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United Kingdom - Ghee - Market Analysis, Forecast, Size, Trends and Insights
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United Kingdom: Ghee Market Overview 2021

Ghee Market Size in the UK

The UK ghee market was finally on the rise to reach $X in 2020, after three years of decline. In general, consumption posted a buoyant expansion. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Ghee Production in the UK

In value terms, ghee production contracted to $X in 2020 estimated in export prices. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Ghee production peaked at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Ghee Exports

Exports from the UK

After two years of growth, shipments abroad of ghee decreased by -X% to X tonnes in 2020. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2019, and then contracted in the following year.

In value terms, ghee exports fell significantly to $X in 2020. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes), Belgium (X tonnes) and Italy (X tonnes) were the main destinations of ghee exports from the UK, together accounting for X% of total exports. Germany, Poland, Spain, Lithuania and Ireland lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Lithuania (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Italy ($X) appeared to be the largest markets for ghee exported from the UK worldwide, together comprising X% of total exports. Germany, Spain, Poland, Lithuania and Ireland lagged somewhat behind, together comprising a further X the main countries of destination, Lithuania (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ghee export price stood at $X per tonne in 2020, reducing by -X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major overseas markets. In 2020, the countries with the highest prices were Spain ($X per tonne) and Lithuania ($X per tonne), while the average price for exports to Italy ($X per tonne) and Belgium ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Ghee Imports

Imports into the UK

In 2020, purchases abroad of ghee increased by X% to X tonnes, rising for the second year in a row after two years of decline. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, ghee imports contracted to $X in 2020. Over the period under review, imports saw notable growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Ireland (X tonnes), the Netherlands (X tonnes) and Belgium (X tonnes) were the main suppliers of ghee imports to the UK, together comprising X% of total imports. France and Poland lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Poland, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ghee suppliers to the UK were the Netherlands ($X), Ireland ($X) and Belgium ($X), together accounting for X% of total imports.

Among the main suppliers, Ireland recorded the highest rates of growth with regard to 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 2020, the average ghee import price amounted to $X per tonne, falling by -X% against the previous year. In general, the import price saw a mild shrinkage. The growth pace was the most rapid in 2010 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ghee in the world?
+
India (3.8M tonnes) constituted the country with the largest volume of ghee consumption, accounting for 74% of total volume. Moreover, ghee consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan (876K tonnes), fourfold.
What are the largest producers of ghee in the world?
+
India (3.8M tonnes) remains the largest ghee producing country worldwide, comprising approx. 73% of total volume. Moreover, ghee production in India exceeded the figures recorded by the second-largest producer, Pakistan (876K tonnes), fourfold.
What are the leading suppliers of ghee to the UK?
+
In value terms, the largest ghee suppliers to the UK were the Netherlands ($12M), Ireland ($6.9M) and Belgium ($5.7M), together comprising 91% of total imports.
What are the leading importers of ghee from the UK?
+
In value terms, the largest markets for ghee exported from the UK were the Netherlands ($23M), Belgium ($21M) and Italy ($21M), together comprising 71% of total exports. Germany, Spain, Poland, Lithuania and Ireland lagged somewhat behind, together accounting for a further 18%.
What is the average export price for ghee in the UK?
+
In 2020, the average ghee export price amounted to $4,751 per tonne, dropping by -16.1% against the previous year.
What is the average import price for ghee in the UK?
+
In 2020, the average ghee import price amounted to $4,060 per tonne, which is down by -21% 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 UK. 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:
• United Kingdom

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

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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