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South Africa - Butter And Ghee - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Butter And Ghee Market Overview 2020

Butter And Ghee Market Size in South Africa

The revenue of the butter and ghee market in South Africa amounted to $X in 2018, going up by X% against the previous year. In general, butter and ghee consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 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 see steady growth in the near future.

Butter And Ghee Production in South Africa

In value terms, butter and ghee production totaled $X in 2018 estimated in export prices. In general, the total output indicated a prominent increase 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 production increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, butter and ghee production reached its peak figure level in 2018 and is likely to continue its growth in the immediate term.

Butter And Ghee Exports

Exports from South Africa

In 2018, approx. X tonnes of butter and ghee were exported from South Africa; dropping by -X% against the previous year. Over the period under review, butter and ghee exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, butter and ghee exports attained their peak figure at X tonnes in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, butter and ghee exports stood at $X in 2018. Over the period under review, butter and ghee exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Over the period under review, butter and ghee exports attained their maximum at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

Namibia (X tonnes) was the main destination for butter and ghee exports from South Africa, accounting for a X% share of total exports. Moreover, butter and ghee exports to Namibia exceeded the volume sent to the second major destination, Mozambique (X tonnes), twofold. Botswana (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Namibia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+X% per year) and Botswana (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value to Namibia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+X% per year) and Mauritius (+X% per year).

Export Prices by Country

In 2018, the average butter and ghee export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price indicated a strong increase from 2007 to 2018: its price 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 export price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% year-to-year. The export price peaked in 2018 and is likely to see steady growth in the immediate term.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Zambia, while the prices for the other major destinations experienced more modest paces of growth.

Butter And Ghee Imports

Imports into South Africa

In 2018, the imports of butter and ghee into South Africa totaled X tonnes, picking up by X% against the previous year. Over the period under review, butter and ghee imports continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, butter and ghee imports amounted to $X in 2018. Overall, butter and ghee imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, butter and ghee imports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

New Zealand (X tonnes), Ireland (X tonnes) and the UK (X tonnes) were the main suppliers of butter and ghee imports to South Africa, with a combined X% share of total imports. Denmark, Uruguay and Argentina lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Argentina, while the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Ireland ($X) and Denmark ($X) appeared to be the largest butter and ghee suppliers to South Africa, together accounting for X% of total imports. These countries were followed by the UK, Uruguay and Argentina, which together accounted for a further X terms of the main suppliers, Uruguay experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average butter and ghee import price amounted to $X per tonne, surging by X% against the previous year. In general, the import price indicated strong growth from 2007 to 2018: its price 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 import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2018 and is likely to continue its growth in the near future.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers 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 South Africa. 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:
• South Africa

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in South Africa
• 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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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