France - Butter And Ghee - Market Analysis, Forecast, Size, Trends and Insights
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View PricingButter and Ghee Price in France - 2023
Contents:
- Butter and Ghee Price in France (CIF) - 2022
- Butter and Ghee Price in France (FOB) - 2022
- Butter and Ghee Imports in France
- Butter and Ghee Exports in France
Butter and Ghee Price in France (CIF) - 2022
In 2022, the average butter and ghee import price amounted to $6,821 per ton, with an increase of 42% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butter and ghee import price increased by +65.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 55% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($7,867 per ton) and the UK ($7,118 per ton), while the price for New Zealand ($6,290 per ton) and Finland ($6,487 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Butter and Ghee Price in France (FOB) - 2022
The average butter and ghee export price stood at $7,623 per ton in 2022, picking up by 20% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, butter and ghee export price increased by +32.4% against 2020 indices. The growth pace was the most rapid in 2017 when the average export price increased by 35% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Saudi Arabia ($8,562 per ton) and the United States ($8,529 per ton), while the average price for exports to Spain ($6,948 per ton) and Belgium ($7,004 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Butter and Ghee Imports in France
In 2022, imports of butter and ghee into France expanded rapidly to 237K tons, with an increase of 9.7% against the year before. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, butter and ghee imports skyrocketed to $1.6B in 2022. Overall, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Butter and Ghee in France (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 315 | 336 | 431 | 642 | 26.8% |
Belgium | 280 | 261 | 287 | 415 | 14.0% |
Ireland | 123 | 73.7 | 109 | 181 | 13.7% |
Germany | 126 | 48.4 | 52.0 | 89.7 | -10.7% |
United Kingdom | 30.7 | 9.6 | 32.1 | 54.6 | 21.2% |
Poland | 29.9 | 9.5 | 11.5 | 54.2 | 21.9% |
Finland | 56.6 | 30.9 | 34.9 | 48.5 | -5.0% |
Others | 93.0 | 58.6 | 77.0 | 133 | 12.7% |
Total | 1,055 | 828 | 1,035 | 1,617 | 15.3% |
Top Suppliers of Butter and Ghee to France in 2022:
- Netherlands (95.2K tons)
- Belgium (59.9K tons)
- Ireland (27.6K tons)
- Germany (12.6K tons)
- Poland (8.1K tons)
- United Kingdom (7.7K tons)
- Finland (7.5K tons)
Butter and Ghee Exports in France
In 2022, approx. 100K tons of butter and ghee were exported from France; remaining stable against the year before. The total export volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 9.2%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, butter and ghee exports soared to $763M in 2022. The total export value increased at an average annual rate of +10.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Butter and Ghee in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 74.9 | 65.4 | 93.5 | 127 | 19.2% |
South Korea | 24.5 | 32.6 | 53.4 | 59.6 | 34.5% |
Netherlands | 27.2 | 28.8 | 30.6 | 51.9 | 24.0% |
United Kingdom | 44.7 | 37.9 | 39.2 | 45.5 | 0.6% |
China | 36.4 | 39.6 | 36.9 | 45.5 | 7.7% |
Italy | 51.3 | 27.0 | 44.7 | 41.6 | -6.7% |
Spain | 21.8 | 19.6 | 30.2 | 35.7 | 17.9% |
Taiwan (Chinese) | 21.0 | 17.9 | 23.5 | 28.1 | 10.2% |
Saudi Arabia | 18.9 | 20.0 | 20.5 | 23.8 | 8.0% |
United States | 13.6 | 12.3 | 17.5 | 20.2 | 14.1% |
Germany | 29.4 | 30.6 | 29.2 | 19.1 | -13.4% |
Japan | 16.1 | 17.6 | 15.0 | 16.7 | 1.2% |
United Arab Emirates | 9.1 | 6.3 | 10.0 | 15.7 | 19.9% |
Others | 180 | 172 | 194 | 233 | 9.0% |
Total | 569 | 528 | 638 | 763 | 10.3% |
Top Export Markets for Butter and Ghee from France in 2022:
- Belgium (18.1K tons)
- South Korea (7.1K tons)
- Netherlands (6.9K tons)
- United Kingdom (6.1K tons)
- China (5.5K tons)
- Italy (5.4K tons)
- Spain (5.1K tons)
- Taiwan (Chinese) (3.6K tons)
- Saudi Arabia (2.8K tons)
- Germany (2.5K tons)
- United States (2.4K tons)
- Japan (2.0K tons)
- United Arab Emirates (1.9K tons)
This report provides an in-depth analysis of the butter and ghee market in France. 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.
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
Country coverage:
- France
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in France
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the butter and ghee market in France.
This report provides an in-depth analysis of the ghee market in France.
This report provides an in-depth analysis of the butter market in France.
This report provides an in-depth analysis of the dairy produce market in France.
This report provides an in-depth analysis of the market for butter and dairy spreads in France.
This report provides an in-depth analysis of the dairy spread market in France.
This report provides an in-depth analysis of the global butter and ghee market.
This report provides an in-depth analysis of the global ghee market.
This report provides an in-depth analysis of the global butter market.
This report provides an in-depth analysis of the global dairy produce market.
In April 2023, the Ghee price reached $7,248 per ton (CIF, France), showing a decrease of 7.3% compared to the previous month.
The most significant growth rate was observed in May 2023, with butter imports increasing by 16% month-to-month. However, in October 2023, butter imports saw a notable decline in value, dropping to $104K.
In August 2022, the butter price stood at $8,003 per ton (CIF, France), growing by 3.4% against the previous month.
In January 2023, the dairy spread price stood at $6,625 per ton (FOB, France), increasing by 30% against the previous month.
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.