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Germany - Butter And Ghee - Market Analysis, Forecast, Size, Trends and Insights
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View PricingButter and Ghee Price in Germany - 2023
Contents:
- Butter and Ghee Price in Germany (CIF) - 2022
- Butter and Ghee Price in Germany (FOB) - 2022
- Butter and Ghee Imports in Germany
- Butter and Ghee Exports in Germany
Butter and Ghee Price in Germany (CIF) - 2022
In 2022, the average butter and ghee import price amounted to $6,403 per ton, jumping by 39% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 +54.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 44%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($7,374 per ton) and Belgium ($7,085 per ton), while the price for Poland ($6,132 per ton) and Ireland ($6,170 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Butter and Ghee Price in Germany (FOB) - 2022
In 2022, the average butter and ghee export price amounted to $6,839 per ton, jumping by 34% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 +59.9% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($7,743 per ton) and Slovakia ($7,518 per ton), while the average price for exports to the Netherlands ($6,034 per ton) and Denmark ($6,426 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 Denmark (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Butter and Ghee Imports in Germany
In 2022, after three years of growth, there was significant decline in overseas purchases of butter and ghee, when their volume decreased by -29.4% to 144K tons. Overall, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year.
In value terms, butter and ghee imports fell modestly to $923M in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of $940M, and then fell in the following year.
Import of Butter and Ghee in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 278 | 455 | 548 | 569 | 27.0% |
Ireland | 341 | 164 | 220 | 163 | -21.8% |
Belgium | 70.5 | 60.3 | 62.0 | 58.2 | -6.2% |
Poland | 24.5 | 15.1 | 14.3 | 37.6 | 15.3% |
Denmark | 27.1 | 29.0 | 29.5 | 32.4 | 6.1% |
France | 28.4 | 29.5 | 29.3 | 17.7 | -14.6% |
Italy | 32.4 | 26.3 | 13.4 | 12.6 | -27.0% |
Others | 28.3 | 18.8 | 24.2 | 32.1 | 4.3% |
Total | 830 | 798 | 940 | 923 | 3.6% |
Top Suppliers of Butter and Ghee to Germany in 2022:
- Netherlands (90.0K tons)
- Ireland (26.5K tons)
- Belgium (8.2K tons)
- Poland (6.1K tons)
- Denmark (5.1K tons)
- France (2.4K tons)
- Italy (1.8K tons)
Butter and Ghee Exports in Germany
For the third year in a row, Germany recorded decline in overseas shipments of butter and ghee, which decreased by -6.9% to 146K tons in 2022. Overall, exports recorded a noticeable slump. The smallest decline of less than 0.1% was in 2021.
In value terms, butter and ghee exports skyrocketed to $996M in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Butter and Ghee in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 189 | 158 | 204 | 276 | 13.5% |
Austria | 79.8 | 68.9 | 76.5 | 103 | 8.9% |
France | 101 | 62.0 | 61.1 | 96.5 | -1.5% |
Italy | 50.6 | 39.6 | 58.8 | 69.8 | 11.3% |
Poland | 43.8 | 43.7 | 47.7 | 60.6 | 11.4% |
Belgium | 59.0 | 46.5 | 46.3 | 55.5 | -2.0% |
Slovakia | 38.2 | 34.1 | 39.6 | 49.0 | 8.7% |
Czech Republic | 27.7 | 35.6 | 44.1 | 32.4 | 5.4% |
Bulgaria | 22.7 | 23.8 | 28.5 | 31.9 | 12.0% |
Denmark | 18.8 | 11.4 | 17.5 | 27.4 | 13.4% |
Spain | 20.7 | 21.1 | 23.9 | 26.8 | 9.0% |
Romania | 11.2 | 11.8 | 18.6 | 19.3 | 19.9% |
Others | 125 | 112 | 132 | 148 | 5.8% |
Total | 788 | 669 | 799 | 996 | 8.1% |
Top Export Markets for Butter and Ghee from Germany in 2022:
- Netherlands (45.7K tons)
- France (13.9K tons)
- Austria (13.9K tons)
- Italy (9.0K tons)
- Poland (8.9K tons)
- Belgium (7.6K tons)
- Slovakia (6.5K tons)
- Bulgaria (4.5K tons)
- Czech Republic (4.4K tons)
- Denmark (4.3K tons)
- Spain (3.7K tons)
- Romania (2.7K tons)
This report provides an in-depth analysis of the butter and ghee market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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 Germany.
This report provides an in-depth analysis of the ghee market in Germany.
This report provides an in-depth analysis of the butter market in Germany.
This report provides an in-depth analysis of the dairy produce market in Germany.
This report provides an in-depth analysis of the market for butter and dairy spreads in Germany.
This report provides an in-depth analysis of the dairy spread market in Germany.
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.
The pace of growth for Butter And Ghee imports was most rapid in February 2023, increasing by 87% compared to the previous month. In December 2023, the value of butter and ghee imports dramatically dropped to $63M.
In July 2022, the ghee price per ton amounted to $8.9K (FOB, Germany), increasing by 4.5% against the previous month.
The price of Butter in June 2023 was $6,223 per ton (CIF, Germany), which remained unchanged from the previous month.
In August 2022, the dairy produce price amounted to $3,055 per ton (FOB, Germany), increasing by 1.6% 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.