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U.S. - Ghee - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Ghee Market Overview 2021

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Ghee Market Size in the U.S.

In 2019, the U.S. ghee market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. Ghee consumption peaked at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Ghee Production in the U.S.

In value terms, ghee production expanded modestly to $X in 2019. Over the period under review, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.

Ghee Exports

Exports from the U.S.

In 2019, the amount of ghee exported from the U.S. shrank sharply to X tonnes, waning by -X% on 2018. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes, and then dropped sharply in the following year.

In value terms, ghee exports reduced remarkably to $X in 2019. Overall, exports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Canada (X tonnes) was the main destination for ghee exports from the U.S., accounting for a X% share of total exports. Moreover, ghee exports to Canada exceeded the volume sent to the second major destination, Mexico (X tonnes), threefold. The third position in this ranking was occupied by Colombia (X tonnes), with a X% share.

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

In value terms, Canada ($X) emerged as the key foreign market for ghee exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Canada amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-X% per year) and Colombia (+X% per year).

Export Prices by Country

The average ghee export price stood at $X per tonne in 2019, growing by X% against the previous year. Over the period under review, the export price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2019, export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2019, the highest prices were recorded for prices to Colombia ($X per tonne) and Saudi Arabia ($X per tonne), while the average price for exports to Canada ($X per tonne) and China ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia, while the prices for the other major destinations experienced a decline.

Ghee Imports

Imports into the U.S.

In 2019, ghee imports into the U.S. shrank modestly to X tonnes, which is down by -X% compared with the year before. In general, imports showed a mild decline. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2016; however, from 2017 to 2019, imports remained at a lower figure.

In value terms, ghee imports expanded markedly to $X in 2019. Over the period under review, imports showed strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in years to come.

Imports by Country

Mexico (X tonnes), New Zealand (X tonnes) and Chile (X tonnes) were the main suppliers of ghee imports to the U.S., together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in Chile (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), New Zealand ($X) and Chile ($X) appeared to be the largest ghee suppliers to the U.S., with a combined X% share of total imports.

Among the main suppliers, Chile (+X% per year) 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 ghee import price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the import price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average import prices hit record highs in 2019 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per tonne), while the price for New Zealand ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Mexico, 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 ghee in the world?
+
India (3.7M tonnes) constituted the country with the largest volume of ghee consumption, accounting for 73% of total volume. Moreover, ghee consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan (850K tonnes), fourfold.
What are the largest producers of ghee in the world?
+
The country with the largest volume of ghee production was India (3.7M tonnes), accounting for 73% of total volume. Moreover, ghee production in India exceeded the figures recorded by the second-largest producer, Pakistan (850K tonnes), fourfold.
What are the leading suppliers of ghee to the U.S.?
+
In value terms, Mexico ($50M), New Zealand ($25M) and Chile ($7.3M) appeared to be the largest ghee suppliers to the U.S., with a combined 82% share of total imports.
What are the leading importers of ghee from the U.S.?
+
In value terms, Canada ($11M) emerged as the key foreign market for ghee exports from the U.S., comprising 52% of total exports. The second position in the ranking was occupied by Mexico ($4.3M), with a 21% share of total exports. It was followed by Colombia, with a 14% share.
What is the average export price for ghee in the U.S.?
+
The average ghee export price stood at $1,867 per tonne in 2019, increasing by 5.6% against the previous year.
What is the average import price for ghee in the U.S.?
+
In 2019, the average ghee import price amounted to $7,251 per tonne, with an increase of 11% 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 the U.S.. 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:
• USA

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