Southern Asia: Market for Buttermilk And Buttermilk Powder 2024

Market Size for Buttermilk And Buttermilk Powder in Southern Asia

The South Asian buttermilk and buttermilk powder market reduced slightly to $X in 2022, stabilizing at the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Buttermilk And Buttermilk Powder in Southern Asia

In value terms, buttermilk and buttermilk powder production reduced slightly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Buttermilk And Buttermilk Powder

Exports in Southern Asia

For the third year in a row, Southern Asia recorded decline in shipments abroad of buttermilk and buttermilk powder, which decreased by X% to X tons in 2022. Overall, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, buttermilk and buttermilk powder exports declined to $X in 2022. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

India (X tons) and Pakistan (X tons) prevails in exports structure, together constituting X% of total exports. It was distantly followed by Bangladesh (X tons), mixing up an X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Bangladesh (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest buttermilk and buttermilk powder supplying countries in Southern Asia were Pakistan ($X), India ($X) and Bangladesh ($X), with a combined X% share of total exports.

Bangladesh, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced a decline in the export price figures.

Imports of Buttermilk And Buttermilk Powder

Imports in Southern Asia

After three years of growth, overseas purchases of buttermilk and buttermilk powder decreased by X% to X tons in 2022. Overall, imports, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then dropped remarkably in the following year.

In value terms, buttermilk and buttermilk powder imports reduced remarkably to $X in 2022. In general, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Afghanistan prevails in imports structure, reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Bangladesh (X tons), constituting a X% share of total imports.

Afghanistan was also the fastest-growing in terms of the buttermilk and buttermilk powder imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) displayed positive paces of growth. From 2012 to 2022, the share of Afghanistan increased by X percentage points.

In value terms, Afghanistan ($X) constitutes the largest market for imported buttermilk and buttermilk powder in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Afghanistan amounted to X%.

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while Afghanistan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%).

Source: IndexBox Platform

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