Poland - Butter And Ghee - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Poland - Butter And Ghee - Market Analysis, Forecast, Size, Trends and Insights

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Butter and Ghee Price in Poland - 2023

Contents:

  1. Butter and Ghee Price in Poland (FOB) - 2022
  2. Butter and Ghee Price in Poland (CIF) - 2022
  3. Butter and Ghee Exports in Poland
  4. Butter and Ghee Imports in Poland

Butter and Ghee Price in Poland (FOB) - 2022

The average butter and ghee export price stood at $6,697 per ton in 2022, rising by 33% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% 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 +70.5% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 56% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Bulgaria ($7,621 per ton) and Slovakia ($6,945 per ton), while the average price for exports to Germany ($5,795 per ton) and Latvia ($6,280 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 Netherlands (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Butter and Ghee Price in Poland (CIF) - 2022

The average butter and ghee import price stood at $5,725 per ton in 2022, with an increase of 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2017 an increase of 48% against the previous year. The import price peaked at $6,459 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($6,604 per ton), while the price for Denmark ($3,022 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Butter and Ghee Exports in Poland

In 2022, exports of butter and ghee from Poland surged to 74K tons, picking up by 50% on 2021. The total export volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, butter and ghee exports surged to $497M in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Butter and Ghee in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic50.842.760.093.622.6%
Netherlands26.520.516.967.236.4%
France16.25.98.264.258.2%
Germany28.213.814.043.815.8%
Romania20.723.525.539.323.8%
Slovakia21.620.124.830.311.9%
Lithuania16.416.317.027.819.2%
Belgium3.02.92.321.592.8%
Latvia10.38.513.719.924.5%
Italy7.66.18.711.213.8%
Hungary7.14.95.99.39.4%
Serbia10.03.97.58.2-6.4%
United Kingdom6.66.57.07.54.4%
Others39.755.537.053.010.1%
Total26423124849723.5%

Top Export Markets for Butter and Ghee from Poland in 2022:

  1. Czech Republic (13.5K tons)
  2. Netherlands (9.8K tons)
  3. France (9.5K tons)
  4. Germany (7.6K tons)
  5. Romania (5.8K tons)
  6. Slovakia (4.4K tons)
  7. Lithuania (4.0K tons)
  8. Belgium (3.4K tons)
  9. Latvia (3.2K tons)
  10. Italy (1.7K tons)
  11. Serbia (1.5K tons)
  12. Hungary (1.3K tons)
  13. United Kingdom (1.0K tons)

Butter and Ghee Imports in Poland

After three years of growth, purchases abroad of butter and ghee decreased by -0.6% to 32K tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. As a result, imports reached the peak of 32K tons, leveling off in the following year.

In value terms, butter and ghee imports skyrocketed to $182M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Butter and Ghee in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany30.529.638.638.58.1%
Netherlands35.323.140.936.61.2%
Ukraine0.9N/A0.233.4233.6%
Belgium3.54.716.327.598.8%
Ireland6.77.210.210.415.8%
Finland2.64.69.99.352.9%
Denmark4.35.28.37.218.7%
United Kingdom5.48.43.20.5-54.8%
Others8.813.427.018.929.0%
Total97.996.215518223.0%

Top Suppliers of Butter and Ghee to Poland in 2022:

  1. Germany (6.2K tons)
  2. Netherlands (6.1K tons)
  3. Ukraine (5.5K tons)
  4. Belgium (5.2K tons)
  5. Denmark (2.4K tons)
  6. Ireland (1.8K tons)
  7. Finland (1.6K tons)
  8. United Kingdom (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the butter and ghee market in Poland. 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:

  • Poland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Poland
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Butter And Ghee - Poland