Butter And Ghee Market in Kazakhstan
In value terms, butter and ghee production contracted to $ in estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of % y-o-y. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
The size of the butter and ghee market in Kazakhstan was estimated at $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a mild decline. The most prominent rate of growth was recorded in 2012 with an increase of % year-to-year. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to , consumption failed to regain the momentum.
From 2007 to , the average annual rate of growth in terms of the volume of consumption of butter and dairy spreads was relatively modest.
In value terms, butter and dairy spreads ($) led the market, alone. The second position in the ranking was occupied by ghee ($).
From 2007 to , the average annual growth rate of the market volume of butter and dairy spreads amounted to -%.