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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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Article Publishing Date: Jan 30, 2024

Poland's September 2023 Butter and Ghee Exports Dive 22% to $23M

Poland Butter And Ghee Exports

In September 2023, the amount of butter and ghee exported from Poland shrank significantly to 4.1K tons, which is down by -26.2% on August 2023. Overall, exports continue to indicate a pronounced curtailment. The growth pace was the most rapid in January 2023 with an increase of 104% against the previous month.

In value terms, butter and ghee exports shrank notably to $23M (IndexBox estimates) in September 2023. Over the period under review, exports showed a perceptible descent. The most prominent rate of growth was recorded in January 2023 when exports increased by 69% against the previous month. As a result, the exports attained the peak of $44M. From February 2023 to September 2023, the growth of the exports remained at a lower figure.Poland Butter And Ghee Exports By Country (Million USD)

COUNTRYExport Value of Butter And Ghee in Poland (million USD)
Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023
Czech Republic9.49.617.17.910.39.26.83.46.34.65.46.85.9
Romania3.55.64.04.03.82.43.13.23.61.91.92.73.0
Slovakia2.63.45.44.33.81.33.22.01.92.12.71.72.8
France5.92.30.9< 0.13.34.23.43.04.22.51.11.71.4
Netherlands4.51.50.90.55.36.79.04.16.86.11.50.51.3
BahrainN/AN/A< 0.1N/AN/AN/AN/A2.93.75.55.66.60.6
Germany1.92.21.20.93.53.83.93.43.02.71.92.10.5
Others10.68.87.08.714.414.514.314.013.513.09.07.67.7
Total38.433.436.626.344.542.143.636.043.038.329.129.723.1

Exports by Country

The Czech Republic (1.1K tons), Romania (558 tons) and Slovakia (472 tons) were the main destinations of butter and ghee exports from Poland, with a combined 51% share of total exports. France, the Netherlands, Bahrain and Germany lagged somewhat behind, together accounting for a further 17%.

From September 2022 to September 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bahrain (with a CAGR of +42.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for butter and ghee exported from Poland were the Czech Republic ($5.9M), Romania ($3M) and Slovakia ($2.8M), together comprising 51% of total exports. These countries were followed by France, the Netherlands, Bahrain and Germany, which together accounted for a further 16%.

In terms of the main countries of destination, Bahrain, with a CAGR of +51.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Exports by Type

Butter and dairy spreads (3.7K tons) was the largest type of butter and ghee exported from Poland, with a 91% share of total exports. Moreover, butter and dairy spreads exceeded the volume of the second product type, ghee (368 tons), tenfold.

From September 2022 to September 2023, the average monthly rate of growth in terms of the volume of export of butter and dairy spreads totaled -3.1%.

In value terms, butter and dairy spreads ($21M) remains the largest type of butter and ghee exported from Poland, comprising 90% of total exports. The second position in the ranking was held by ghee ($2.4M), with a 10% share of total exports.

From September 2022 to September 2023, the average monthly rate of growth in terms of the export volume of butter and dairy spreads stood at -4.6%.

Export Prices by Country

In September 2023, the butter and ghee price amounted to $5,669 per ton (FOB, Poland), with an increase of 5.5% against the previous month. In general, the export price, however, continues to indicate a mild slump. Over the period under review, the average export prices attained the peak figure at $7,000 per ton in December 2022; however, from January 2023 to September 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In September 2023, the countries with the highest prices were Serbia ($6,355 per ton) and Hungary ($6,259 per ton), while the average price for exports to Bahrain ($5,260 per ton) and Romania ($5,340 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.

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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