Price for Butter and Other Fats and Oils Derived from Milk in Tunisia - 2022
Contents:
- Price for Butter and Other Fats and Oils Derived from Milk in Tunisia (CIF) - 2022
- Price for Butter and Other Fats and Oils Derived from Milk in Tunisia (FOB) - 2022
- Imports of Butter and Other Fats and Oils Derived from Milk in Tunisia
- Exports of Butter and Other Fats and Oils Derived from Milk in Tunisia
Price for Butter and Other Fats and Oils Derived from Milk in Tunisia (CIF) - 2022
The average import price for butter and other fats and oils derived from milk stood at $5,779 per ton in 2022, rising by 34% against the previous year. Overall, the import price saw a noticeable increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 71% against the previous year. As a result, import price reached the peak level of $7,360 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($7,286 per ton) and Italy ($6,723 per ton), while the price for Turkey ($5,437 per ton) and Argentina ($5,662 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Butter and Other Fats and Oils Derived from Milk in Tunisia (FOB) - 2022
In 2022, the average export price for butter and other fats and oils derived from milk amounted to $4,134 per ton, with an increase of 10% against the previous year. Overall, the export price saw a slight increase. The most prominent rate of growth was recorded in 2019 an increase of 34%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($4,139 per ton), while the average price for exports to Libya stood at $4,065 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Butter and Other Fats and Oils Derived from Milk in Tunisia
In 2022, the amount of butter and other fats and oils derived from milk imported into Tunisia soared to 970 tons, surging by 2,314% against the previous year. Over the period under review, imports, however, showed a drastic downturn.
In value terms, imports of butter and other fats and oils derived from milk surged to $5.6M in 2022. In general, imports, however, saw a abrupt downturn.
| Import of Butter and Other Fats and Oils Derived from Milk in Tunisia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | N/A | N/A | 2,973 | 0% |
| Turkey | N/A | N/A | N/A | 1,359 | 0% |
| Norway | N/A | N/A | N/A | 782 | 0% |
| Netherlands | N/A | N/A | N/A | 321 | 0% |
| Italy | N/A | N/A | N/A | 161 | 0% |
| New Zealand | 478 | N/A | N/A | N/A | 0% |
| Belgium | 451 | N/A | N/A | N/A | 0% |
| Ireland | 2,017 | N/A | 171 | N/A | -70.9% |
| Paraguay | 689 | N/A | N/A | N/A | 0% |
| Poland | 487 | N/A | N/A | N/A | 0% |
| Denmark | 396 | N/A | N/A | N/A | 0% |
| Uruguay | 1,940 | N/A | N/A | N/A | 0% |
| Ukraine | 757 | N/A | N/A | N/A | 0% |
| Others | 314 | N/A | 2.2 | 11.2 | -67.1% |
| Total | 7,530 | N/A | 174 | 5,607 | -9.4% |
Top Suppliers of Butter and Other Fats and Oils Derived from Milk to Tunisia in 2022:
- Argentina (525.0 tons)
- Turkey (250.0 tons)
- Norway (126.0 tons)
- Netherlands (44.0 tons)
- Italy (24.0 tons)
Exports of Butter and Other Fats and Oils Derived from Milk in Tunisia
After two years of decline, overseas shipments of butter and other fats and oils derived from milk decreased by -77.7% to 70 tons in 2022. In general, exports, however, continue to indicate significant growth.
In value terms, exports of butter and other fats and oils derived from milk shrank notably to $289K in 2022. Overall, exports, however, enjoyed significant growth.
| Export of Butter and Other Fats and Oils Derived from Milk in Tunisia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | N/A | N/A | 873 | 271 | -69.0% |
| Libya | N/A | N/A | 88.7 | 17.9 | -79.8% |
| Syrian Arab Republic | N/A | N/A | 40.7 | N/A | 0% |
| Algeria | N/A | N/A | 78.5 | N/A | 0% |
| Qatar | N/A | N/A | 84.6 | N/A | 0% |
| Others | 1.5 | N/A | 11.2 | N/A | 173.3% |
| Total | 1.5 | N/A | 1,177 | 289 | 477.6% |
Top Export Markets for Butter and Other Fats and Oils Derived from Milk from Tunisia in 2022:
- Morocco (65.5 tons)
- Libya (4.4 tons)
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This report provides an in-depth analysis of the butter and ghee market in Tunisia.
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This report provides an in-depth analysis of the ghee market in Tunisia.
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This report provides an in-depth analysis of the butter market in Tunisia.
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This report provides an in-depth analysis of the dairy produce market in Tunisia.
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This report provides an in-depth analysis of the market for butter and dairy spreads in Tunisia.
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This report provides an in-depth analysis of the dairy spread market in Tunisia.
2266
This report provides an in-depth analysis of the global butter and ghee market.
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This report provides an in-depth analysis of the global ghee market.
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This report provides an in-depth analysis of the global butter market.
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This report provides an in-depth analysis of the global dairy produce market.
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Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
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Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
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Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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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.
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The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
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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.
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New Zealand seized control of the butter and ghee market. In 2014, New Zealand exported X thousand tons of butter and ghee totaling X USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total but
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New Zealand continued its dominance in the global ghee trade. In 2014, New Zealand exported X thousand tons of ghee totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total ghee
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The butter market is projected to experience steady growth over the next seven years, driven by increasing demand worldwide. Market performance is expected to see a CAGR of +1.8% in volume and +3.5% in value from 2023 to 2030.
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This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.
