption peaked at $X in 2018, and then fell in the following year.

Butter And Ghee Production in Italy

In value terms, butter and ghee production dropped to $X in 2019 estimated in export prices. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% y-o-y. Butter and ghee production peaked at $X in 2018, and then dropped in the following year.

Butter And Ghee Exports

Exports from Italy

In 2019, overseas shipments of butter and ghee increased by X% to X tonnes, rising for the second consecutive year after two years of decline. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, butter and ghee exports reached $X in 2019. Overall, exports, however, saw a measured expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum in 2019 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tonnes) was the main destination for butter and ghee exports from Italy, with a X% share of total exports. Moreover, butter and ghee exports to Germany exceeded the volume sent to the second major destination, Spain (X tonnes), threefold. Greece (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-X% per year) and Greece (+X% per year).

In value terms, Germany ($X) remains the key foreign market for butter and ghee exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by Spain ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-X% per year) and Greece (+X% per year).

Export Prices by Country

The average butter and ghee export price stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the period under review, export price indicated a notable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2018, and then declined in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Butter And Ghee Imports

Imports into Italy

In 2019, overseas purchases of butter and ghee increased by X% to X tonnes, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2011 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, butter and ghee imports fell notably to $X in 2019. Over the period under review, total imports indicated a notable expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2018, and then reduced sharply in the following year.

Imports by Country

The Netherlands (X tonnes), Belgium (X tonnes) and France (X tonnes) were the main suppliers of butter and ghee imports to Italy, with a combined X% share of total imports. Germany, Spain, the UK and Poland lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Poland, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and France ($X) were the largest butter and ghee suppliers to Italy, together accounting for X% of total imports. Germany, Spain, the UK and Poland lagged somewhat behind, together comprising a further X the main suppliers, Poland recorded 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

In 2019, the average butter and ghee import price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. The import price peaked at $X per tonne in 2018, and then declined markedly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2019, the highest prices were recorded for prices from the UK ($X per tonne) and France ($X per tonne), while the price for the Netherlands ($X per tonne) and Poland ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for butter and ghee in the world?
+
The country with the largest volume of butter and ghee consumption was India (4.6M tonnes), accounting for 39% of total volume. Moreover, butter and ghee consumption in India exceeded the figures recorded by the second-largest consumer, the U.S. (991K tonnes), fivefold. Pakistan (853K tonnes) ranked third in terms of total consumption with a 7.3% share.
What are the largest producers of butter and ghee in the world?
+
India (4.6M tonnes) remains the largest butter and ghee producing country worldwide, comprising approx. 39% of total volume. Moreover, butter and ghee production in India exceeded the figures recorded by the second-largest producer, the U.S. (967K tonnes), fivefold. The third position in this ranking was occupied by Pakistan (852K tonnes), with a 7.2% share.
What are the leading suppliers of butter and ghee to Italy?
+
In value terms, the Netherlands ($80M), Belgium ($72M) and France ($51M) constituted the largest butter and ghee suppliers to Italy, with a combined 56% share of total imports. Germany, Spain, the UK and Poland lagged somewhat behind, together accounting for a further 38%.
What are the leading importers of butter and ghee from Italy?
+
In value terms, Germany ($35M) remains the key foreign market for butter and ghee exports from Italy, comprising 46% of total exports. The second position in the ranking was occupied by Spain ($6.7M), with a 8.9% share of total exports. It was followed by Greece, with a 4.9% share.
What is the average export price for butter and ghee in Italy?
+
The average butter and ghee export price stood at $5,871 per tonne in 2019, falling by -8.5% against the previous year.
What is the average import price for butter and ghee in Italy?
+
The average butter and ghee import price stood at $5,158 per tonne in 2019, dropping by -21.8% against the previous year.

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 Italy. 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:
• Italy

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